v3.26.3
Condensed Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Apr. 30, 2026
Apr. 30, 2026
Operating activities        
Net income for the period $ 16,251 $ 1,025 $ 39,224  
Adjustments for:        
Depletion, depreciation and amortization 188 31    
Loss on revaluation of investments in equity securities 1,109 929    
Non-cash interest expense 495 0    
Share-based compensation 78 62    
Gain on subscription receipts liability (12,784) 0    
Deferred tax expense (recovery) (79) 379    
Unrealized net foreign exchange gain (2,049) (20)    
Net changes in operating assets and liabilities:        
Accounts receivable (732) 15    
Inventories 33,464 20,905    
Prepaids and other receivables (897) (31)    
Accounts payable and accrued liabilities 11,849 118    
Income tax payable 7,164 0    
Right-of-use assets and lease liability (3) 1    
Other payables (1,085) 0    
Cash generated from operating activities 52,969 23,414    
Investing activities        
Investment in royalties 0 (763)    
Investment in short-term investments 0 (25,000)    
Investment in Sweetwater, net of cash and restricted cash acquired (265,532) 0    
Cash used in investing activities (265,532) (25,763)    
Financing activities        
Proceeds from common shares issued upon exercise of options 256 4    
Net advance of credit facility 40,000 0    
Cash generated from financing activities 40,256 4    
Effect of exchange rate changes on cash (6,079) (551)    
Net decrease in cash and restricted cash (178,386) (2,896)    
Beginning of period 282,037 9,454 6,558 $ 9,454
End of period 103,651 6,558 $ 282,037 $ 282,037
Supplementary cash flow information:        
Interest received 2,479 66    
Interest paid 0 0    
Income taxes paid 0 0    
Non-cash investing and financing activities:        
Right of use asset and operating lease liability recognized 0 0    
Common shares issued for the acquisition of Sweetwater 611,713 0    
Preferred shares issued for the acquisition of Sweetwater $ 22,602 $ 0