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NOTE A – CONDENSED CONSOLIDATED FINANCIAL STATEMENTS In the opinion of management of Frequency Electronics, Inc. (the “Company”), the accompanying unaudited condensed consolidated interim financial statements reflect all adjustments (which include only normal recurring adjustments) necessary to present fairly, in all material respects, the condensed consolidated financial position of the Company as of July 31, 2023 and the results of its operations, changes in stockholders’ equity for the three months ended July 31, 2023 and 2022, and cash flows for the three months ended July 31, 2023 and 2022. The April 30, 2023 condensed consolidated balance sheet was derived from audited financial statements. These financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP’). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. These condensed consolidated interim financial statements should be read in conjunction with the annual consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2023, filed on July 27, 2023 with the Securities and Exchange Commission (the “Form 10-K”). The results of operations for such interim periods are not necessarily indicative of the operating results for the full fiscal year. COVID-19 Pandemic, and Other Macroeconomic Factors On May 5, 2023, the World Health Organization (“WHO”) announced an end to the global health emergency related to the coronavirus originating in Wuhan, China (“COVID-19”). Additionally, on May 11, 2023 the Public Health Emergency declared by the U.S. Department of Health and Human Services expired. Certain Company vendors continue to deliver materials with longer lead times due to COVID-19 related impacts to their workforces or their supply chains. These delays have impacted the Company’s production schedules, and increased costs associated with procurement of materials and services. The Company continues to monitor these and its other vendors and, if necessary, seek alternative suppliers, or, in certain cases, re-design products using alternative parts and materials.

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 months ended July 31, 2023 and 2022, respectively, were as follows: <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1305" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1306" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three months ended July 31, </td> <td id="new_id-1307" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1308" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1309" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1310" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1311" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1312" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1313" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 70%;"> Weighted average shares outstanding: </td> <td id="new_id-1314" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1315" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1316" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1317" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1318" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1319" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1320" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1321" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Basic EPS shares outstanding (weighted average) </td> <td id="new_id-1322" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1323" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1324" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,384,375</td> <td id="new_id-1325" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1326" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1327" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1328" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,307,939</td> <td id="new_id-1329" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Effect of dilutive securities </td> <td id="new_id-1330" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1331" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="-sec-ix-hidden: hidden-fact-2">**</div></td> <td id="new_id-1332" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1333" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1334" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1335" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="-sec-ix-hidden: hidden-fact-3">**</div></td> <td id="new_id-1336" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Diluted EPS shares outstanding </td> <td id="new_id-1337" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1338" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1339" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">9,384,375</td> <td id="new_id-1340" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1341" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1342" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1343" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">9,307,939</td> <td id="new_id-1344" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> ** For the three months ended July 31, 2023 and 2022, dilutive securities are excluded from the calculation of earnings per share since the inclusion of such shares would be antidilutive. The exercisable shares excluded for the three months ended July 31, 2023 and 2022 were 155,000 options and 357,125 options, respectively.

Reconciliation of the weighted average shares outstanding for basic and diluted income (loss) per share (“EPS”) for the three months ended July 31, 2023 and 2022, respectively, were as follows:<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1305" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1306" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three months ended July 31, </td> <td id="new_id-1307" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1308" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1309" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1310" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1311" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1312" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1313" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 70%;"> Weighted average shares outstanding: </td> <td id="new_id-1314" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1315" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1316" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1317" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1318" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1319" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1320" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1321" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Basic EPS shares outstanding (weighted average) </td> <td id="new_id-1322" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1323" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1324" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,384,375</td> <td id="new_id-1325" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1326" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1327" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1328" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,307,939</td> <td id="new_id-1329" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Effect of dilutive securities </td> <td id="new_id-1330" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1331" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="-sec-ix-hidden: hidden-fact-2">**</div></td> <td id="new_id-1332" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1333" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1334" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1335" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="-sec-ix-hidden: hidden-fact-3">**</div></td> <td id="new_id-1336" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Diluted EPS shares outstanding </td> <td id="new_id-1337" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1338" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1339" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">9,384,375</td> <td id="new_id-1340" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1341" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1342" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1343" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">9,307,939</td> <td id="new_id-1344" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>** For the three months ended July 31, 2023 and 2022, dilutive securities are excluded from the calculation of earnings per share since the inclusion of such shares would be antidilutive. The exercisable shares excluded for the three months ended July 31, 2023 and 2022 were 155,000 options and 357,125 options, respectively.

9384375

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155000

357125

NOTE C – CONTRACT (LIABILITIES) ASSETS At July 31, 2023 and April 30, 2023, contract assets and contract liabilities, consisted of the following (in thousands): <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1345" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1346" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1347" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1348" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1349" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1350" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td id="new_id-1351"> </td> <td id="new_id-1352"> </td> <td id="new_id-1353"> </td> <td id="new_id-1354"> </td> <td id="new_id-1355"> </td> <td id="new_id-1356"> </td> <td id="new_id-1357"> </td> <td id="new_id-1358"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Contract assets </td> <td id="new_id-1359" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1360" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1361" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,028</td> <td id="new_id-1362" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1363" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1364" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1365" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,009</td> <td id="new_id-1366" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contract liabilities </td> <td id="new_id-1367" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1368" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1369" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(18,356</td> <td id="new_id-1370" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1371" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1372" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1373" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(18,586</td> <td id="new_id-1374" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table> Contract assets represent revenue recognized on long-term contracts that have not been billed at the balance sheet dates and contract liabilities represent a liability for amounts billed in excess of the revenue recognized, contract liabilities. Amounts are billed to customers pursuant to contract terms. In general, the recorded amounts will be billed and collected or revenue recognized within twelve months of the balance sheet dates. Revenue on these long-term contracts are accounted for over time using the percentage-of-completion (“POC”) method. Fluctuations of contract assets and contract liabilities are due to the timing of funding, amounts billed and revenue recorded. Contract assets increased $1.0 million during the three months ended July 31, 2023, primarily due to revenue recognized during the three months ended July 31, 2023 for which we have not yet billed our customers. Contract liabilities increased $0.2 million during the three months ended July 31, 2023, primarily due to payments received in excess of revenue recognized on these performance obligations. During the three months ended July 31, 2023, we recognized $3.7 million of our contract liabilities at April 30, 2023 as revenue. During three months ended July 31, 2022, we recognized $2.5 million of our contract liabilities at April 30, 2022 as revenue. During the three months ended July 31, 2023 and 2022, revenue recognized under POC contracts was approximately $11.7 million and $7.9 million, respectively. If contract losses are anticipated, a loss provision is recorded for the full amount of such losses when they are determinable. Total contract losses, recorded in cost of revenue, for the three months ended July 31, 2023 and 2022 were approximately $139,000 and $1.2 million, respectively.

At July 31, 2023 and April 30, 2023, contract assets and contract liabilities, consisted of the following (in thousands):<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1345" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1346" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1347" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1348" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1349" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1350" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td> </td> <td id="new_id-1351"> </td> <td id="new_id-1352"> </td> <td id="new_id-1353"> </td> <td id="new_id-1354"> </td> <td id="new_id-1355"> </td> <td id="new_id-1356"> </td> <td id="new_id-1357"> </td> <td id="new_id-1358"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Contract assets </td> <td id="new_id-1359" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1360" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1361" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">11,028</td> <td id="new_id-1362" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1363" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1364" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1365" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,009</td> <td id="new_id-1366" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Contract liabilities </td> <td id="new_id-1367" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1368" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1369" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(18,356</td> <td id="new_id-1370" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1371" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1372" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1373" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(18,586</td> <td id="new_id-1374" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> </table>

11028000

10009000

18356000

18586000

1000000

200000

3700000

2500000

11700000

7900000

139000

1200000

NOTE D – EMPLOYEE BENEFIT PLANS During the three months ended July 31, 2023, the Company made contributions of 17,013 shares, of its common stock to the Company’s profit-sharing plan and trust under Section 401(k) of the Internal Revenue Code. Such contributions are in accordance with the Company’s discretionary match of employee voluntary contributions to this plan. Deferred compensation expense charged to selling and administrative expenses during the three months ended July 31, 2023, were approximately $138,000, inclusive of approximately $38,000 of interest expense. Payments made related to deferred compensation were approximately $185,000 for the same period. Deferred compensation expense charged to selling and administrative expenses during the three months ended July 31, 2022, were approximately $127,000, inclusive of approximately $17,000 of interest expense. Payments made related to deferred compensation were approximately $161,000 for the same period.

17013

138000

38000

185000

127000

17000

161000

NOTE E – INVENTORIES Inventories, which are reported at the lower of cost and net realizable value, consisted of the following (in thousands): <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1375" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1376" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1377" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1378" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1379" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1380" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Raw Materials and Component Parts </td> <td id="new_id-1381" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1382" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1383" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">14,173</td> <td id="new_id-1384" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1385" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1386" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1387" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,460</td> <td id="new_id-1388" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Work in Progress </td> <td id="new_id-1389" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1390" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1391" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,914</td> <td id="new_id-1392" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1393" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1394" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1395" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,547</td> <td id="new_id-1396" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Finished Goods </td> <td id="new_id-1397" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1398" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1399" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">517</td> <td id="new_id-1400" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1401" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1402" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1403" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">519</td> <td id="new_id-1404" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1405" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1406" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1407" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">22,604</td> <td id="new_id-1408" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1409" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1410" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1411" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">20,526</td> <td id="new_id-1412" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

Inventories, which are reported at the lower of cost and net realizable value, consisted of the following (in thousands):<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1375" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1376" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1377" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1378" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1379" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1380" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Raw Materials and Component Parts </td> <td id="new_id-1381" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1382" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1383" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">14,173</td> <td id="new_id-1384" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1385" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1386" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1387" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,460</td> <td id="new_id-1388" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Work in Progress </td> <td id="new_id-1389" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1390" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1391" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,914</td> <td id="new_id-1392" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1393" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1394" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1395" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">7,547</td> <td id="new_id-1396" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Finished Goods </td> <td id="new_id-1397" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1398" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1399" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">517</td> <td id="new_id-1400" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1401" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1402" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1403" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">519</td> <td id="new_id-1404" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1405" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1406" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1407" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">22,604</td> <td id="new_id-1408" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1409" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1410" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1411" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">20,526</td> <td id="new_id-1412" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

14173000

12460000

7914000

7547000

517000

519000

22604000

20526000

NOTE F – RIGHT-OF-USE ASSETS AND LEASE LIABILITIES The Company’s leases primarily represent offices, warehouses, vehicles, manufacturing facilities and Research and Development (“R&D”) facilities which expire at various times through 2029 and are operating leases. Contractual arrangements are evaluated at inception to determine if the agreement contains a lease. New York lease. In February 2019, the Company entered into an agreement to lease a building to be used as a corporate headquarters office and manufacturing facility in Mitchell Field, NY (“New York lease”). The New York lease expires September 30, 2029 and contains renewal options, early termination, rent abatement, and escalation clauses that are factored into our determination of lease payments when appropriate. We include options to extend or terminate leases in the Right-of-Use (ROU) operating lease asset and liability when it is reasonably certain we will exercise these options. As of July 31, 2023 lease options were not included in the calculation of the ROU operating lease asset and liability. ROU assets and lease liabilities are recorded based on the present value of future lease payments which will factor in certain qualifying initial direct costs incurred as well as any lease incentives that may have been received. Lease expenses for operating lease payments are recognized on a straight-line basis over the lease term. California lease. In October 2017, the Company entered into an agreement to lease a building to be used as an office and manufacturing facility in Garden Grove, CA (“California Lease”). The California lease expires January 31, 2025 and contains renewal options, early termination, rent abatement, and escalation clauses that are factored into our determination of lease payments when appropriate. We include options to extend or terminate leases in the ROU operating lease asset and liability when it is reasonably certain we will exercise these options. As of July 31, 2023 lease options were not included in the calculation of the ROU operating lease asset and liability. ROU assets and lease liabilities are recorded based on the present value of future lease payments which will factor in certain qualifying initial direct costs incurred as well as any lease incentives that may have been received. Lease expenses for operating lease payments are recognized on a straight-line basis over the lease term. New Jersey lease. In February 2022, the Company entered into an agreement to lease a building to be used as an office and manufacturing facility in Northvale, NJ (“New Jersey lease”). The New Jersey lease expires January 31, 2025 and contains renewal options, early termination, rent abatement, and escalation clauses that are factored into our determination of lease payments when appropriate. We include options to extend or terminate leases in the ROU operating lease asset and liability when it is reasonably certain we will exercise these options. As of July 31, 2023 lease options were not included in the calculation of the ROU operating lease asset and liability. ROU assets and lease liabilities are recorded based on the present value of future lease payments which will factor in certain qualifying initial direct costs incurred as well as any lease incentives that may have been received. Lease expenses for operating lease payments are recognized on a straight-line basis over the lease term. The Company elected the practical expedient for short-term leases which allows leases with terms of 12 months or less to be recorded on a straight-line basis over the lease term without being recognized on the consolidated balance sheets. The table below presents ROU assets and liabilities recorded on the respective consolidated balance sheets as follows (in thousands): <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 36%;"> </td> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%; border-bottom: 1px solid black;"> Classification </td> <td id="new_id-1413" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1414" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> July 31, 2023 </td> <td id="new_id-1415" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1416" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1417" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> April 30, 2023 </td> <td id="new_id-1418" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Assets </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 33%;"> </td> <td id="new_id-1419" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1420" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1421" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1422" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1423" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1424" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1425" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1426" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease ROU assets </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> ROU assets - operating leases </td> <td id="new_id-1427" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1428" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-1429" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">7,062</td> <td id="new_id-1430" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1431" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1432" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-1433" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">7,382</td> <td id="new_id-1434" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 36%;"> </td> <td style="width: 1%;"> </td> <td style="width: 33%;"> </td> <td id="new_id-1435" style="width: 1%;"> </td> <td id="new_id-1436" style="width: 1%;"> </td> <td id="new_id-1437" style="width: 12%;"> </td> <td id="new_id-1438" style="width: 1%;"> </td> <td id="new_id-1439" style="width: 1%;"> </td> <td id="new_id-1440" style="width: 1%;"> </td> <td id="new_id-1441" style="width: 12%;"> </td> <td id="new_id-1442" style="width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Liabilities </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 33%;"> </td> <td id="new_id-1443" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1444" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1445" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1446" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1447" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1448" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1449" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1450" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease liabilities (short-term) </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> Operating lease liability - current portion </td> <td id="new_id-1451" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1452" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1453" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,766</td> <td id="new_id-1454" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1455" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1456" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1457" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,753</td> <td id="new_id-1458" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease liabilities (long-term) </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> Operating lease liability - non-current portion </td> <td id="new_id-1459" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1460" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1461" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,518</td> <td id="new_id-1462" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1463" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1464" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1465" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,883</td> <td id="new_id-1466" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td colspan="3" style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 37%;"> Total lease liabilities </td> <td id="new_id-1467" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1468" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1469" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,284</td> <td id="new_id-1470" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1471" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1472" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1473" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,636</td> <td id="new_id-1474" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Total operating lease expense was $454,000 and $481,000 for the three months ended July 31, 2023 and 2022, respectively, the majority of which is included in cost of revenues and the remaining amount in selling and administrative expenses on the unaudited condensed consolidated statements of operations. The table below reconciles the undiscounted cash flows for each of the first four fiscal years and total of the remaining fiscal years to the operating lease liabilities recorded on the unaudited condensed consolidated balance sheet as of July 31, 2023: <table cellpadding="0" cellspacing="0" class="finTable" style="width: 50%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; margin-left: 25%; margin-right: 25%;"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 76%;"> Fiscal Year Ending April 30, </td> <td id="new_id-1475" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 2%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 76%;"> (in thousands) </td> <td id="new_id-1476" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 2%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="width: 72%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1477" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1478" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1479" style="width: 22%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1480" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Remainder of 2024 </td> <td id="new_id-1481" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1482" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1483" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,317</td> <td id="new_id-1484" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2025 </td> <td id="new_id-1485" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1486" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1487" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,844</td> <td id="new_id-1488" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2026 </td> <td id="new_id-1489" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1490" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1491" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,328</td> <td id="new_id-1492" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2027 </td> <td id="new_id-1493" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1494" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1495" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">937</td> <td id="new_id-1496" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2028 </td> <td id="new_id-1497" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1498" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1499" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,262</td> <td id="new_id-1500" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Thereafter </td> <td id="new_id-1501" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1502" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1503" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,976</td> <td id="new_id-1504" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Total lease payments </td> <td id="new_id-1505" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1506" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1507" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">8,664</td> <td id="new_id-1508" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Less imputed interest </td> <td id="new_id-1509" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1510" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1511" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,380</td> <td id="new_id-1512" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Present value of future lease payments </td> <td id="new_id-1513" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1514" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1515" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">7,284</td> <td id="new_id-1516" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Less current obligations under leases </td> <td id="new_id-1517" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1518" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1519" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,766</td> <td id="new_id-1520" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Long-term lease obligations </td> <td id="new_id-1521" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1522" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1523" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,518</td> <td id="new_id-1524" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> As of July 31, 2023 and 2022, the weighted-average remaining lease term for all operating leases was 5.43 years and 6.15 years, respectively. The Company does not generally have access to the rate implicit in the leases and therefore selected a rate that is reflective of companies with similar credit ratings for secured debt as the discount rate. The weighted average discount rate for operating leases as of July 31, 2023 and 2022, was 6.23% and 6.18%, respectively.

The table below presents ROU assets and liabilities recorded on the respective consolidated balance sheets as follows (in thousands):<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 36%;"> </td> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%; border-bottom: 1px solid black;"> Classification </td> <td id="new_id-1413" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1414" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> July 31, 2023 </td> <td id="new_id-1415" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td id="new_id-1416" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td colspan="2" id="new_id-1417" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> April 30, 2023 </td> <td id="new_id-1418" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Assets </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 33%;"> </td> <td id="new_id-1419" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1420" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1421" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1422" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1423" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1424" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1425" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1426" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease ROU assets </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> ROU assets - operating leases </td> <td id="new_id-1427" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1428" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-1429" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">7,062</td> <td id="new_id-1430" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1431" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1432" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">$</td> <td id="new_id-1433" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">7,382</td> <td id="new_id-1434" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="width: 36%;"> </td> <td style="width: 1%;"> </td> <td style="width: 33%;"> </td> <td id="new_id-1435" style="width: 1%;"> </td> <td id="new_id-1436" style="width: 1%;"> </td> <td id="new_id-1437" style="width: 12%;"> </td> <td id="new_id-1438" style="width: 1%;"> </td> <td id="new_id-1439" style="width: 1%;"> </td> <td id="new_id-1440" style="width: 1%;"> </td> <td id="new_id-1441" style="width: 12%;"> </td> <td id="new_id-1442" style="width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Liabilities </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; width: 33%;"> </td> <td id="new_id-1443" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1444" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1445" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1446" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1447" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1448" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> <td id="new_id-1449" style="font-family: "Times New Roman"; font-size: 10pt; width: 12%;"> </td> <td id="new_id-1450" style="font-family: "Times New Roman"; font-size: 10pt; width: 1%;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease liabilities (short-term) </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> Operating lease liability - current portion </td> <td id="new_id-1451" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1452" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1453" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,766</td> <td id="new_id-1454" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1455" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1456" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1457" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,753</td> <td id="new_id-1458" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 36%;"> Operating lease liabilities (long-term) </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 1%;"> </td> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 33%;"> Operating lease liability - non-current portion </td> <td id="new_id-1459" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1460" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1461" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,518</td> <td id="new_id-1462" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1463" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1464" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1465" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">5,883</td> <td id="new_id-1466" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td colspan="3" style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 37%;"> Total lease liabilities </td> <td id="new_id-1467" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1468" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1469" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,284</td> <td id="new_id-1470" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1471" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1472" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1473" style="width: 12%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,636</td> <td id="new_id-1474" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

7062000

7382000

1766000

1753000

5518000

5883000

7284000

7636000

454000

481000

The table below reconciles the undiscounted cash flows for each of the first four fiscal years and total of the remaining fiscal years to the operating lease liabilities recorded on the unaudited condensed consolidated balance sheet as of July 31, 2023:<table cellpadding="0" cellspacing="0" class="finTable" style="width: 50%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; margin-left: 25%; margin-right: 25%;"> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 76%;"> Fiscal Year Ending April 30, </td> <td id="new_id-1475" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 2%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td colspan="4" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 76%;"> (in thousands) </td> <td id="new_id-1476" style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 2%;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <td style="width: 72%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1477" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1478" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1479" style="width: 22%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1480" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Remainder of 2024 </td> <td id="new_id-1481" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1482" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1483" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,317</td> <td id="new_id-1484" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2025 </td> <td id="new_id-1485" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1486" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1487" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,844</td> <td id="new_id-1488" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2026 </td> <td id="new_id-1489" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1490" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1491" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,328</td> <td id="new_id-1492" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2027 </td> <td id="new_id-1493" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1494" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1495" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">937</td> <td id="new_id-1496" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> 2028 </td> <td id="new_id-1497" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1498" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1499" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,262</td> <td id="new_id-1500" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Thereafter </td> <td id="new_id-1501" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1502" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1503" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">1,976</td> <td id="new_id-1504" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Total lease payments </td> <td id="new_id-1505" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1506" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1507" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">8,664</td> <td id="new_id-1508" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Less imputed interest </td> <td id="new_id-1509" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1510" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1511" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,380</td> <td id="new_id-1512" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Present value of future lease payments </td> <td id="new_id-1513" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1514" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1515" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">7,284</td> <td id="new_id-1516" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Less current obligations under leases </td> <td id="new_id-1517" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1518" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1519" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(1,766</td> <td id="new_id-1520" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);"> <td style="text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 72%;"> Long-term lease obligations </td> <td id="new_id-1521" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td id="new_id-1522" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0);"> </td> <td id="new_id-1523" style="width: 22%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">5,518</td> <td id="new_id-1524" style="width: 2%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

1317000

1844000

1328000

937000

1262000

1976000

8664000

1380000

7284000

1766000

5518000

P5Y5M4D

P6Y1M24D

0.0623

0.0618

NOTE G – SEGMENT INFORMATION The Company operates under two reportable segments based on the geographic locations of its subsidiaries: <table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;"> <tr> <td style="vertical-align:middle;width:0.8%;"> </td> <td style="vertical-align:top;width:1.1%;"> (1) </td> <td style="vertical-align:top;width:18.5%;"> FEI-NY – operates out of New York and its operations consist principally of precision time and frequency control products used in three principal markets: communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military. The FEI-NY segment also includes the operations of the Company’s wholly owned subsidiary, FEI-Elcom. FEI-Elcom, in addition to its own product line, provides design and technical support for the FEI-NY segment’s communication satellite business. </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;"> <tr> <td style="vertical-align:middle;width:0.8%;"> </td> <td style="vertical-align:top;width:1.1%;"> (2) </td> <td style="vertical-align:top;width:18.5%;"> FEI-Zyfer – operates out of California and its products incorporate Global Positioning System (GPS) technologies into systems and subsystems for secure communications, both government and commercial, and other locator applications. This segment also provides sales and support for the Company’s wireline telecommunications family of products, including US5G, which are sold in the U.S. market. </td> </tr> </table> The Company measures segment performance based on total revenues and profits generated by each geographic location rather than on the specific types of customers or end-users. Consequently, the Company determined that the segments indicated above most appropriately reflect the way the Company’s management views the business. The accounting policies of the two segments are the same as those described in “Note 1. Summary of Accounting Policies” to the consolidated financial statements included in the Form 10-K. The Company evaluates the performance of its segments and allocates resources to them based on operating profit (loss), which is defined as income before investment (expense) income, interest expense, other income (expense), and taxes. All acquired assets, including intangible assets, are included in the assets of the applicable reporting segment. The tables below present information about reported segments with reconciliation of segment amounts to consolidated amounts as reported in the condensed consolidated statements of operations or the consolidated balance sheets for each of the periods (in thousands): <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1525" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1526" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1527" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1528" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1529" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1530" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1531" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1532" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1533" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Revenues: </td> <td id="new_id-1534" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1535" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1536" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1537" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1538" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1539" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1540" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1541" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1542" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1543" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1544" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,490</td> <td id="new_id-1545" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1546" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1547" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1548" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,854</td> <td id="new_id-1549" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1550" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1551" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1552" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,267</td> <td id="new_id-1553" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1554" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1555" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1556" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,732</td> <td id="new_id-1557" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment revenues </td> <td id="new_id-1558" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1559" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1560" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1561" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1562" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1563" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1564" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1565" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated revenues </td> <td id="new_id-1566" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1567" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1568" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1569" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1570" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1571" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1572" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1573" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Operating income (loss): </td> <td id="new_id-1574" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1575" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1576" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1577" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1578" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1579" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1580" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1581" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1582" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1583" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1584" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,481</td> <td id="new_id-1585" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1586" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1587" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1588" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(2,589</td> <td id="new_id-1589" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1590" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1591" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1592" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">678</td> <td id="new_id-1593" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1594" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1595" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1596" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(438</td> <td id="new_id-1597" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment margin </td> <td id="new_id-1598" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1599" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1600" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(61</td> <td id="new_id-1601" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1602" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1603" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1604" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1605" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Corporate </td> <td id="new_id-1606" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1607" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1608" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(38</td> <td id="new_id-1609" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1610" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1611" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1612" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(80</td> <td id="new_id-1613" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated operating income (loss) </td> <td id="new_id-1614" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1615" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1616" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,060</td> <td id="new_id-1617" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1618" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1619" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1620" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(3,107</td> <td id="new_id-1621" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">)</td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1622" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1623" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1624" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1625" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1626" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1627" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Identifiable assets: </td> <td id="new_id-1628" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1629" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1630" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1631" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1632" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1633" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1634" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1635" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1636" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1637" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1638" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">40,371</td> <td id="new_id-1639" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1640" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1641" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1642" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">39,005</td> <td id="new_id-1643" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1644" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1645" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1646" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,288</td> <td id="new_id-1647" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1648" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1649" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1650" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,699</td> <td id="new_id-1651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment balances </td> <td id="new_id-1652" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1654" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(119</td> <td id="new_id-1655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1656" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1658" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(58</td> <td id="new_id-1659" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Corporate </td> <td id="new_id-1660" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1661" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1662" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">23,431</td> <td id="new_id-1663" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1664" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1665" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1666" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">24,850</td> <td id="new_id-1667" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated identifiable assets </td> <td id="new_id-1668" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1669" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1670" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">75,971</td> <td id="new_id-1671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1672" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1673" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1674" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">74,496</td> <td id="new_id-1675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> Total revenue recognized over time as POC and Passage of Title (“POT”) was approximately $11.7 million and $0.7 million, respectively, of the $12.4 million reported for the three months ended July 31, 2023. Total revenue recognized over time as POC and POT was approximately $8.0 million and $0.3 million, respectively, of the $8.2 million reported for the three months ended July 31, 2022. The amounts by segment and product line were as follows (in thousands): <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1676" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="22" id="new_id-1677" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1678" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1679" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-1680" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1681" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1682" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-1683" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1684" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1685" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1686" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POC </td> <td id="new_id-1687" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1688" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1689" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POT </td> <td id="new_id-1690" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1691" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1692" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1693" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1694" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1695" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POC </td> <td id="new_id-1696" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1697" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1698" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POT </td> <td id="new_id-1699" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1700" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1701" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1702" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1704" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Revenue </td> <td id="new_id-1705" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1706" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1707" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1708" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1709" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1710" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1711" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1712" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1713" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Revenue </td> <td id="new_id-1714" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1715" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1716" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1717" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1718" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1719" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1720" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 28%;"> FEI-NY </td> <td id="new_id-1721" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1722" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1723" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">8,675</td> <td id="new_id-1724" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1725" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1726" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1727" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">815</td> <td id="new_id-1728" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1729" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1731" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,490</td> <td id="new_id-1732" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1733" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1734" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1735" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,278</td> <td id="new_id-1736" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1737" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1738" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1739" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">576</td> <td id="new_id-1740" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1741" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1743" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,854</td> <td id="new_id-1744" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1745" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1746" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1747" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,047</td> <td id="new_id-1748" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1749" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1750" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1751" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">220</td> <td id="new_id-1752" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1753" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1754" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1755" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,267</td> <td id="new_id-1756" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1757" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1758" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,674</td> <td id="new_id-1760" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1761" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1762" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">58</td> <td id="new_id-1764" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1765" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1766" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1767" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,732</td> <td id="new_id-1768" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Intersegment </td> <td id="new_id-1769" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1770" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1771" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1772" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1773" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1774" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1775" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1776" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1777" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1778" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1779" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1780" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1781" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1782" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1783" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1784" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1785" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1786" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1787" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1788" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1789" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1790" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1791" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1792" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Revenue </td> <td id="new_id-1793" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1794" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1795" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">11,722</td> <td id="new_id-1796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1798" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1799" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">686</td> <td id="new_id-1800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1801" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1802" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1803" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1804" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1805" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1806" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1807" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,952</td> <td id="new_id-1808" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1809" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1810" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1811" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">252</td> <td id="new_id-1812" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1813" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1814" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1815" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1816" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table> <table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1817" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1818" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1819" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1820" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1821" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1822" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1823" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1824" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1825" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Revenues by product line: </td> <td id="new_id-1826" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1827" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1828" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1829" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1830" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1831" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1832" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1833" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Satellite revenue </td> <td id="new_id-1834" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1836" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,858</td> <td id="new_id-1837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1838" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1840" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,476</td> <td id="new_id-1841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Government non-space revenue </td> <td id="new_id-1842" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1844" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,878</td> <td id="new_id-1845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1846" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1848" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,064</td> <td id="new_id-1849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Other commercial & industrial revenue </td> <td id="new_id-1850" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1852" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">672</td> <td id="new_id-1853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1854" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1855" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1856" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">664</td> <td id="new_id-1857" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated revenues </td> <td id="new_id-1858" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1859" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1860" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1861" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1862" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1863" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1864" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1865" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

The tables below present information about reported segments with reconciliation of segment amounts to consolidated amounts as reported in the condensed consolidated statements of operations or the consolidated balance sheets for each of the periods (in thousands):<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1525" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1526" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1527" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1528" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1529" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1530" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1531" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1532" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1533" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Revenues: </td> <td id="new_id-1534" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1535" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1536" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1537" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1538" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1539" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1540" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1541" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1542" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1543" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1544" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,490</td> <td id="new_id-1545" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1546" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1547" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1548" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,854</td> <td id="new_id-1549" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1550" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1551" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1552" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,267</td> <td id="new_id-1553" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1554" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1555" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1556" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,732</td> <td id="new_id-1557" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment revenues </td> <td id="new_id-1558" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1559" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1560" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1561" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1562" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1563" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1564" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1565" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated revenues </td> <td id="new_id-1566" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1567" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1568" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1569" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1570" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1571" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1572" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1573" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

9490000

6854000

3267000

1732000

-349000

-382000

12408000

8204000

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Operating income (loss): </td> <td id="new_id-1574" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1575" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1576" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1577" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1578" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1579" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1580" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1581" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1582" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1583" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1584" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,481</td> <td id="new_id-1585" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1586" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1587" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1588" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(2,589</td> <td id="new_id-1589" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1590" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1591" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1592" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">678</td> <td id="new_id-1593" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1594" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1595" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1596" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(438</td> <td id="new_id-1597" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment margin </td> <td id="new_id-1598" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1599" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1600" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(61</td> <td id="new_id-1601" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1602" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1603" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1604" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">-</td> <td id="new_id-1605" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Corporate </td> <td id="new_id-1606" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1607" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1608" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(38</td> <td id="new_id-1609" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1610" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1611" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1612" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(80</td> <td id="new_id-1613" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated operating income (loss) </td> <td id="new_id-1614" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1615" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1616" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">2,060</td> <td id="new_id-1617" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1618" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1619" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1620" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">(3,107</td> <td id="new_id-1621" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 3px; white-space: nowrap;">)</td> </tr> </table>

1481000

-2589000

678000

-438000

-61000

-38000

-80000

2060000

-3107000

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1622" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1623" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> July 31, 2023 </td> <td id="new_id-1624" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1625" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1626" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> April 30, 2023 </td> <td id="new_id-1627" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Identifiable assets: </td> <td id="new_id-1628" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1629" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1630" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1631" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1632" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1633" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1634" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1635" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-NY </td> <td id="new_id-1636" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1637" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1638" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">40,371</td> <td id="new_id-1639" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1640" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1641" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1642" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">39,005</td> <td id="new_id-1643" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1644" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1645" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1646" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">12,288</td> <td id="new_id-1647" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1648" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1649" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1650" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">10,699</td> <td id="new_id-1651" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> less intersegment balances </td> <td id="new_id-1652" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1653" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1654" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(119</td> <td id="new_id-1655" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> <td id="new_id-1656" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1657" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1658" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">(58</td> <td id="new_id-1659" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Corporate </td> <td id="new_id-1660" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1661" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1662" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">23,431</td> <td id="new_id-1663" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1664" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1665" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1666" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">24,850</td> <td id="new_id-1667" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated identifiable assets </td> <td id="new_id-1668" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1669" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1670" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">75,971</td> <td id="new_id-1671" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1672" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1673" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1674" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">74,496</td> <td id="new_id-1675" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

40371000

39005000

12288000

10699000

-119000

-58000

23431000

24850000

75971000

74496000

11700000

700000

12400000

8000000

300000

8200000

The amounts by segment and product line were as follows (in thousands):<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1676" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="22" id="new_id-1677" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1678" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1679" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-1680" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1681" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1682" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="10" id="new_id-1683" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1684" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1685" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1686" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POC </td> <td id="new_id-1687" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1688" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1689" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POT </td> <td id="new_id-1690" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1691" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1692" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1693" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1694" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1695" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POC </td> <td id="new_id-1696" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1697" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1698" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> POT </td> <td id="new_id-1699" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1700" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1701" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Total </td> <td id="new_id-1702" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1703" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1704" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Revenue </td> <td id="new_id-1705" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1706" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1707" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1708" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1709" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1710" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1711" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1712" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1713" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Revenue </td> <td id="new_id-1714" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1715" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1716" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1717" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1718" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1719" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">Revenue </td> <td id="new_id-1720" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 28%;"> FEI-NY </td> <td id="new_id-1721" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1722" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1723" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">8,675</td> <td id="new_id-1724" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1725" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1726" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1727" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">815</td> <td id="new_id-1728" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1729" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1730" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1731" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">9,490</td> <td id="new_id-1732" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1733" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1734" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1735" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,278</td> <td id="new_id-1736" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1737" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1738" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1739" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">576</td> <td id="new_id-1740" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1741" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1742" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1743" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,854</td> <td id="new_id-1744" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> FEI-Zyfer </td> <td id="new_id-1745" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1746" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1747" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,047</td> <td id="new_id-1748" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1749" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1750" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1751" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">220</td> <td id="new_id-1752" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1753" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1754" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1755" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,267</td> <td id="new_id-1756" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1757" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1758" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1759" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,674</td> <td id="new_id-1760" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1761" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1762" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1763" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">58</td> <td id="new_id-1764" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1765" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1766" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1767" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">1,732</td> <td id="new_id-1768" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Intersegment </td> <td id="new_id-1769" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1770" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1771" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1772" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1773" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1774" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1775" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1776" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1777" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1778" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1779" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(349</td> <td id="new_id-1780" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1781" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1782" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1783" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">-</td> <td id="new_id-1784" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1785" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1786" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1787" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1788" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> <td id="new_id-1789" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1790" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1791" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">(382</td> <td id="new_id-1792" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; padding-bottom: 1px; white-space: nowrap;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Revenue </td> <td id="new_id-1793" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1794" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1795" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">11,722</td> <td id="new_id-1796" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1797" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1798" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1799" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">686</td> <td id="new_id-1800" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1801" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1802" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1803" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1804" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1805" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1806" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1807" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">7,952</td> <td id="new_id-1808" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1809" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1810" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1811" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">252</td> <td id="new_id-1812" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1813" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1814" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1815" style="width: 9%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1816" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

8675000

815000

9490000

6278000

576000

6854000

3047000

220000

3267000

1674000

58000

1732000

-349000

-382000

11722000

686000

12408000

7952000

252000

8204000

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman"; text-indent: 0px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1817" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="6" id="new_id-1818" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> Three Months Ended July 31, </td> <td id="new_id-1819" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1820" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1821" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2023 </td> <td id="new_id-1822" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> <td id="new_id-1823" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td colspan="2" id="new_id-1824" style="text-align: center; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> 2022 </td> <td id="new_id-1825" style="font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; width: 62%;"> Revenues by product line: </td> <td id="new_id-1826" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1827" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1828" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1829" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1830" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1831" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1832" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1833" style="font-family: "Times New Roman"; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Satellite revenue </td> <td id="new_id-1834" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1835" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1836" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,858</td> <td id="new_id-1837" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1838" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1839" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">$</td> <td id="new_id-1840" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">3,476</td> <td id="new_id-1841" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Government non-space revenue </td> <td id="new_id-1842" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1843" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1844" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">6,878</td> <td id="new_id-1845" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1846" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1847" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1848" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;">4,064</td> <td id="new_id-1849" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Other commercial & industrial revenue </td> <td id="new_id-1850" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1851" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1852" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">672</td> <td id="new_id-1853" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1854" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1855" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td id="new_id-1856" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">664</td> <td id="new_id-1857" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt;"> Consolidated revenues </td> <td id="new_id-1858" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1859" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1860" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">12,408</td> <td id="new_id-1861" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> <td id="new_id-1862" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt;"> </td> <td id="new_id-1863" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td id="new_id-1864" style="width: 16%; text-align: right; font-family: "Times New Roman"; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">8,204</td> <td id="new_id-1865" style="width: 1%; font-family: "Times New Roman"; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt; white-space: nowrap;"> </td> </tr> </table>

4858000

3476000

6878000

4064000

672000

664000

12408000

8204000

NOTE H – INVESTMENT IN MORION, INC. The Company has an investment in Morion, Inc. (“Morion”), a privately held Russian company, which manufactures high precision quartz resonators and crystal oscillators. The Company has also licensed certain technology to Morion. During the three months ended July 31, 2023 and 2022, the Company did not acquire any product from Morion. During the three months ended July 31, 2023 and 2022, the Company did not receive dividends from Morion, The Company’s investment consists of 4.6% of Morion’s outstanding shares, accordingly, the Company accounts for its investment in Morion on the cost basis. Morion is a less than wholly owned subsidiary of Gazprombank, a state-owned Russian bank. The U.S. Ukraine-related sanctions regime has since 2014 included a list of sectoral sanctions identifications (“SSI”) pursuant to Executive Order 13662, which prohibits certain transactions, including certain extensions of credit, with an entity designated as an SSI or certain affiliates of an entity designated as an SSI. On July 16, 2014, after the Company’s investment in Morion, Gazprombank was designated as an SSI. Due to the current Russia-Ukraine conflict and resulting sanctions, the future status of the Company’s equity investment in Morion is uncertain. In response to these conditions, in connection with the preparation of the audited financial statements included in the Form 10-K for the fiscal year ended April 30, 2022, as amended, the Company impaired its investment in Morion in full. The likelihood of future sales to, purchases from, and dividend payments from Morion is remote.

0.046

NOTE I – RECENT ACCOUNTING PRONOUNCEMENTS In January 2017, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”), which simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Under ASU 2017-04, goodwill impairment will be tested by comparing the fair value of a reporting unit with its carrying amount, and recognizing an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The new guidance must be applied on a prospective basis and is effective for periods beginning after December 15, 2022, with early adoption permitted. ASU 2017-04 was adopted, effective May 1, 2023, with no material impact to the consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The new guidance is effective for fiscal years beginning after December 15, 2022. ASU 2016-13 was adopted, effective May 1, 2023, with no material impact to the consolidated financial statements.

NOTE J – CREDIT FACILITY As of July 31, 2023, the Company had no borrowings pursuant to a credit facility. As of April 30, 2023, the Company retired its advisory credit arrangement with UBS Bank USA. Prior to retiring the advisory credit arrangement, no borrowings were made during fiscal 2023.

NOTE K – DEFERRED INCOME TAXES Deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, which will result in taxable or deductible amounts in the future. As required by the authoritative guidance on accounting for income taxes, we evaluate the realization of deferred tax assets on a jurisdictional basis at each reporting date. We consider all positive and negative evidence, including the reversal of deferred tax liabilities, projected future taxable income, tax planning strategies, and results of recent operations. Accounting for income taxes requires that a valuation allowance be established when it is more likely than not that all or a portion of the deferred tax assets will not be realized. In circumstances where there is sufficient negative evidence indicating that the deferred tax assets will not be realizable, we establish a valuation allowance. As of July 31, 2023, and April 30, 2023, the Company maintained a full valuation allowance against its deferred tax assets. If these estimates and assumptions change in the future, the Company may be required to adjust its existing valuation allowance resulting in changes to deferred income tax expense.

false --04-30 Q1 2024 0000039020 For the three months ended July 31, 2023 and 2022, dilutive securities are excluded from the calculation of earnings per share since the inclusion of such shares would be antidilutive. The exercisable shares excluded for the three months ended July 31, 2023 and 2022 were 155,000 options and 357,125 options, respectively.