v3.26.1
Earnings Per Share (As Restated)
9 Months Ended
Jan. 31, 2026
Net income (loss) per share of common stock attributable to common stockholders  
Earnings Per Share (As Restated)

Note 16 – Earnings Per Share (As Restated)

 

The following table sets forth the computation of basic and diluted earnings per share:

 

   2026    2025   2026    2025   2025 
   Successor    Predecessor   Successor    Predecessor 
   Three months
ended
January 31,
    Three months
ended
January 31,
   Period from, 2025
June 7 through
January 31,
    Period from
May 1 through
June 6,
   Nine months
ended
January 31,
 
   2026    2025   2026    2025   2025 
   As Restated       

As Restated

          
Basic earnings per share:                           
Numerator:                           
Net income/(loss) available to common shareholders - basic  $(106,572,140)    773,317   $171,222,236    $19,013    1,773,357 
Denominator:                           
Weighted-average number of common shares outstanding – basic   55,556,553     1,410    42,472,676     1,410    1,410 
Basic earnings per common share  $(1.92)   $548.45   $4.03    $13.48   $1,257.70 
                            
Diluted earnings per share:         -               - 
Numerator:                           
Net income/(loss) available to common shareholders - basic  $(106,572,140)   $773,317   $171,222,236    $19,013    1,773,357 
Add: Interest and discount amortization on convertible notes   -     -    37,191     -    - 
Net income available to common shareholders - dilutive  $(106,572,140)   $773,317   $171,259,427    $19,013   $1,773,357 
Denominator:                           
Weighted-average number of common shares outstanding – basic   55,556,553     1,410    42,472,676     1,410    1,410 
Add: dilutive securities                           
Warrants   -     -    91,161     -    - 
Stock options   -     -    1,007     -    - 
RSUs   -     -    392     -    - 
Convertible note   -     -    41,463     -    - 
Weighted-average number of common shares outstanding - diluted   55,556,553     1,410    42,606,699     1,410    1,410 
Diluted earnings per common share  $(1.92)   $548.45   $4.02    $13.48   $1,257.70 

 

The following table summarizes the securities that were not included in the computation of diluted income per common share as they are anti-dilutive:

 

  

Period from

November 1, 2025 through

January 31, 2026

  

Period from

June 7 through

January 31, 2026

 
   Successor 
  

Period from

November 1, 2025 through

January 31, 2026

  

Period from

June 7 through

January 31, 2026

 
Unvested RSUs   1,330    1,330