v3.25.2
Stock-Based Compensation (Tables)
 3 Months Ended
Jul. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Plan Comparison
Restated Option Plan2024 Equity Incentive Plan
Minimum exercise price as a percentage of fair market value at date of grant100%100%
Last expiration date for outstanding optionsMay 9, 2034June 5, 2035
Shares available for grant at July 31, 20250336,772
Summary of Stock-Based Compensation, Valuation Assumptions
The fair value of options granted is estimated on the date of grant using the Black-Scholes option pricing model based on the assumptions in the table below.
Three Months Ended
July 31,
20252024
Expected terms (years)1.94.9
Risk-free interest rate3.93%5.13%
Volatility54%60%
Dividend yield--