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

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 

Schedule of Computation Diluted Income Per Common Share

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