EARNINGS (LOSS) PER SHARE

9 Months Ended

Jan. 31, 2024

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 nine months ended January 31, 2024 and 2023, respectively, were as follows:

	Periods ended January 31,
	Three months				Nine months
	2024		2023		2024		2023
Weighted average shares outstanding:
Basic EPS Shares outstanding (weighted average)		9,439,939		9,349,198		9,407,789		9,327,828
Effect of Dilutive Securities		**		**		**		**
Diluted EPS Shares outstanding		9,439,939		9,349,198		9,407,789		9,327,828

** For the three and nine months ended January 31, 2024 and 2023, 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 nine months ended January 31, 2024 were 86,000 shares. The exercisable shares excluded for the three and nine months ended January 31, 2023 were 243,625 shares.