v3.26.1
Condensed Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
Income Statement [Abstract]        
Net Sales $ 5,659,000 $ 4,912,000 $ 17,889,000 $ 16,306,000
Less: Cost of Goods Sold (3,092,000) (2,614,000) (9,330,000) (8,349,000)
Gross Profit 2,567,000 2,298,000 8,559,000 7,957,000
Operating Expenses        
General and Administrative 375,000 344,000 1,111,000 1,098,000
Sales 839,000 726,000 2,454,000 2,320,000
Engineering 35,000 32,000 81,000 86,000
Total Operating Expenses 1,249,000 1,102,000 3,646,000 3,504,000
Income From Operations 1,318,000 1,196,000 4,913,000 4,453,000
Other Income (Expense)        
Other 1,000 66,000 97,000
Dividend and Interest Income 683,000 536,000 1,312,000 1,152,000
Unrealized Gain on equity securities 369,000 92,000 3,662,000 1,505,000
Gain on Sale of Investments 511,000 341,000 777,000 890,000
Gain on Solar Tax Credit 134,000 95,000 134,000 468,000
(Loss) on Sale of Assets (30,000) (2,000)
Total Other Income 1,697,000 1,065,000 5,921,000 4,110,000
Income Before Provisions for Income Taxes 3,015,000 2,261,000 10,834,000 8,563,000
Provisions for Income Taxes:        
Current Expense 452,000 602,000 1,441,000 1,771,000
Deferred Tax Expense 83,000 52,000 778,000 264,000
Total Income Tax Expense 535,000 654,000 2,219,000 2,035,000
Net Income $ 2,480,000 $ 1,607,000 $ 8,615,000 $ 6,528,000
Income Per Share of Common Stock        
Basic $ 0.51 $ 0.33 $ 1.76 $ 1.33
Diluted $ 0.51 $ 0.33 $ 1.75 $ 1.33
Weighted Average Number of Common Shares Outstanding        
Basic 4,889,160 4,895,382 4,890,785 4,896,281
Diluted 4,910,355 4,915,882 4,911,980 4,916,781