| Summary of Geographical Segments |
The Company’s revenues are allocated to geographic regions for the year ended April 30, 2026, 2025 and 2024 as follows:
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Years ended
April 30, |
|
Revenue by Region
(in thousands) |
|
2026
$ |
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2025
$ |
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2024
$ |
|
United States of America |
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10,307 |
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8,663 |
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8,439 |
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Europe |
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2,795 |
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|
393 |
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|
929 |
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Canada |
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322 |
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|
234 |
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|
385 |
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Australia |
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1,050 |
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|
896 |
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|
482 |
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Other |
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1,084 |
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|
440 |
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|
44 |
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15,558 |
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10,626 |
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10,279 |
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The Company’s non-current assets are allocated to geographic regions as of April 30, 2026, 2025 and 2024 as follows:
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Non-Current Assets
(in thousands) |
|
2026
$ |
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2025
$ |
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2024
$ |
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North America - Corporate |
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|
82 |
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|
80 |
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|
80 |
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North America |
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4,741 |
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4,167 |
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4,138 |
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Belgium |
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333 |
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268 |
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22,261 |
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Netherlands |
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— |
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21,172 |
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22,022 |
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5,156 |
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|
25,687 |
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|
48,501 |
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Geographic segmentation of the Company’s net income (loss) for the year ended April 30, 2026, 2025 and 2024 is as follows:
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Years ended
April 30, |
|
Net Income (Loss) including discontinued operations by Region
(in thousands) |
|
2026
$ |
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2025
$ |
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2024
$ |
|
North America - Corporate |
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9,361 |
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(8,142 |
) |
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(7,846 |
) |
North America |
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|
372 |
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|
699 |
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(449 |
) |
Belgium |
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(8,161 |
) |
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(23,908 |
) |
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(19,009 |
) |
Netherlands |
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(15,521 |
) |
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|
1,117 |
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|
1,189 |
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(13,949 |
) |
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(30,234 |
) |
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(26,115 |
) |
Geographic segmentation of the interest and accretion, and amortization and depreciation for the year ended April 30, 2026, 2025 and 2024 is as follows:
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Years ended
April 30, |
|
Interest and accretion
(in thousands) |
|
2026
$ |
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2025
$ |
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2024
$ |
|
North America - Corporate |
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— |
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44 |
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4 |
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North America |
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226 |
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|
224 |
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|
231 |
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Belgium |
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— |
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|
4 |
|
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|
— |
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Netherlands |
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|
— |
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|
(7 |
) |
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(19 |
) |
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|
226 |
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|
265 |
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|
216 |
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Years ended
April 30, |
|
Amortization and depreciation
(in thousands) |
|
2026
$ |
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2025
$ |
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2024
$ |
|
North America - Corporate |
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|
8 |
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5 |
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|
5 |
|
North America |
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758 |
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|
672 |
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|
687 |
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Belgium |
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|
98 |
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|
1,612 |
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|
2,422 |
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Netherlands |
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2 |
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— |
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— |
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|
866 |
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|
2,289 |
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|
3,114 |
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| Summary of Revenues Allocated According to Revenue Types |
The Company’s revenues are allocated according to revenue types for the year ended April 30, 2026, 2025 and 2024 as follows:
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Years ended
April 30, |
|
Revenue Allocation
(in thousands) |
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2026
$ |
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2025
$ |
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2024
$ |
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Project revenue |
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15,405 |
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|
10,397 |
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|
10,035 |
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Product sales revenue |
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|
1 |
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|
7 |
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|
21 |
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Cryostorage revenue |
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|
152 |
|
|
|
222 |
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|
223 |
|
|
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|
15,558 |
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|
10,626 |
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|
10,279 |
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|