EARNINGS (LOSS) PER SHARE

6 Months Ended

Oct. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE B – EARNINGS (LOSS) PER SHARE

Reconciliation of the weighted average shares outstanding for basic and diluted income (loss) per share (“EPS”) for the three and six months ended October 31, 2023 and 2022, respectively, were as follows:

	Periods ended October 31,
	Three months				Six months
	2023		2022		2023		2022
Weighted average shares outstanding:
Basic EPS shares outstanding (weighted average)		9,399,052		9,326,347		9,391,714		9,317,143
Effect of dilutive securities		**		**		**		**
Diluted EPS shares outstanding		9,399,052		9,326,347		9,391,714		9,317,143

** For the three and six months ended October 31, 2023 and 2022, dilutive securities are excluded from the calculation of EPS since the inclusion of such shares would be antidilutive. The exercisable shares excluded for the three and six months ended October 31, 2023 was 97,000 shares. The exercisable shares excluded for the three and six months ended October 31, 2022 was 243,625 shares.