v3.26.3
Inventory
3 Months Ended
Jul. 31, 2026
Inventory Disclosure [Abstract]  
Inventory

(4) Inventory

 

The Company holds inventory related to the production of its WAM-V® and PowerBuoy® products.

 

   July 31, 2026   April 30, 2026 
   (in thousands) 
Raw Materials  $2,934   $2,581 
Work in Process   1,618    609 
Finished Products        
Inventory  $4,552   $3,190 

 

The Company’s raw materials balance represents the majority of the inventory as the Company orders parts in quantity to fill orders. Work in process is a combination of buoy and boat builds that are for both active projects and for inventory to have ready for potential future projects. The Company typically ships finished products as they are completed.