| INTANGIBLE ASSETS |
Changes in the value of the intangible assets during the three months ended July 31, 2026, and the year ended April 30, 2026, are as follows:
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(in thousands) |
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Internally
Generated
Development
Costs
$ |
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Intellectual
Property
$ |
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Proprietary
Processes
$ |
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Certifications
$ |
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Total
$ |
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Cost: |
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Balance, April 30, 2025 |
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33 |
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10,969 |
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8,323 |
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|
146 |
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19,471 |
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Discontinued operations |
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— |
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(4,292 |
) |
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|
(8,080 |
) |
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(146 |
) |
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(12,518 |
) |
Foreign exchange |
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— |
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|
175 |
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|
8 |
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— |
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|
183 |
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Balance, April 30, 2026 |
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33 |
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6,852 |
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251 |
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— |
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7,136 |
|
Foreign exchange |
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— |
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— |
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— |
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— |
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— |
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Balance, July 31, 2026 |
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33 |
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6,852 |
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251 |
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— |
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7,136 |
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Accumulated Amortization: |
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Balance, April 30, 2025 |
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33 |
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9,902 |
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8,323 |
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|
146 |
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18,404 |
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Discontinued operations |
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— |
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(3,341 |
) |
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(8,080 |
) |
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(146 |
) |
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(11,567 |
) |
Foreign exchange |
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— |
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|
291 |
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|
8 |
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— |
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|
299 |
|
Balance, April 30, 2026 |
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|
33 |
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6,852 |
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|
251 |
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— |
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|
7,136 |
|
Foreign exchange |
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— |
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— |
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— |
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— |
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— |
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Balance, July 31, 2026 |
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33 |
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6,852 |
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251 |
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— |
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7,136 |
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Net Book Value: |
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April 30, 2026 |
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— |
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— |
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— |
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— |
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— |
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July 31, 2026 |
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— |
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— |
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— |
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— |
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— |
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