GENERAL AND ADMINISTRATIVE EXPENSES (Tables)

9 Months Ended

Jan. 31, 2026

GENERAL AND ADMINISTRATIVE EXPENSES

Schedule of general and administrative expenses

General and administrative expenses consist of (in thousands):


		Three Months Ended						Nine Months Ended
		January 31,						January 31,
		2026			2025			2026			2025
Land development		$	1,922		$	989		$	3,952		$	2,884
Homebuilding			544			467			1,471			1,274
Corporate			464			419			1,310			1,173
Total		$	2,930		$	1,875		$	6,733		$	5,331