v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Plan Comparison
Restated Option Plan2024 Equity Incentive Plan
Minimum exercise price as a percentage of fair market value at date of grant100%100%
Last expiration date for outstanding optionsMay 09, 2034June 03, 2036
Shares available for grant at July 31, 2026—55,654
Summary of Stock-Based Compensation, Valuation Assumptions
The fair value of options granted is estimated on the date of grant using the Black-Scholes option pricing model based on the assumptions in the table below.
Three Months Ended
July 31,
20262025
Expected terms (years)
3.31.9
Risk-free interest rate4.07 %3.93 %
Volatility71 %54 %
Dividend yield——