v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2026
Apr. 30, 2025
Current assets    
Cash and cash equivalents $ 3,061 $ 2,149
Inventory, net 4,040 3,294
Other current assets 3,127  
Total current assets 10,228  
Non-current assets    
Digital assets, net of current portion 317,256  
Intangible assets, net 4,800  
Goodwill 3,538  
Other non-current assets 2,024  
Total non-current assets 327,618  
Total Assets 337,846 9,044
Current liabilities    
Accounts payable and accrued expenses 5,290  
Current portion of operating lease liability 670 529
Related party note payable 1,083  
Other current related party liabilities 365  
Total current liabilities 8,644  
Non-current liabilities    
Warrants 22,031  
Related party note payable 753  
Other non-current liabilities 1,642  
Total non-current liabilities 24,426  
Total liabilities 33,070  
Commitments and contingencies (Note [•])  
SHAREHOLDERS’ EQUITY    
Preferred stock $0.00001 par value; [•] authorized; none issued and outstanding 0  
Common stock, par value, authorized, shares issued and outstanding 0  
Additional paid-in capital 231,274  
Retained earnings 73,443  
Accumulated other comprehensive income (loss) 59  
Total shareholders’ equity 304,776  
Total Liabilites and Shareholders' Equity 337,846  
Predecessor    
Current assets    
Cash and cash equivalents   2,149
Inventory, net   3,294
Other current assets   1,016
Total current assets   6,459
Non-current assets    
Digital assets, net of current portion   0
Intangible assets, net   0
Goodwill   0
Other non-current assets   2,585
Total non-current assets   2,585
Total Assets   9,044
Current liabilities    
Accounts payable and accrued expenses   2,255
Current portion of operating lease liability   529
Related party note payable   0
Other current related party liabilities   0
Total current liabilities   2,908
Non-current liabilities    
Warrants   0
Related party note payable   0
Other non-current liabilities   1,375
Total non-current liabilities   1,375
Total liabilities   4,283
Commitments and contingencies (Note [•])  
SHAREHOLDERS’ EQUITY    
Preferred stock $0.00001 par value; [•] authorized; none issued and outstanding   0
Common stock, par value, authorized, shares issued and outstanding   0
Additional paid-in capital   0
Retained earnings   4,838
Accumulated other comprehensive income (loss)   (77)
Total shareholders’ equity   4,761
Total Liabilites and Shareholders' Equity   9,044
Related Party    
Current liabilities    
Other current liabilities 558  
Related Party | Predecessor    
Current liabilities    
Other current liabilities   0
Nonrelated Party    
Current liabilities    
Other current liabilities $ 678  
Nonrelated Party | Predecessor    
Current liabilities    
Other current liabilities   $ 124