v3.26.1
Digital Assets
 3 Months Ended
Jul. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Digital Assets
Note 4 — Digital Assets
The Company holds its unrestricted BNB with Ceffu and periodically receives Airdrops from blockchain projects within the Binance ecosystem whereas restricted BNB held by a lender as collateral (Note 5) is not eligible to receive Airdrops. The Company may hold other digital assets at Ceffu and Circle Internet Group, a blockchain-based treasury and payments financial technology provider ("Circle"). Digital assets to which the Company is entitled, but does not control, are presented as receivables in the Condensed Consolidated Balance Sheets; however, the Company did not have any digital asset receivables at July 31, 2026 or April 30, 2026.
The following table sets forth the units held, cost basis, and fair value of digital assets held as shown in the Condensed Consolidated Balance Sheets:
July 31, 2026April 30, 2026
(Unaudited)(Audited)
Crypto Asset(A)
Number of Tokens(B)
Cost(C)
Fair Value
Number of Tokens(B)
Cost(C)
Fair Value
Current Digital Assets(D)
BTC
27 
$
3,173 
$
1,691 
27 
$
3,173 
$
2,056 
USDT
519,520 
520 
519 
310,383 
310 
310 
Total current Digital Assets
519,547 
3,693 
2,210 
310,410 
3,483 
2,366 
Non-Current Digital Assets
Unrestricted
BNB
471,346 
411,745 
276,381 
487,956 
424,942 
300,279 
Total unrestricted, non-current Digital Assets
471,346 
411,745 
276,381 
487,956 
424,942 
300,279 
Restricted
BNB
44,198 
34,709 
25,916 
27,588 
21,512 
16,977 
Total restricted, non-current Digital Assets
44,198 
34,709 
25,916 
27,588 
21,512 
16,977 
Total non-current Digital Assets
515,544 
446,454 
302,297 
515,544 
446,454 
317,256 
Total
1,035,091 
$
450,147 
$
304,507 
825,954 
$
449,937 
$
319,622 
A.Gains and losses presented within "Unrealized loss on digital assets" of the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). Excludes USDC presented as "Cash and cash equivalents" in the Condensed Consolidated Balance Sheets.
B.Rounded to the nearest whole token.
C.Cost basis is equal to the cost of the digital asset, net of transaction fees, if any, at the time of purchase or upon receipt. The Company specifically identifies tokens to determine its cost basis for computing gains and losses.
D.Current digital assets are held primarily for operating liquidity, expected to be available for use within the next twelve months, and presented within "Other current assets" in the Condensed Consolidated Balance Sheets.