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Earnings Per Share (Tables)
12 Months Ended
Apr. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Reconciliations of the weighted average shares outstanding for basic and diluted (loss) income per share for the years ended April 30, 2022 and 2021, respectively, were as follows:

 

   

For the Years Ended April 30,

 
   

2022

   

2021

 

Weighted average shares outstanding:

               

Basic EPS Shares outstanding (weighted average)

    9,265,934       9,177,537  

Effect of Dilutive Securities

     **       70,888  

Diluted EPS Shares outstanding

    9,265,934       9,248,425  

 

** For the year ended April 30, 2022, dilutive securities noted in the above table are excluded from the calculation of earnings per share since the inclusion of such shares would be antidilutive due to the net loss for the period. Additionally, there are anti-dilutive shares excluded in the above table for fiscal years ended April 30, 2022 and 2021 of 193,000 and 345,800, respectively.