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Operating Segments and Geographic Information
 6 Months Ended
Oct. 31, 2025
Segment Reporting [Abstract]  
Operating Segments and Geographic Information

(16) Operating Segments and Geographic Information

 

The Company operates as one operating segment. The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer, who reviews financial information on a consolidated basis and utilizes net loss for purposes of making operating decisions, assessing financial performance of the consolidated Company, and making resource allocation decisions. The CODM also reviews total assets. While assets may move throughout the world to support our revenue projects, for reporting purposes they are included in North America total assets. Revenue and expenses are generally attributed to the operating unit that bills the customers.

 

The following table presents selected financial information with respect to the Company’s single operating segment and its significant segment expenses for the three and six months ended October 31, 2025 and 2024, respectively:

 

           
   Three month ended October 31, 
   2025   2024 
   (in thousands) 
Revenue  $424   $2,418 
Less:          
Cost of sales   1,804    1,623 
Product development costs   286    556 
Employee-related costs   2,397    1,959 
Professional, consulting and contractor fees   1,478    706 
General and administrative costs   674    518 
Facilities costs   419    394 
Share-based compensation   2,792    292 
Depreciation and amortization expense   237    285 
Other expense (income)   138    1 
Interest (income)/expense, net   564    (3)
Credit loss expense   460    — 
Net loss  $(10,825)  $(3,913)

 

           
   Six month ended October 31, 
   2025   2024 
   (in thousands) 
Revenue  $1,606   $3,719 
Less:          
Cost of sales   3,009    2,477 
Product development costs   422    720 
Employee-related costs   4,682    3,629 
Professional, consulting and contractor fees   2,455    2,283 
General and administrative costs   1,326    1,152 
Facilities costs   798    773 
Share-based compensation   5,191    551 
Depreciation and amortization expense   464    522 
Other expense (income)   138    (16)
Interest income   873    (7)
Credit loss expense   460    — 
Net loss  $(18,212)  $(8,365)