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SEGMENT INFORMATION (Tables)
6 Months Ended
Oct. 31, 2022
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

The tables below present information about reported segments with reconciliation of segment amounts to consolidated amounts as reported in the consolidated statements of operations or the consolidated balance sheets for each of the periods (in thousands):

 

   

Periods ended October 31,

 
   

Three months

   

Six months

 
   

2022

   

2021

   

2022

   

2021

 

Revenues:

                               

FEI-NY

  $ 7,680     $ 10,381     $ 14,534     $ 20,543  

FEI-Zyfer

    1,561       2,648       3,292       5,783  

less intersegment revenues

    (292 )     (93 )     (673 )     (436 )

Consolidated revenues

  $ 8,949     $ 12,936     $ 17,153     $ 25,890  

 

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

Operating income (loss):

                               

FEI-NY

  $ (1,389 )   $ (64 )   $ (3,978 )   $ (1,075 )

FEI-Zyfer

    (792 )     (132 )     (1,230 )     (99 )

less intersegment profit

    -       -       -       (20 )

Corporate

    (102 )     499       (182 )     (191 )

Consolidated operating income (loss)

  $ (2,283 )   $ 303     $ (5,390 )   $ (1,385 )

 

Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   

October 31, 2022

   

April 30, 2022

 
           

(Revised - See Note C)

 

Identifiable assets:

               

FEI-NY

  $ 40,682     $ 40,888  

FEI-Zyfer

    10,756       10,522  

less intersegment balances

    (124 )     (126 )

Corporate

    31,762       33,476  

Consolidated identifiable assets

  $ 83,076     $ 84,760  

 

Disaggregation of Revenue [Table Text Block] The amounts by segment and product line were as follows:
   

Three Months Ended October 31,

 
   

2022

   

2021

 
   

(In thousands)

   

(In thousands)

 
   

POC

   

POT

   

Total

   

POC

   

POT

   

Total

 
   

Revenue

    Revenue     Revenue    

Revenue

    Revenue     Revenue  

FEI-NY

  $ 7,173     $ 507     $ 7,680     $ 9,928     $ 453     $ 10,381  

FEI-Zyfer

    1,481       80       1,561       2,300       348       2,648  

Intersegment

    -       (292 )     (292 )     -       (93 )     (93 )

Revenue

  $ 8,654     $ 295     $ 8,949     $ 12,228     $ 708     $ 12,936  

 

   

Six Months Ended October 31,

 
   

2022

   

2021

 
   

(In thousands)

   

(In thousands)

 
   

POC

   

POT

   

Total 

   

POC

   

POT 

   

Total 

 
   

Revenue

    Revenue     Revenue    

Revenue

    Revenue     Revenue  

FEI-NY

  $ 13,451     $ 1,083     $ 14,534     $ 19,529     $ 1,014     $ 20,543  

FEI-Zyfer

    3,156       136       3,292       5,100       683       5,783  

Intersegment

    -       (673 )     (673 )     -       (436 )     (436 )

Revenue

  $ 16,607     $ 546     $ 17,153     $ 24,629     $ 1,261     $ 25,890  

 

Revenue from External Customers by Products and Services [Table Text Block]
   

Periods ended October 31,

 
   

(in thousands)

 
   

Three months

   

Six months

 
   

2022

   

2021

   

2022

   

2021

 

Revenues by Product Line:

                               

Satellite Revenue

  $ 4,333     $ 6,603     $ 7,808     $ 13,343  

Government Non-Space Revenue

    3,918       5,099       7,983       10,590  

Other Commercial & Industrial Revenue

    698       1,234       1,362       1,957  

Consolidated revenues

  $ 8,949     $ 12,936     $ 17,153     $ 25,890