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Accounts Receivable, Contract Assets and Contract Liabilities (Tables)
6 Months Ended
Oct. 31, 2025
Accounts Receivable Contract Assets And Contract Liabilities  
Schedule of Accounts Receivable, Contract Assets and Contract Liabilities

The following provides further details on the balance sheet accounts of accounts receivable, contract assets and contract liabilities from contracts with customers:

 

   October 31, 2025   April 30, 2025   April 30, 2024 
   (in thousands) 
Accounts receivable  $1,100   $1,191   $796 
Contract assets  $752   $1,088   $18 
Contract liabilities  $135   $   $302 
Schedule of Significant Changes in Contract Assets

Significant changes in the contract assets balances during the period were as follows:

 

  

Six months ended

October 31, 2025

  

Six months ended

October 31, 2024

 
   (in thousands) 
Transferred to receivables from contract assets recognized  $(853)  $(583)
Revenue recognized and not billed   517    651 
Net change in contract assets  $(336)  $68 
Schedule of Significant Changes in Contract Liabilities

Significant changes in the contract liabilities balances during the period are as follows:

 

  

Six months ended

October 31, 2025

  

Six months ended

October 31, 2024

 
   (in thousands) 
Revenue recognized  $(115)  $(1,515)
Payments collected for which revenue has not been recognized   250    1,332 
Net change in contract liabilities  $135   $(183)