v3.26.1
Earnings Per Share (As Restated)
6 Months Ended
Oct. 31, 2025
Net income 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:

 

                   
   Successor   Predecessor   Successor   Predecessor 
   Three months ended October 31,   Three months ended October 31,  

Period from

June 7 through October 31,

  

Period from

May 1 through June 6,

   Six months ended October 31, 
   2025   2024   2025   2025   2024 
   As Restated       As Restated         
Basic earnings per share:                         
Numerator:                         
Net income available to common shareholders - basic  $283,642,773    291,617   $277,794,376   $19,013    1,000,040 
Denominator:                         
Weighted-average number of common shares outstanding – basic   54,801,438    1,410    34,637,698    1,410    1,410 
Basic earnings per common share  $5.18   $206.82   $8.02   $13.48   $709.25 
                          
Diluted earnings per share:        -              - 
Numerator:                         
Net income available to common shareholders - basic  $283,642,773   $291,617   $277,794,376   $19,013    1,000,040 
Add: Interest and discount amortization on convertible notes  $14,181    -   $22,830   $-    - 
Net income available to common shareholders - dilutive  $283,656,954   $291,617   $277,817,206   $19,013   $1,000,040 
Denominator:                         
Weighted-average number of common shares outstanding – basic   54,801,438    1,410    34,637,698    1,410    1,410 
Add: dilutive securities                         
Warrants   273,484    -    136,742    -    - 
Stock Options   1,703    -    1,510    -    - 
RSUs   -    -    587    -    - 
Convertible Note   39,808    -    40,769    -    - 
Weighted-average number of common shares outstanding - diluted   55,116,433    1,410    34,817,306    1,410    1,410 
Diluted earnings per common share  $5.15   $206.82   $7.98   $13.48   $709.25 

 

 

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

 

             
   Successor 
  

Period from

August 1 through

October 31, 2025

  

Period from

June 7 through

October 31, 2025

 
Unvested RSUs   2,660    2,660