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Leases (Tables)

12 Months Ended

Apr. 30, 2024

Leases

Schedule of Operating Lease Costs

The components of lease expense in the Consolidated Statement of Operations for the fiscal year ended April 30, 2024 and 2023 was as follows:

 Schedule of Operating Lease Costs

		2024				2023
		Fiscal year ended April 30,
		2024				2023
Operating lease cost		$	640			$	382
Short-term lease cost			68				44
Total lease cost		$	708			$	426

Schedule of Right-of use Assets and Lease Liabilities

Information related to the Company’s right-of use assets and lease liabilities as of April 30, 2024 is as follows:

Schedule of Right-of use Assets and Lease Liabilities 

		April 30, 2024
			(in thousands)
Operating lease:
Operating right-of-use assets, net		$	2,405
Right-of-use liabilities- current			774
Right-of-use liabilities- long term			1,798
Total lease liabilities		$	2,572
Weighted average remaining lease term- operating leases			2.98 years
Weighted average discount rate- operating leases			8.4	%

Schedule of Future Minimum Lease payments Under Operating Lease

Total remaining lease payments under the Company’s operating leases are as follows:

 Schedule of Future Minimum Lease payments Under Operating Lease

		April 30, 2024
			(in thousands)
2025		$	1,410
2026			1,847
2027			329
2028			333
2029			28
Thereafter			-
Total future minimum lease payments			3,947
Less imputed interest			(1,375	)
Total		$	2,572

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- References

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Schedule of right-of-use assets and lease liabilities [Table Text Block]

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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