v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,288,000 $ 12,716,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 312,000 179,000
Non-cash credits and charges:    
Stock-based compensation 447,000 423,000
Deferred income tax provision 3,197,000 839,000
Changes in assets and liabilities:    
Real estate inventory 361,000 (767,000)
Investment assets, net (1,461,000) (2,329,000)
Other assets (992,000) 544,000
Accounts payable and accrued expenses 305,000 (1,073,000)
Income taxes (payable) receivable, net 421,000 (290,000)
Net cash provided by operating activities 12,878,000 10,242,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures for property and equipment (102,000) (583,000)
Proceeds from the sale of property and equipment   30,000
Net cash used in investing activities (102,000) (553,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt payments (8,000) (9,000)
Net cash used in financing activities (8,000) (9,000)
Increase in cash, cash equivalents and restricted cash 12,768,000 9,680,000
Cash, cash equivalents and restricted cash, beginning of year 39,921,000 30,241,000
Cash, cash equivalents and restricted cash, end of year 52,689,000 39,921,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid, net $ 502,000 $ 324,000