| Schedule of data for the industry segments in which the Company operated |
The following table sets forth summarized data relative to the industry segments in which the Company operated for 2026 (in thousands): | | | | | | | | | | | | Land | | | | | | | For the Year Ended April 30, 2026 | | Development | | Homebuilding | | Consolidated | Revenues | | $ | 29,235 | | $ | 23,612 | | $ | 52,847 | Cost of Revenues | | | 13,948 | | | 17,482 | | | 31,430 | General and administrative expenses | | | 5,249 | | | 2,033 | | | 7,282 | Segment profit (loss) | | | 10,038 | | | 4,097 | | | 14,135 | Interest income, net | | | | | | | | | 1,734 | | | | | | | | | | | Unallocated amounts: | | | | | | | | | | Other corporate general and administrative expenses | | | | | | | | | (1,743) | | | | | | | | | | | Income before income taxes | | | | | | | | $ | 14,126 | | | | | | | | | | | Segment assets as of April 30, 2026 | | $ | 119,943 | | $ | 22,546 | | | | Depreciation and amortization for the year ended April 30, 2026 | | $ | 311 | | $ | 30 | | | | Capital expenditures for the year ended April 30, 2026 | | $ | — | | $ | 102 | | | |
The following table sets forth summarized data relative to the industry segments in which the Company operated for 2025 (in thousands): | | | | | | | | | | | | Land | | | | | | | For the Year Ended April 30, 2025 | | Development | | Homebuilding | | Consolidated | Revenues | | $ | 32,257 | | $ | 17,437 | | $ | 49,694 | Cost of Revenues | | | 17,081 | | | 13,228 | | | 30,309 | General and administrative expenses | | | 3,847 | | | 1,764 | | | 5,611 | Segment profit (loss) | | | 11,329 | | | 2,445 | | | 13,774 | Interest income, net | | | | | | | | | 1,622 | Other expense | | | | | | | | | (4) | | | | | | | | | | | Unallocated amounts: | | | | | | | | | | Other corporate general and administrative expenses | | | | | | | | | (1,667) | | | | | | | | | | | Income before income taxes | | | | | | | | $ | 13,725 | | | | | | | | | | | Segment assets as of April 30, 2025 | | $ | 106,138 | | $ | 22,913 | | | | Depreciation and amortization for the year ended April 30, 2025 | | $ | 212 | | $ | 15 | | | | Capital expenditures for the year ended April 30, 2025 | | $ | 504 | | $ | 79 | | | |
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