0001808997-26-000031 | 10-K | XBRL Viewer | American Outdoor Brands INC

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Segment Reporting (Details)	12 Months Ended
Segment Reporting (Details)	Apr. 30, 2026 segment
Segment Reporting [Abstract]
Number of operating segments	1

Equity

12 Months Ended

Apr. 30, 2026

Equity [Abstract]

Equity

Treasury Stock

On October 2, 2023, our Board of Directors authorized the repurchase of up to $10.0 million of our common stock, subject to certain conditions, in the open market, in block purchases, or in privately negotiated transactions. This authorization expired on September 30, 2024. On September 25, 2024, our Board of Directors approved a program to purchase of up to $10.0 million of our common stock, subject to certain conditions, in the open market, in block purchases, or in privately negotiated transactions. This authorization expired on September 30, 2025. On September 30, 2025, our Board of Directors approved a program to purchase up to $10.0 million of our common stock, subject to certain conditions, in the open market, in block purchases, or in privately negotiated transactions, commencing on October 1, 2025 and executable through September 30, 2026. During the years ended April 30, 2026 and 2025, under these authorizations, we repurchased a total of 551,283 and 374,446 shares, respectively, of our common stock for $5.1 million and $3.8 million, respectively, utilizing cash on hand. As of April 30, 2026, we have $8.1 million of available funds to repurchase our common stock under the current authorization.

Incentive Stock and Employee Stock Purchase Plans

We have a stock incentive plan, or 2020 Incentive Compensation Plan, under which we can grant new awards to our employees and directors. Our 2020 Incentive Compensation Plan authorizes the issuance of awards covering up to 1,397,510 shares of newly issued common stock, plus the lesser of (i) 2% of the number of shares outstanding as of the end of each of our fiscal years or (ii) such lesser number of shares as the Compensation Committee may determine. The plan permits the grant of options to acquire common stock, restricted stock awards, restricted stock units, or RSUs, stock appreciation rights, bonus stock and awards in lieu of obligations, performance awards, and dividend equivalents. Our Board of Directors, or a committee established by our Board of Directors, administers the plan, selects recipients to whom awards are granted, and determines the grants to be awarded. Stock options granted under the plan are exercisable at a price determined by our Board of Directors or a committee thereof at the time of grant, but in no event, less than fair market value of our common stock on the date granted. Grants of options may be made to employees and directors without regard to any performance measures. All options issued pursuant to the plan are generally nontransferable and subject to forfeiture.

Unless terminated earlier by our Board of Directors, our 2020 Incentive Compensation Plan will terminate at the earliest of (1) the tenth anniversary of the effective date of our 2020 Incentive Compensation Plan, or (2) such time as 0 shares of common stock remain available for issuance under the plan and we have no further rights or obligations with respect to outstanding awards under the plan. The date of grant of an award is deemed to be the date upon which our Board of Directors or a committee thereof authorizes the granting of such award.

Except in specific circumstances, grants generally vest over a period of three or four years for our executive officers and employees and vest monthly for our directors. We have not granted any stock options, however, grants of stock options are exercisable for a period of 10 years. Our 2020 Incentive Compensation Plan also permits the grant of awards to non-employees.

We recognized $3.1 million, $3.5 million, and $4.1 million, respectively, of stock-based compensation expense for the fiscal years ended April 30, 2026, 2025, and 2024.

We grant RSUs to employees and directors. The awards are made at no cost to the recipient. An RSU represents the right to receive one share of our common stock and does not carry voting or dividend rights. Except in specific circumstances, RSU grants to employees generally vest over a period of four years with one-fourth of the units vesting on each anniversary of the grant date. RSU grants to directors generally vest over a 12 month period with one-twelve of the units vesting on each monthly anniversary of the grant date. We amortize the aggregate fair value of our RSU grants to compensation expense over the vesting period. Awards that do not vest are forfeited.

We grant PSUs to our executive officers and certain other employees from time to time. We granted PSUs to our executive officers in fiscal 2026 that include internal performance metrics and removed the calculation of the relative performance of our common stock against the Russell 2000, or RUT over the approximately three-year period. These PSUs are earned and vest based on two internal performance metrics that include 1) a three-year average return on invested capital, or ROIC, and 2) a three-year cumulative Adjusted EBITDA. The grant date fair value of the fiscal 2026 awards was estimated using the closing share price of our common stock on the date of grant. The total quantity of PSUs eligible to vest under these awards range from zero to 200% of the target based on actual average ROIC and cumulative Adjusted EBITDA performance during the performance period. As such, the fiscal 2026 awards are subject to performance conditions and compensation cost is recognized over the service period based on the amount of awards that we believe is probable that will vest. To the extent we estimate changes, we will recognize a cumulative catch up in subsequent reporting periods. We assess the likelihood of achieving these performance conditions each quarter and adjust compensation expense accordingly.

For PSUs granted to our executive officers in the prior fiscal year, we calculated the fair value of our PSUs using the Monte-Carlo simulation. We incorporated the following variables into the valuation model for the periods ended April 30, 2025 and April 30, 2024 (awards in our prior fiscal years):


	For the years ended April 30,
		2025			2024
Grant date fair market value
American Outdoor Brands, Inc.		$	7.89		$	8.79
Russell 2000 Index		$	1,980.23		$	1,769.21
Volatility (a)
American Outdoor Brands, Inc.		48.15		%	45.53		%
Russell 2000 Index		22.98		%	27.08		%
Correlation coefficient (b)		0.36			0.48
Risk-free interest rate (c)		4.73		%	3.81		%
Dividend yield (d)		0		%	0		%

_____________________________________________________________________

(a)Expected volatility is calculated based on a peer group over the most recent period that represents the remaining term of the performance period as of the valuation date, or three years.

(b)The correlation coefficient utilizes the same historical price data used to develop the volatility assumptions.

(c)The risk-free interest rate is based on the yield of a zero-coupon U.S. Treasury bill, commensurate with the three-year performance period.

(d)We do not expect to pay dividends in the foreseeable future.

The PSUs granted in the prior fiscal year vest, and the fair value of such PSUs will be recognized, over the corresponding three-year performance period. Our PSUs have a maximum aggregate award equal to 200% of the target unit amount granted. Generally, the number of PSUs that may be earned depends upon the total stockholder return, or TSR, of our common stock compared with the TSR of the Russell 2000 Index, or the RUT, over the three-year performance period. For PSUs, our stock must outperform the RUT by 5% in order for the target award to vest. In addition, there is a cap on the number of shares that can be earned under our PSUs, which is equal to six times the grant-date value of each award.

During the fiscal year ended April 30, 2026, we granted an aggregate 227,413 service based RSUs, including 79,729 RSUs to executive officers and 147,648 to non-executive officer employees and directors under our 2020 Incentive Compensation Plan. We granted an aggregate of 79,729 PSUs to our executive officers during fiscal 2026, which have a

maximum aggregate award value of 159,458 shares. In addition, in connection with a 2022 grant, we vested 52,277 market-condition PSUs (i.e., the target amount granted), which achieved 200% of the maximum aggregate award possible, resulting in awards totaling 104,554 shared to certain of our executive officers during fiscal 2026. During the fiscal year ended April 30, 2026, 12,663 RSUs were cancelled as a result of the service condition not being met. In connection with the vesting of RSUs and PSUs, during the fiscal year ended April 30, 2026, we delivered common stock to our employees, including our executive officers and directors with a total market value of $3.5 million.

During the fiscal year ended April 30, 2025, we granted an aggregate of 278,764 service based RSUs, including 98,412 RSUs to executive officers and 180,352 RSUs to non-executive officer employees and directors under our 2020 Incentive Compensation Plan. We granted an aggregate of 98,412 PSUs to our executive officers during fiscal 2025, which have a maximum aggregate award value of 152,502 shares. During the fiscal year ended April 30, 2025, 23,987 PSUs were cancelled, at target, as the result of the performance condition not being met, and 26,270 RSUs as a result of the service condition not being met. In connection with the vesting RSUs, during the fiscal year ended April 30, 2025, we delivered common stock to our employees, including executive officers and directors, with a total market value of $2.2 million.

During the fiscal year ended April 30, 2024, we granted an aggregate of 319,847 service based RSUs, including 103,475 RSUs to executive officers and 216,372 RSUs to non-executive officer employees and directors under our 2020 Incentive Compensation Plan. We granted an aggregate of 76,251 PSUs to our executive officers during fiscal 2024, which have a maximum aggregate award value of 152,502 shares. In addition, in connection with a 2018 grant, we vested 94,354 PSUs (i.e., the target amount granted), which achieved 200% of the maximum aggregate award possible, resulting in awards totaling — shares to certain of our executive officers and other employees. During the fiscal year ended April 30, 2024, we cancelled 25,594 RSUs as a result of the service condition not being met. In connection with the vesting RSUs, during the fiscal year ended April 30, 2024, we delivered common stock to our employees, including executive officers and directors, with a total market value of $1.6 million.

A summary of activity for unvested RSUs and PSUs under our 2020 Incentive Compensation Plan for the fiscal years ended April 30, 2026, 2025, and 2024 is as follows:


	For the years ended April 30,
	2026			2025			2024
	Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value		Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value		Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value
RSUs and PSUs outstanding, beginning of period	700,953	$	9.48	624,093	$	11.27	560,579	$	13.36
Awarded	359,419	10.83		377,176	8.40		396,098	8.69
Vested	(332,455)	11.04		(250,059)	10.43		(212,636)	11.31
Forfeited	(12,663)	9.39		(50,257)	19.19		(119,948)	12.46
RSUs and PSUs outstanding, end of period	715,254	$	9.44	700,953	$	9.48	624,093	$	11.27

As of April 30, 2026, there was $1.4 million of unrecognized compensation expense related to unvested RSUs and PSUs. We expect to recognize this expense over a weighted average remaining contractual term of 1.0 years.

We have an employee stock purchase plan, or ESPP, which authorizes the sale of up to 419,253 shares of our common stock to employees, plus the lesser of (i) 1% of the number of shares of our common stock outstanding as of the end of each of our fiscal years or (ii) such number of shares as determined by our Board of Directors or a Board committee designated by our Board of Directors. All options and rights to participate in our ESPP are nontransferable and subject to forfeiture in accordance with our ESPP guidelines. Our current ESPP will be implemented in a series of successive offering periods, each with a maximum duration of 12 months. If the fair market value per share of our common stock on any purchase date is less than the fair market value per share on the start date of a 12-month offering period, then that offering period will automatically terminate, and a new 12-month offering period will begin on the next business day. Each offering period will begin on April 1 or October 1, as applicable, immediately following the end of the previous offering period. Payroll deductions will be on an after-tax basis, in an amount of not less than 1% and not more than 20% (or such greater percentage as the committee appointed to administer our ESPP may establish from time to time before the first day of an offering period) of a participant’s compensation on each payroll date. The option exercise price per share will equal 85% of the lower of the fair market value on the first day of the offering period or the fair market value on the exercise date. The

maximum number of shares that a participant may purchase during any purchase period is the greater of 2,500 shares, or a total of $25,000 in shares, based on the fair market value on the first day of the offering period. Our ESPP will remain in effect until the earliest of (a) the exercise date that participants become entitled to purchase a number of shares greater than the number of reserved shares available for purchase under our ESPP, (b) such date as is determined by our Board of Directors in its discretion, or (c) the tenth anniversary of the effective date. In the event of certain corporate transactions, each option outstanding under our ESPP will be assumed or an equivalent option will be substituted by the successor corporation or a parent or subsidiary of such successor corporation. During fiscal years ended April 30, 2026 and 2025, 85,057 shares and 85,606 shares, respectively, were purchased by our employees under our ESPP.

We measure the cost of employee services received in exchange for an award of an equity instrument based on the grant-date fair value of the award. We amortize the fair value of the award over the vesting period of the option. Under the ESPP, fair value is determined at the beginning of the purchase period and amortized over the term of each exercise period.

The following assumptions were used in valuing ESPP purchases under our ESPP during the years ended April 30, 2026, 2025, and 2024:


	For the years ended April 30,
	2026		2025		2024
Risk-free interest rate	3.72% -3.80%		4.23	%	5.46% - 5.53%
Expected term	6 months		6 months		6 months - 12 months
Expected volatility	44.7% - 61.1%		60.7	%	43.2% - 48.9%
Dividend yield	0	%	0	%	0	%

The fair value of each stock option or ESPP purchase was estimated on the date of the grant using the Black-Scholes option pricing model (using the risk-free interest rate, expected term, expected volatility, and dividend yield variables, as noted in the above table).

Property, Plant, and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Property Plant And Equipment [Line Items]
Depreciation	$ 3,900	$ 3,500	$ 3,000
Property, plant, and equipment, net	9,327	11,231
United States
Property Plant And Equipment [Line Items]
Property, plant, and equipment, net	5,500	6,400
Asia
Property Plant And Equipment [Line Items]
Property, plant, and equipment, net	$ 3,800	$ 4,800

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Amount, after accumulated depreciation, depletion, and amortization, of property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Income Statement [Abstract]
Net sales	$ 190,536	$ 222,322	$ 201,099
Cost of sales	105,342	123,058	112,673
Gross profit	85,194	99,264	88,426
Operating expenses:
Research and development	6,087	7,710	6,851
Selling, marketing, and distribution	51,748	55,563	55,050
General and administrative	32,926	36,145	39,022
Impairment of assets held for sale	3,433	0	0
Total operating expenses	94,194	99,418	100,923
Operating loss	(9,000)	(154)	(12,497)
Other income/(expense), net:
Other income, net	113	140	140
Interest (expense)/income, net	(276)	60	39
Total other (expense)/income, net	(163)	200	179
(Loss)/income from operations before income taxes	(9,163)	46	(12,318)
Income tax expense/(benefit)	45	123	(70)
Net loss	$ (9,208)	$ (77)	$ (12,248)
Net loss per share:
Basic (in dollars per share)	$ (0.73)	$ (0.01)	$ (0.94)
Diluted (in dollars per share)	$ (0.73)	$ (0.01)	$ (0.94)
Weighted average number of common shares outstanding:
Basic (in shares)	12,587	12,806	12,967
Diluted (in shares)	12,587	12,806	12,967

Inventory - Schedule of Inventories (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Inventory Disclosure [Abstract]
Finished goods	$ 85,223	$ 96,105
Finished parts	1,624	2,680
Work in process	107	306
Raw material	4,935	5,626
Total inventories	$ 91,889	$ 104,717

Other Current Assets	12 Months Ended
Other Current Assets	Apr. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets	Other Current AssetsDuring the year ended April 30, 2026, we submitted claims seeking refunds of certain IEEPA tariffs previously paid. Based on our assessment of the Supreme Court ruling, subsequent legal and administrative developments, and the status of our claim, we concluded that recovery of a portion of such tariffs was probable and reasonably estimable. Accordingly, we recorded a receivable of $15.2 million as of April 30, 2026. The ultimate amount and timing of any recoveries remain subject to governmental review, administrative processing, and potential future legal and regulatory developments. Actual recoveries may differ from the amounts currently recorded. Other current assets also includes inventory deposits and other receivable balances as of April 30, 2026 and 2025, respectively.

Accrued Expenses (Tables)

12 Months Ended

Apr. 30, 2026

Payables and Accruals [Abstract]

Schedule of Accrued Expenses

The following table sets forth other accrued expenses as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Accrued freight, tariff, and duty	$	5,114	$	6,379
Accrued professional fees	1,899		1,065
Accrued commissions	1,628		1,694
Accrued sales allowances	1,504		1,865
Accrued warranty	1,337		1,392
Accrued other	748		553
Accrued taxes other than income	503		563
Accrued employee benefits	480		362
Total accrued expenses	$	13,212	$	13,872

Property, Plant, and Equipment - Schedule of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Property Plant And Equipment [Line Items]
Less: Accumulated depreciation and amortization	$ (19,285)	$ (16,962)
Total property, plant, and equipment, net	9,327	11,231
Depreciable property, plant and equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	28,540	28,068
Total property, plant, and equipment, net	9,256	11,106
Machinery and equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	24,201	24,087
Computer and other equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	2,489	2,228
Leasehold improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	1,850	1,753
Construction in progress
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 71	$ 125

- Definition

Amount of accumulated depreciation, depletion, and amortization of property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

Debt (Details) - USD ($)				12 Months Ended
Debt (Details) - USD ($)	Mar. 10, 2026	Mar. 25, 2022	Aug. 24, 2020	Apr. 30, 2026	Apr. 30, 2025
Revolving Line of Credit
Debt Instrument [Line Items]
Revolving line of credit, borrowing capacity		$ 75,000,000	$ 50,000,000.0
Revolving line of credit maturing term (in years)			5 years
Additional increase in credit commitment			$ 15,000,000
Line of credit facility, accordion feature, increase limit		$ 15,000,000
Amortization of deferred financing costs	$ 258,000,000
Revolving line of credit				$ 0	$ 0
Borrowings interest rate (as a percent)				5.16%
Amounts drawn				$ 9,100,000
Repayment of debt				9,100,000
Revolving Line of Credit \| Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate margin (as a percent)		0.25%
Revolving Line of Credit \| Maximum
Debt Instrument [Line Items]
Debt instrument, variable rate margin (as a percent)		1.75%
Standby Letter of Credit
Debt Instrument [Line Items]
Revolving line of credit, borrowing capacity				7,800,000	1,700,000
Amounts drawn				$ 0	$ 0

Subsequent Events	12 Months Ended
Subsequent Events	Apr. 30, 2026
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Subsequent to April 30, 2026, we received $2.9 million in cash related to its previously recorded IEEPA tariff refund receivable. The receipt represented a portion of our total refund claim and was recorded as a reduction of the related refund receivable. In addition, we also received an immaterial amount of interest associated with the refund payment. We accounted for the underlying tariff refund claim as a recovery of previously paid tariff amounts. However, any interest associated with the refund represents an amount in excess of previously remitted tariffs and therefore is not considered a recovery of previously incurred costs. Accordingly, we evaluate potential interest recoveries and record interest as a gain contingency in accordance with ASC 450-30, Contingencies—Gain Contingencies. We did not recognize any receivable related to potential interest as of April 30, 2026 because realization of such amounts had not occurred and the amount was not reasonably determinable. Interest income, if any, is recorded and recognized when realized or realizable.

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Total definite-lived intangible assets
Gross Carrying Amount	$ 178,463	$ 189,807
Accumulated Amortization	(155,367)	(158,827)
Net Carrying Amount	23,097	30,981
Indefinite-lived intangible assets	430	430
Total intangible assets
Gross Carrying Amount	178,894	190,237
Accumulated Amortization	(155,367)	(158,827)
Net Carrying Amount	23,527	31,411
Definite-lived Intangible Assets Excluding Patents in Progress
Total definite-lived intangible assets
Gross Carrying Amount	176,239	188,195
Accumulated Amortization	(155,367)	(158,827)
Net Carrying Amount	20,872	29,368
Total intangible assets
Accumulated Amortization	(155,367)	(158,827)
Customer relationships
Total definite-lived intangible assets
Gross Carrying Amount	77,380	89,980
Accumulated Amortization	(73,516)	(82,623)
Net Carrying Amount	3,864	7,357
Total intangible assets
Accumulated Amortization	(73,516)	(82,623)
Developed software and technology
Total definite-lived intangible assets
Gross Carrying Amount	28,354	28,155
Accumulated Amortization	(24,076)	(22,238)
Net Carrying Amount	4,278	5,917
Total intangible assets
Accumulated Amortization	(24,076)	(22,238)
Patents, trademarks, and trade names
Total definite-lived intangible assets
Gross Carrying Amount	70,504	70,060
Accumulated Amortization	(57,775)	(53,966)
Net Carrying Amount	12,730	16,094
Total intangible assets
Accumulated Amortization	(57,775)	(53,966)
Patents and software in development
Total definite-lived intangible assets
Gross Carrying Amount	2,225	1,612
Accumulated Amortization	0	0
Net Carrying Amount	2,225	1,612
Total intangible assets
Accumulated Amortization	$ 0	$ 0

Intangible Assets - Schedule of Future Expected Amortization Expense (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Intangible Asset, Finite-Lived [Line Items]
Net Carrying Amount	$ 23,097	$ 30,981
Definite Lived Intangible Assets Excluding Patent In Progress
Intangible Asset, Finite-Lived [Line Items]
2027	5,859
2028	4,482
2029	3,048
2030	2,307
2031	1,449
Thereafter	3,727
Net Carrying Amount	$ 20,872

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
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-Name Accounting Standards Codification
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+ Details

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Disaggregation of Revenue [Line Items]
Advertising expense	$ 9,600	$ 10,900	$ 11,100
Shares excluded from computation of diluted earnings per share (in shares)	0	0	0
Net sales	$ 190,536	$ 222,322	$ 201,099
Accounts receivable	$ 29,233	$ 39,337
Revenue from Contract with Customer Benchmark \| Customer Concentration Risk \| Customer One
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	18.30%	20.30%	22.10%
Net sales	$ 34,800	$ 45,000	$ 44,300
Accounts Receivable \| Credit Concentration Risk \| Customer One
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	20.80%	14.60%
Accounts receivable	$ 6,100	$ 5,800
Accounts Receivable \| Credit Concentration Risk \| Customer Two
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	12.90%	13.10%
Accounts receivable	$ 3,800	$ 5,200
Accounts Receivable \| Credit Concentration Risk \| Customer Three
Disaggregation of Revenue [Line Items]
Concentration risk, percentage		11.10%
Accounts receivable		$ 4,400
Cost of Sales \| Supplier Concentration Risk \| Two Inventory Suppliers
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	10.00%
Cost of Sales \| Supplier Concentration Risk \| Three Inventory Suppliers
Disaggregation of Revenue [Line Items]
Concentration risk, percentage		10.00%
International
Disaggregation of Revenue [Line Items]
Net sales	$ 10,625	$ 14,488	$ 12,072
International \| Revenue from Contract with Customer Benchmark \| Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	6.00%	7.00%	6.00%
Maximum
Disaggregation of Revenue [Line Items]
Payment terms (in days)	90 days
Awards granted, vesting period (in years)	4 years
Maximum \| Machinery and equipment
Disaggregation of Revenue [Line Items]
Useful Life	10 years
Maximum \| Real estate
Disaggregation of Revenue [Line Items]
Lease initial term	18 years
Maximum \| Equipment
Disaggregation of Revenue [Line Items]
Lease initial term	10 years
Minimum
Disaggregation of Revenue [Line Items]
Payment terms (in days)	20 days
Awards granted, vesting period (in years)	3 years
Minimum \| Machinery and equipment
Disaggregation of Revenue [Line Items]
Useful Life	2 years
Minimum \| Real estate
Disaggregation of Revenue [Line Items]
Lease initial term	1 year
Minimum \| Equipment
Disaggregation of Revenue [Line Items]
Lease initial term	1 year

Leases - Schedule of Future Lease Payments for Operating Leases (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Leases [Abstract]
2027	$ 3,461
2028	3,510
2029	3,534
2030	3,572
2031	3,534
Thereafter	28,927
Total future lease payments	46,538
Less amounts representing interest	(14,155)
Total operating lease liabilities	32,383	$ 33,284
Less current maturities of lease liabilities	(1,569)	(1,336)
Long-term maturities of lease liabilities	$ 30,814	$ 31,949

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2026

Accounting Policies [Abstract]

Schedule of Useful Lives of Property, Plant and Equipment

A summary of the estimated useful lives is as follows:


Description						Useful Life
Machinery and equipment						2 to 10 years
Computer and other equipment						2 to 7 years
Leasehold improvements						10 to 20 years

The following table summarizes property, plant, and equipment as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Machinery and equipment	$	24,201	$	24,087
Computer and other equipment	2,489		2,228
Leasehold improvements	1,850		1,753
	28,540		28,068
Less: Accumulated depreciation and amortization	(19,285)		(16,962)
	9,256		11,106
Construction in progress	71		125
Total property, plant, and equipment, net	$	9,327	$	11,231

Schedule of Trade Channel Net Sales

The following table sets forth certain information regarding trade channel net sales for the fiscal years ended April 30, 2026, 2025, and 2024 (dollars in thousands):


	2026		2025		$ Change		% Change		2024
e-commerce channels	$	71,216	$	84,391	$	(13,175)	(15.6)	%	$	84,313
Traditional channels	119,320		137,931		(18,612)		(13.5)	%	116,786
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099

Schedule of Geographic Makeup of Net Sales

The following table sets forth certain information regarding geographic makeup of net sales included in the above table for the fiscal years ended April 30, 2026, 2025, and 2024 (dollars in thousands):


	2026		2025		$ Change		% Change		2024
Domestic	$	179,911	$	207,834	$	(27,923)	(13.4)	%	$	189,027
International	10,625		14,488		(3,863)		(26.7)	%	12,072
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099

The following table sets forth the breakdown of international net sales included in the above table by region. Our international sales accounted for approximately 6%, 7%, and 6% of total net sales for the fiscal years ended April 30, 2026, 2025, and 2024, respectively (dollars in thousands):


	2026		2025		$ Change		% Change		2024
Canada	$	5,538	$	6,282	$	(744)	(11.8)	%	$	5,111
Europe	3,261		5,394		(2,133)		(39.5)	%	4,337
All others international	1,825		2,812		(987)		(35.1)	%	2,624
Total international net sales	$	10,625	$	14,488	$	(3,863)	(26.7)	%	$	12,072

Schedule of Net Sales in Product Categories

The following table sets forth certain information regarding net sales in our shooting sports and outdoor lifestyle categories for the fiscal years ended April 30, 2026, 2025, and 2024 (dollars in thousands):


	2026		2025		$ Change		% Change		2024
Shooting sports	$	80,054	$	95,200	$	(15,146)	(15.9)	%	$	91,716
Outdoor lifestyle	110,482		127,122		(16,640)		(13.1)	%	109,383
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099

Schedule of Change in Accrued Warranties

The following table sets forth the change in accrued warranties, a portion of which is recorded as a non-current liability, in the fiscal years ended April 30, 2026, 2025, and 2024 (in thousands):


	April 30, 2026		April 30, 2025	April 30, 2024
Beginning balance	$	1,392	1,243	966
Warranties issued and adjustments to provisions	1,207		1,853	1,569

Warranty claims	(1,262)		(1,704)	(1,292)
Ending balance	$	1,337	1,392	1,243

Income Taxes - Schedule of Deferred Tax Assets (Liabilities) Related to Temporary Differences (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Income Tax Disclosure [Abstract]
Inventories	$ 1,380	$ 1,321
Accrued expenses, including compensation	1,189	2,261
Workers' compensation	0	13
Warranty reserve	309	322
Stock-based compensation	956	991
State bonus depreciation	34	56
Property, plant, and equipment	(1,438)	(1,974)
Intangible assets	10,056	11,059
Right-of Use assets	(7,145)	(7,401)
Right-of Use lease liabilities	7,536	7,724
Capitalized R&D	1,875	2,649
Assets held for sale	802	0
Other	(108)	(182)
Loss and credit carryforwards	5,445	2,267
Less valuation allowance	(20,891)	(19,106)
Net deferred tax asset/(liability) - total	$ 0	$ 0

Summary of Significant Accounting Policies - Schedule of Useful Lives of Property, Plant and Equipment (Details)	Apr. 30, 2026
Machinery and equipment \| Minimum
Property Plant And Equipment [Line Items]
Useful Life	2 years
Machinery and equipment \| Maximum
Property Plant And Equipment [Line Items]
Useful Life	10 years
Computer and other equipment \| Minimum
Property Plant And Equipment [Line Items]
Useful Life	2 years
Computer and other equipment \| Maximum
Property Plant And Equipment [Line Items]
Useful Life	7 years
Leasehold improvements \| Minimum
Property Plant And Equipment [Line Items]
Useful Life	10 years
Leasehold improvements \| Maximum
Property Plant And Equipment [Line Items]
Useful Life	20 years

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Income Taxes

12 Months Ended

Apr. 30, 2026

Income Tax Disclosure [Abstract]

Income Taxes

Income tax expense/(benefit) from operations consists of the following (in thousands):


	For the Years Ended April 30,
	2026		2025		2024
Current:
Federal (a)	$	(8)	$	48	$	5
State (b)	48		64		(79)
Foreign	5		11		4
Total current	45		123		(70)
Deferred:
Deferred federal	—		—		—
Deferred state	—		—		—
Total deferred	—		—		—
Total income tax expense/(benefit)	$	45	$	123	$	(70)

_____________________________________________________________________

(a)Fiscal Year 2025 federal current expense is net of $875,000 tax benefit of operating loss carryforwards.

(b)Fiscal Year 2025 state current expense is net of $95,000 tax benefit of operating loss carryforwards.

A reconciliation of the provision for income taxes at statutory rates to the provision reported in the consolidated financial statements for the period ended April 30, 2026, after the adoption of ASU 2023-09 is as follows (in thousands):


	April 30, 2026
	Amount		Percent
U.S Federal Statutory Tax Rate	$	(1,924)	21.0	%
State and Local Income Taxes, Net of Federal Income Tax Effect (c)	36		(0.4)	%
Foreign Tax Effects
China
Statutory tax rate Difference between China and United States	(24)		0.3	%

Effects of Cross-Border Tax Laws
Global intangible low-tax income	20		(0.2)	%
Tax Credits
Research & Development Credits	(151)		1.6	%
Changes in Valuation Allowances	1,565		(17.1)	%
Nontaxable or Nondeductible Items
Stock Compensation	(104)		1.1	%
Executive compensation limitation	550		(6.0)	%
Other	77		(0.8)	%

Effective Tax Rate	45		(0.5)	%

The following table presents a reconciliation of the provision for income taxes from operations at statutory rates to the provision (benefit) in the consolidated financial statements as previously disclosed prior to the adoption of ASU 2023-09 (in thousands):


	For the Years Ended April 30,
		2025		2024
Federal income taxes expected at the statutory rate		$	10	$	(2,587)
State income taxes, less federal income tax benefit		14		(132)
Stock compensation		249		436
Research and development tax credit		(149)		(203)

Change in deferred tax valuation allowance		(192)		2,257
Other		191		159
Total income tax expense/(benefit)		$	123	$	(70)

_____________________________________________________________________

income tax effect category.

Deferred tax assets (liabilities) related to temporary differences are the following (in thousands):


	April 30, 2026		April 30, 2025
Non-current tax assets (liabilities):
Inventories	$	1,380	$	1,321
Accrued expenses, including compensation	1,189		2,261

Workers' compensation	—		13
Warranty reserve	309		322
Stock-based compensation	956		991
State bonus depreciation	34		56
Property, plant, and equipment	(1,438)		(1,974)
Intangible assets	10,056		11,059
Right-of Use assets	(7,145)		(7,401)
Right-of Use lease liabilities	7,536		7,724
Capitalized R&D	1,875		2,649
Assets held for sale	802		—
Other	(108)		(182)
Loss and credit carryforwards	5,445		2,267
Less valuation allowance	(20,891)		(19,106)
Net deferred tax asset/(liability) — total	$	—	$	—

Cash paid for income taxes (net of refunds) by jurisdiction for the year ended April 30, 2026 as reported in the consolidated financial statements, after the adoption of ASU 2023-09 is as follows:


	For the Year Ended April 30,
	2026
Jurisdiction	(In thousands)
Federal	$	—
State	103
Foreign	5

Cash paid for income taxes (net of refunds) exceeded five percent of total taxes paid (net of refunds) in the following states:


	For the Year Ended April 30,
	2026
State	(In thousands)
California	$	(7)
Kentucky	5
North Carolina	10
New York	11
Tennessee	37
Texas	33

Cash paid for income taxes (net of refunds), prior to the adoption of ASU 2023-09, was $100,000 and $(978,000) for the years ended April 30, 2025 and 2024, respectively.

As of April 30, 2026, federal and state net operating loss, or NOL, carryforwards were $20.6 million and $12.2 million, respectively, and $533,000 of federal research & development tax credits. The tax-effected deferred tax assets recorded for federal and state NOL carryforwards were $4.3 million and $586,000, respectively. Under legislation enacted in 2017, informally titled the Tax Cuts and Jobs Act, or Tax Act, federal NOLs incurred in taxable years ending after December 31, 2017, may be carried forward indefinitely. The federal research and development credits of $533,000, which, if unused, will expire between April 30, 2043 and 2045. State NOL carryforwards of $7.7 million, which, if unused, will expire in years April 30, 2033 through April 30, 2056. The remaining $4.5 million of the state NOL carryforwards may also be carried forward indefinitely.

As of April 30, 2026, we continued to maintain a full valuation allowance of $20.9 million against our net deferred income tax assets based on management's assessment that it was more likely than not that our deferred income tax assets will not be recovered. We will continue to evaluate the need for a valuation allowance on our deferred tax assets until there is sufficient positive evidence to support the reversal of all or some portion of these allowances. As of April 30, 2025, we maintained a full valuation allowance of $19.1 million against our net deferred income tax assets based on management's assessment that it was more likely than not that our deferred income tax assets will not be recovered.

The income tax provisions (benefit) represent effective tax rates of (0.5)%, 267.4%, and 0.6% for the fiscal years ended April 30, 2026, 2025, and 2024, respectively.

As of April 30, 2026 and 2025, we did not have any gross tax-effected unrecognized tax benefits.

With limited exception, we are subject to U.S. federal, state, and local, or non-U.S. income tax audits by tax authorities for fiscal years subsequent to April 30, 2022.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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-Name Accounting Standards Codification
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-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478822/944-740-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 270
-Name Accounting Standards Codification
-Section 50
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 2
-Subparagraph (SAB Topic 11.C)
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Self-Insurance Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
Self-Insurance Reserves (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Increase (Decrease) In Self Insurance Reserve [Roll Forward]
Beginning balance	$ 321	$ 359
Additional provisions charged to expense	2,594	2,365
Payments	(2,618)	(2,403)
Ending balance	$ 298	$ 321

Leases - Additional Information (Details) ft² in Thousands, $ in Thousands	12 Months Ended
	Apr. 30, 2026 USD ($)	Apr. 30, 2025 USD ($)	Apr. 30, 2024 USD ($)	Jan. 01, 2024 ft²
Lessee Lease Description [Line Items]
Operating lease costs	$ 4,200	$ 4,100	$ 4,000
Short-term lease costs	$ 295	$ 386	132
Operating lease, weighted average lease term (in years)	12 years 6 months	13 years 6 months
Operating lease, weighted average discount rate (as a percent)	6.00%	5.40%
Operating lease, right-of-use asset	$ 30,710	$ 31,896
Operating lease liability	32,383	33,284
Cash paid for amounts included in measurement of liabilities	$ 1,300	$ 1,300	1,000
Building
Lessee Lease Description [Line Items]
Area of leased space (in square feet) \| ft²				632
Area of subleased space (in square feet) \| ft²				361
Area of optional leased space (in square feet) \| ft²				491
Operating lease, right-of-use asset			10,600
Operating lease liability			$ 10,600

Summary of Significant Accounting Policies

12 Months Ended

Apr. 30, 2026

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of our company and our wholly owned subsidiaries, including AOB Products Company, or AOBPC, BTI Tools LLC, Crimson Trace Corporation, Ultimate Survival Technologies, LLC, or ust, and AOB Consulting (Shenzhen), Co., LTD. All intercompany accounts and transactions have been eliminated in consolidation.

Reclassifications

Certain prior-year amounts have been reclassified to conform to the current-year presentation. In connection with the separate presentation of other current assets on the consolidated balance sheets, amounts previously reported as prepaid expenses and other current assets have been reclassified to separate captions for prepaid expenses and other current assets. Corresponding reclassifications were also made within operating activities on the consolidated statements of cash flows.

These reclassifications had no effect on previously reported total current assets, total assets, net income, stockholders' equity, net cash provided by operating activities, or net increase (decrease) in cash and cash equivalents.

Use of Estimates

In preparing our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America, or GAAP, we make estimates and assumptions that affect amounts reported in our consolidated financial statements and accompanying notes. Our significant estimates include various sales adjustments for discounts, returns, allowances, and other customer incentives; provisions for excess and obsolete inventory; accruals for freight, duty, and tariff costs on international inventory purchases and related inventory valuation adjustments; estimates related to the recognition and measurement of tariff refund recoveries and related receivables; valuation of long-lived intangible assets; valuation of stock-based compensation awards; and realization of deferred tax assets. Actual results may differ from those estimates.

Fair Value of Financial Instruments

The carrying amounts of cash and cash equivalents, receivables, accounts payable, accrued expenses and other short-term financial instruments approximate fair value due to their short term nature. The carrying amount of debt, if any, approximates fair value because the variable or fixed interest rates approximate market rates.

U.S. Tariff Developments

In 2025, the U.S. Administration imposed a series of tariffs on nearly all U.S. trading partners pursuant to the International Emergency Economic Powers Act of 1977 (“IEEPA”). On February 20, 2026, the United States Supreme Court issued a ruling striking down tariffs previously imposed under IEEPA. Immediately following the Supreme Court ruling, the U.S. government initiated new tariffs under Section 122 of the Trade Act ("Section 122 tariffs") which have been in effect since February 24, 2026. We continue to monitor and evaluate these developments and assess their potential impact on our business, financial condition, and results of operations.

In March 2026, the U.S. Court of International Trade ("CIT") issued an order directing U.S. Customs and Border Protection ("CBP") to process refunds of certain IEEPA tariffs. In April 2026, the CBP released a new system to process IEEPA tariff refunds, allowing importers to submit refund claims. We are seeking refunds of tariffs previously paid under IEEPA and we account for such claims under the loss recovery framework by analogy to ASC 410-30 - Environmental Obligations. A receivable is recognized when recovery is considered probable and reasonably estimable. Recoveries are recognized in the same financial statement line item as the underlying tariff costs or as an adjustment to inventory when the related inventory remains on hand. We believe it is probable that we will recover the IEEPA tariffs previously paid and have recognized an IEEPA tariff refund receivable under the loss recovery accounting model.

The ultimate timing and amount of recoveries remain subject to review and processing by governmental authorities and could be affected by future legal, regulatory, or administrative developments. In addition, there continues to be uncertainty regarding existing and proposed tariff regimes, including the potential imposition, modification, suspension, or invalidation of tariffs under various statutory authorities. The Company continues to monitor tariff-related developments and assess their potential impact on its business, financial condition, and results of operations.

Cash and Cash Equivalents

We consider all highly liquid investments purchased with original maturities of three months or less at the date of acquisition to be cash equivalents. We maintain our cash in bank deposit accounts that, at times, may exceed federally insured limits. We have not experienced any losses in such accounts. As of April 30, 2026, all of our accounts exceeded federally insured limits.

Accounts Receivable and Allowance for Estimated Credit Losses

We record trade accounts receivable at net realizable value that include estimated allowances for trade terms, sales incentive programs, discounts, markdowns, chargebacks, and returns as discussed under Revenue Recognition below. We extend credit to our domestic customers and some foreign distributors based on their creditworthiness. We sometimes offer

discounts for early payment on invoices. When we believe the extension of credit is not advisable, we rely on either a prepayment or a letter of credit. We write off balances deemed uncollectible by us against our allowance for credit loss accounts.

We maintain an allowance for credit losses related to trade accounts receivable for future expected credit losses resulting from the inability or unwillingness of our customers to make required payments. We estimate our allowance for credit losses based on relevant information such as historical experience, current conditions, and future expectation and in relation to a representative pool of assets consisting of a large number of customers with similar risk characteristics and similar financial assets. We adjust the allowance as appropriate to reflect differences in current conditions as well as changes in forecasted macroeconomic conditions. We write off trade accounts receivable when they are determined to be uncollectible after considering the facts and circumstances specific to the customer and after all collection efforts have been exhausted. Recoveries of amounts previously written off are recorded when received.

In November 2020, we entered into a factoring arrangement with a financial institution specifically designed to factor trade receivables with a certain customer that has extended payment terms, which are traditional to the customer’s industry. Under this factoring arrangement, from time to time, we sell this customer’s trade receivables at a discount on a non-recourse basis. We account for these transactions as sales and cash proceeds are included in cash provided by operating activities in the statement of cash flows. During the fiscal year ended April 30, 2026, 2025, and 2024, we recorded an immaterial amount of factoring fees related to factoring transactions, which are included in other (expense)/income, net on our consolidated statements of operations.

Inventories

We state inventories at the lower of cost or net realizable value. We determine cost on the first-in, first-out method and net of discounts or rebates received from vendors. Provisions for potential nonsalable inventory due to excess stock or obsolescence are based upon a detailed review of inventory, past history, and expected future usage. We evaluate quantities that make up our current inventory against past and future demand and market conditions to determine excess or slow-moving inventory that may be sold below cost. For each product category, we estimate the market value of the inventory comprising that category based on current and projected selling prices. If the projected market value is less than cost, we will record a provision adjustment to reflect the lower value of the inventory. This methodology recognizes projected inventory losses at the time such losses are evident rather than at the time goods are actually sold. The projected market value of the inventory may decrease because of consumer preferences or loss of key contracts, among other events.

Property, Plant, and Equipment

We record property, plant, and equipment, consisting of leasehold improvements, machinery, equipment, hardware, furniture, and fixtures at cost and depreciate them using the straight-line method over their estimated useful lives. We recognize depreciation expense for leasehold improvements over the shorter of their estimated useful lives or the lease terms, and include them in depreciation and amortization expense. We charge expenditures for maintenance and repairs to earnings as incurred, and we capitalize additions, renewals, and betterments. Upon the retirement, or other disposition of property and equipment, we remove the related cost and accumulated depreciation from the respective accounts and include any gain or loss in operations. A summary of the estimated useful lives is as follows:


Description						Useful Life
Machinery and equipment						2 to 10 years
Computer and other equipment						2 to 7 years
Leasehold improvements						10 to 20 years

We include tooling, dies, furniture, and fixtures as part of machinery and equipment and depreciate them over a period generally not exceeding 10 years.

Intangible Assets

We record intangible assets at cost or based on the fair value of the assets acquired. Intangible assets consist of developed software and technology, customer relationships, trademarks, trade names, and patents. We amortize intangible

assets over their estimated useful lives or in proportion to expected yearly revenue generated from the intangibles that were acquired.

Valuation of Long-lived Assets

We have significant long-lived assets, which are susceptible to valuation adjustments as a result of changes in various factors or conditions. The most significant long-lived assets are property, plant, and equipment; right-of-use assets; developed technology; customer relationships; patents; trademarks; and trade names, which is our long lived asset group. Our long-lived assets are primarily located in the United States with some tooling and equipment located in Asia. We amortize all finite-lived assets either on a straight-line basis or based upon patterns in which we expect to utilize the economic benefits of such assets. We initially determine the values of assets by a risk-adjusted, discounted cash flow approach.

We evaluate the recoverability of long-lived assets on an annual basis or whenever events or changes in circumstances indicate that carrying amounts may not be recoverable in accordance with ASC 360, Property, Plant, and Equipment. When such evaluations indicate that the related future undiscounted cash flows are not sufficient to recover the carrying values of the asset group, such carrying values are reduced to fair value and this adjusted carrying value becomes the asset’s new cost basis. We determine the initial fair value of our long-lived assets, primarily using future anticipated cash flows that are directly associated with and are expected to arise as a direct result of the use and eventual disposition of the asset, or asset group, discounted using an interest rate commensurate with the risk involved. Based on the results of this evaluation, on an undiscounted cash flow basis, there were no indications of impairment of our long-lived asset group in fiscal 2026, 2025, or 2024.

Future adverse changes in these or other unforeseeable factors could result in an impairment charge that could materially impact future results of operations and financial position in the reporting period identified.

Revenue Recognition

We recognize revenue for the sale of our products at the point in time when the control of ownership has transferred to the customer and our primary performance obligation is the sale of finished goods to wholesale, retail, and direct-to-consumer customers. The transfer of control typically occurs at a point in time based on consideration of when the customer has (i) a payment obligation, (ii) physical possession of goods has been received, (iii) legal title to goods has passed, (iv) risks and rewards of ownership of goods has passed to the customer, and (v) the customer has the ability to direct the use of and obtain substantially all of the benefits from the product. The timing of revenue recognition occurs either on shipment or delivery of goods based on contractual terms with the customer, as this is when transfer of control occurs and the customer has the ability to direct the use of and obtain substantially all of the benefits from the product, has title and significant risks and rewards of ownership of the product, and physical possession of the product has been transferred. Revenue recorded excludes sales tax charged to retail customers as we are considered a pass-through conduit for collecting and remitting sales taxes.

The duration of contractual arrangements with customers in our wholesale and retail channels is typically less than one year. Payment terms with customers are typically between 20 and 90 days, with a discount available in certain cases for early payment. For contracts with discounted terms, we determine the transaction price upon establishment of the contract that contains the final terms of the sale, including the description, quantity, and price of each product purchased. We estimate variable consideration relative to the amount of cash discounts to which customers are likely to be entitled. In some instances, we provide longer payment terms, particularly as it relates to extended seasonal payment terms for certain hunting-related products, which represent payment terms due in the fall for certain orders of hunting products received in the spring and summer. We do not consider these extended terms to be a significant financing component of the contract because the payment terms are less than one year.

We have elected to treat all shipping and handling activities as fulfillment costs and recognize the costs as distribution expenses at the time we recognize the related revenue. Shipping and handling costs billed to customers are included in net sales.

We sponsor direct to consumer customer loyalty programs in which customers earn rewards from qualifying purchases or activities. We defer revenue for a portion of the transaction price from product sales to customers that earn loyalty points.

The amount of revenue we recognize reflects the expected consideration to be received for providing the goods or services to customers, which includes estimates for variable consideration. Variable consideration includes allowances for trade term discounts, volume incentives, chargebacks, and product returns. Estimates of variable consideration are determined at contract inception and are constrained to the extent that the inclusion of such variable consideration could result in a significant reversal of cumulative revenue in future periods. We apply the portfolio approach as a practical expedient and utilize the expected value method in determining estimates of variable consideration, based on evaluations of specific product and customer circumstances, historical and anticipated trends, and current economic conditions. We have co-op advertising program expense, which we record within advertising expense, in recognition of a distinct service that we receive from our customers at the retail level which estimates fair value of the service.

In some instances, sales include multiple performance obligations. The most common of these instances relates to sales promotion programs under which customers are entitled to receive a free good or subscription service based upon their purchase of our products, which we have identified as a material right. The fulfillment of these free goods is our responsibility. In such instances, we allocate the revenue of the promotional sales based on the estimated level of participation in the sales promotional program and the timing of the shipment of all of the products included in the promotional program, including the free goods. We recognize subscription revenue ratably over the term of the contract, as the customer simultaneously receives and consumes the benefits of the service throughout the period. The net change in contract liabilities for a given period is reported as increase or decrease in accrued expenses on the balance sheet and an increase or decrease to sales on the statement of operations. During the year ended April 30, 2026, 2025, and 2024, we recorded an immaterial amount of service revenue and deferred revenue to satisfy certain performance obligations.

Disaggregation of Revenue

The following table sets forth certain information regarding trade channel net sales for the fiscal years ended April 30, 2026, 2025, and 2024 (dollars in thousands):


	2026		2025		$ Change		% Change		2024
e-commerce channels	$	71,216	$	84,391	$	(13,175)	(15.6)	%	$	84,313
Traditional channels	119,320		137,931		(18,612)		(13.5)	%	116,786
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099

Our e-commerce channels include net sales from customers that do not traditionally operate a physical brick-and-mortar store, but generate the majority of their revenue from consumer purchases at their retail websites. Our e-commerce channels also include our direct-to-consumer sales. Our traditional channels include customers that operate primarily out of physical brick and mortar stores and generate the large majority of their revenue from consumer purchases at their brick-and-mortar locations.

We sell our products worldwide. The following table sets forth certain information regarding geographic makeup of net sales included in the above table for the fiscal years ended April 30, 2026, 2025, and 2024 (dollars in thousands):


	2026		2025		$ Change		% Change		2024
Domestic	$	179,911	$	207,834	$	(27,923)	(13.4)	%	$	189,027
International	10,625		14,488		(3,863)		(26.7)	%	12,072
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099


	2026		2025		$ Change		% Change		2024
Canada	$	5,538	$	6,282	$	(744)	(11.8)	%	$	5,111
Europe	3,261		5,394		(2,133)		(39.5)	%	4,337
All others international	1,825		2,812		(987)		(35.1)	%	2,624
Total international net sales	$	10,625	$	14,488	$	(3,863)	(26.7)	%	$	12,072


	2026		2025		$ Change		% Change		2024
Shooting sports	$	80,054	$	95,200	$	(15,146)	(15.9)	%	$	91,716
Outdoor lifestyle	110,482		127,122		(16,640)		(13.1)	%	109,383
Total net sales	$	190,536	$	222,322	$	(31,786)	(14.3)	%	$	201,099

Our shooting sports category includes net sales of shooting accessories and our products used for personal protection. Our outdoor lifestyle category includes net sales of our products used in hunting, fishing, meat processing, rugged outdoor activities, and outdoor cooking.

Cost of Goods Sold

Cost of goods sold for our purchased finished goods includes the purchase costs and related overhead. We source most of our purchased finished goods from manufacturers in Asia. Cost of goods sold for our manufactured goods includes all materials, labor, and overhead costs incurred in the production process. Overhead includes all costs related to manufacturing or purchasing finished goods, including costs of planning, purchasing, quality control, depreciation, freight, tariff and duties, royalties, and shrinkage.

Research and Development

We engage in both internal and external research and development, or R&D, in order to remain competitive and to exploit potential untapped market opportunities. We approve prospective R&D projects after analysis of the costs and benefits associated with the potential product. Costs in R&D expense include salaries, materials, utilities, and administrative costs.

Advertising

We expense advertising costs, primarily consisting of digital, printed, or television advertisements, either as incurred or upon the first occurrence of the advertising. Advertising expense, included in selling, marketing, and distribution expenses, totaled $9.6 million, $10.9 million, and $11.1 million in fiscal 2026, 2025, and 2024, respectively. We have co-op advertising program expense, which we record within advertising expense, in recognition of a distinct service that we receive from our customers at the retail level.

Warranty

We generally provide either a limited lifetime, four-year, three-year, two-year, or one-year warranty program to the original purchaser of most of our products. We will also repair or replace certain products or parts found to be defective under normal use and service with an item of equivalent value, at our option, without charge during the warranty period. We provide for estimated warranty obligations in the period in which we recognize the related revenue. We quantify and record an estimate for warranty-related costs based on our actual historical claims experience and current repair costs. We make adjustments to accruals as warranty claims data and historical experience warrant.

The following table sets forth the change in accrued warranties, a portion of which is recorded as a non-current liability, in the fiscal years ended April 30, 2026, 2025, and 2024 (in thousands):


	April 30, 2026		April 30, 2025	April 30, 2024
Beginning balance	$	1,392	1,243	966
Warranties issued and adjustments to provisions	1,207		1,853	1,569

Warranty claims	(1,262)		(1,704)	(1,292)
Ending balance	$	1,337	1,392	1,243

Leases

We occasionally enter into non-cancelable operating leases for office space, distribution facilities, and equipment. Our leases for real estate have initial terms ranging from one to 18 years, generally with renewal options. Leases for equipment typically have initial terms ranging from one to 10 years. Most leases have fixed rentals, with many of the real estate leases requiring additional payments for real estate taxes and occupancy-related costs. See Note 5 – Leases for more information.

Self-Insurance

We record our liability for estimated incurred losses, related to our self-insured group health insurance program, based on historical claim data in the accompanying consolidated financial statements on an undiscounted basis. While we believe these reserves to be adequate, it is possible that the ultimate liabilities will exceed such estimates. See Note 12 - Self-Insurance Reserves for more information.

Earnings/(Loss) Per Share

We calculate basic and diluted earnings/(loss) per share in accordance with the provisions of ASC 260-10, Earnings Per Share. Basic earnings per common share equals earnings/(loss) divided by the weighted average number of common shares outstanding during the periods presented. Diluted earnings per common share equals earnings/(loss) divided by the weighted average number of common shares outstanding during the periods presented, giving effect to all potentially dilutive stock awards that are outstanding, if their effect is dilutive.

Due to the loss from operations for the fiscal years ended April 30, 2026, 2025, and 2024, there are no common shares added to calculate dilutive EPS because the effect would be anti-dilutive. Had there been income from operations for the fiscal years ended April 30, 2026, 2025, and 2024, all of our performance-based restricted stock units, or PSUs, and restricted stock units, or RSUs, further described in Note 13 - Equity, would have been included in the computation of diluted earnings per share and could potentially dilute earnings per share in the future.

Stock-Based Compensation

Our stock-based compensation awards consist of stock options, PSUs, and RSUs, all of which are based on our common shares. Compensation costs for all awards expected to vest are recognized over the vesting period using the simplified method in accordance with ASC 718 as we believe the simplified method is the best method to calculate our stock compensation expense. In addition, we estimate an expected forfeiture rate and only recognize expense for those shares expected to vest. The awards granted generally vest annually in three or four-year tranches for our executive officers and employees and vest in monthly tranches for our directors, and are included in costs of goods sold; research and development; selling, marketing, and distribution; and general and administrative expenses in the consolidated statements of operations. See Note 13 – Equity for additional information.

Income Taxes

We account for income taxes in accordance with ASC 740, Income Taxes (ASC 740). The provision for income taxes is based upon income reported in the accompanying consolidated financial statements as required by ASC 740-10. We determine deferred tax assets and liabilities based on temporary differences between financial reporting and tax bases in assets and liabilities and measure them by applying enacted rates and laws expected to be in place when the deferred items become subject to income tax or deductible for income tax purposes. We recognize the effect on deferred taxes and

liabilities of a change in tax rates in the period that includes the enactment date. In assessing the realization of our deferred income tax assets, we consider whether it is more likely than not that the deferred income tax assets will be realized. The ultimate realization of our deferred income tax assets depends upon generating future taxable income during the periods in which our temporary differences become deductible and before our net operating loss carryforwards expire. We periodically evaluate the recoverability of our deferred income tax assets by assessing the need for a valuation allowance. If we determine that it is more likely than not that our deferred income tax assets will not be recovered, we establish a valuation allowance against some or all of our deferred income tax assets. We determine unrecognized income tax benefits in accordance with ASC 740 on the basis of a two-step process in which first we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and second for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. Accrued income taxes in the consolidated balance sheet includes unrecognized income tax benefits along with related interest and penalties, appropriately classified as current or noncurrent. We recognize interest and penalties related to unrecognized tax benefits as interest income/(expense) and other income/(expense), respectively, in the accompanying consolidated statement of operations. All deferred tax assets and liabilities are classified as noncurrent in the consolidated balance sheet.

We periodically assess whether it is more likely than not that we will generate sufficient taxable income to realize our deferred income tax assets. The ultimate realization of net deferred tax assets is dependent on the generation of future taxable income during the periods in which those temporary differences become deductible. We establish valuation allowances if it is more likely than not that we will be unable to realize our deferred income tax assets.

In making this determination, we consider available positive and negative evidence and make certain assumptions. We consider, among other things, projected future taxable income, scheduled reversals of deferred tax liabilities, the overall business environment, our historical financial results, and tax planning strategies. Significant judgment is required in this analysis.

We determined in a prior period that it was not more likely than not that our net deferred tax assets would be realized and accordingly we recorded a full valuation allowance. This assessment of the realizability of our net deferred tax assets remains unchanged for the current fiscal year. Our assessment involved estimates and assumptions about matters that are inherently uncertain, and unanticipated events or circumstances could cause actual results to differ from these estimates.

Estimates may change as new events occur, estimates of future taxable income may increase during the expected reversal period of our deferred tax assets, or additional information becomes available. Should we change our estimate of the amount of deferred tax assets that we would be able to realize, a full or partial reversal of the valuation allowance could occur resulting in a decrease to the provision for income taxes in the period such a change in estimate is made.

Concentration of Credit Risk

Financial instruments that potentially subject us to concentration of credit risk consist primarily of cash, cash equivalents, and trade receivables. We place our cash and cash equivalents in overnight U.S. government securities. Concentrations of credit risk with respect to trade receivables are limited by the large number of customers comprising our customer base and their geographic and business dispersion. We perform ongoing credit evaluations of our customers’ financial condition and generally do not require collateral.

For the fiscal year ended April 30, 2026, 2025, and 2024, respectively, one of our customers accounted for more than 10% of our net sales, accounting for $34.8 million, or 18.3%, $45.0 million, or 20.3%, and $44.3 million, or 22.1%, of our fiscal 2026, 2025, and 2024 net sales, respectively.

As of April 30, 2026, we had two customers that exceeded 10% or more of our accounts receivable, accounting for $6.1 million, or 20.8%; $3.8 million, or 12.9%, of our fiscal 2026 accounts receivable. As of April 30, 2025, we had three customers exceed 10% or more of our accounts receivable, accounting for $5.8 million, or 14.6%; $5.2 million, or 13.1%; $4.4 million, or 11.1%, of our fiscal 2025 accounts receivable. We are not aware of any issues with respect to relationships with any of our top customers.

We source a majority of our purchased finished goods from Asia. As of April 30, 2026, we had two inventory suppliers that exceeded 10% or more of our total inventory purchases. As of April 30, 2025, we had three inventory

suppliers that exceeded 10% or more of our total inventory purchases. We have alternative options at our discretion that would mitigate a concentration risk in the future related to our inventory suppliers.

Shipping and Handling

In the accompanying consolidated financial statements, we included amounts billed to customers for shipping and handling in net sales. We include costs relating to shipping and handling charges, including inbound freight charges and internal transfer costs, in cost of goods sold; however, costs incurred to distribute products to customers is included in distribution expenses.

Legal

From time to time, we are involved in lawsuits, claims, investigations, and proceedings, including those relating to product liability, intellectual property, commercial relationships, employment issues, and governmental matters, which arise in the ordinary course of business.

We periodically assess liabilities and contingencies in connection with legal proceedings and other claims that may arise from time to time. When we believe it is probable that a loss has been or will be incurred, we record an estimate of the loss in the consolidated financial statements. We adjust estimates of losses when additional information becomes available or circumstances change. We disclose a contingent liability when we believe there is at least a reasonable possibility that a material loss may have been incurred. We record legal fees as incurred.

For the fiscal years ended April 30, 2026, 2025, and 2024, we did not incur any material expenses in defense and administrative costs relative to product liability litigation. In addition, we did not incur any settlement fees related to product liability cases in those fiscal years.

Recently Adopted Accounting Standards

In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ("ASU 2023-09"), which improves the transparency of income tax disclosures by requiring companies to (1) disclose consistent categories and greater disaggregation of information in the effective rate reconciliation and (2) provide information on income taxes paid disaggregated by jurisdiction. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. We adopted ASU 2023-09 effective as of the beginning of the fiscal year ended April 30, 2026 on a prospective basis. The adoption did not have a material impact on the Company's consolidated financial statements and disclosures.

Recently Issued Accounting Standards

In November 2024, the FASB issued ASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses ("ASU 2024-03), which requires disaggregation disclosures on an annual or interim basis, in the notes to the financial statements, of certain categories of expenses that are included in expense line items on the face of the statement of operations. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027 and should be applied prospectively, with the option to apply the standard retrospectively. We are currently evaluating the impact of adopting this ASU 2024-03 on our consolidated financial statements and disclosures.

In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which improves transparency to provide all entities with a practical expedient when estimating expected credit losses for current accounts receivable and current contract assets arising from transactions accounted for under Topic 606. All entities may elect a practical expedient that assumes that current conditions as of the balance sheet date do not change for the remaining life of the asset. The new guidance is effective for fiscal years beginning after December 15, 2025, and interim reporting periods within those annual reporting periods. Early adoption is permitted. This ASU 2025-05 is not expected to have a significant impact to the Company’s consolidated financial statements when adopted.

Fair Value Measurement (Tables)

12 Months Ended

Apr. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Cash and Cash Equivalents measured at Fai Value on a Recurring Basis

The fair value of the Disposal Group as disclosed in Note 16 - Assets Held for Sale and the table below (in thousands), was determined using Level 3 inputs under the fair value hierarchy. Fair values were estimated using discounted cash flow analysis using significant assumptions including projected cash flows of the brand, terminal growth rates, discount rates, and market-based revenue multiples observed in comparable transactions.


	April 30, 2026		April 30, 2025
Cash and cash equivalents (Level 1)	$	21,436	$	23,423
Assets held for sale (Level 3)	734		—

Property, Plant, and Equipment

12 Months Ended

Apr. 30, 2026

Property, Plant, and Equipment [Abstract]

Property, Plant, and Equipment

The following table summarizes property, plant, and equipment as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Machinery and equipment	$	24,201	$	24,087
Computer and other equipment	2,489		2,228
Leasehold improvements	1,850		1,753
	28,540		28,068
Less: Accumulated depreciation and amortization	(19,285)		(16,962)
	9,256		11,106
Construction in progress	71		125
Total property, plant, and equipment, net	$	9,327	$	11,231

Depreciation expense for the fiscal years ended April 30, 2026, 2025, and 2024 was $3.9 million, $3.5 million, and $3.0 million, respectively. As of April 30, 2026 and 2025, $5.5 million and $6.4 million, respectively, of our net property, plant, and equipment was located in the United States and $3.8 million and $4.8 million, respectively, was located in Asia.

- Definition

The entire disclosure for property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Statement of Financial Position [Abstract]
Allowance for credit losses	$ 419	$ 159
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock authorized (in shares)	20,000,000	20,000,000
Preferred stock issued (in shares)	0	0
Preferred stock outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	100,000,000	100,000,000
Common stock issued (in shares)	15,288,148	14,974,217
Common stock outstanding (in shares)	12,459,004	12,696,356
Treasury stock (in shares)	2,829,144	2,277,861

Inventory (Tables)

12 Months Ended

Apr. 30, 2026

Inventory Disclosure [Abstract]

Schedule of Inventories

The following table sets forth a summary of inventories stated at lower of cost or net realizable value, as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Finished goods	$	85,223	$	96,105
Finished parts	1,624		2,680
Work in process	107		306
Raw material	4,935		5,626
Total inventories	$	91,889	$	104,717

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Current assets:
Cash and cash equivalents	$ 21,436	$ 23,423
Accounts receivable, net of allowance for credit losses of $419 on April 30, 2026 and $159 on April 30, 2025	29,233	39,337
Inventories	91,889	104,717
Assets held for sale	734	0
Prepaid expenses	2,268	2,435
Other current assets	16,978	1,535
Income tax receivable	156	143
Total current assets	162,694	171,590
Property, plant, and equipment, net	9,327	11,231
Intangible assets, net	23,527	31,411
Right-of-use assets	30,710	31,896
Other assets	362	227
Total assets	226,620	246,355
Current liabilities:
Accounts payable	13,432	15,717
Accrued expenses	13,212	13,872
Accrued payroll and incentives	1,700	5,871
Lease liabilities, current	1,569	1,336
Total current liabilities	29,913	36,796
Lease liabilities, net of current portion	30,814	31,949
Total liabilities	60,727	68,745
Commitments and contingencies (Note 16)
Equity:
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding on April 30, 2026 and 2025	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized, 15,288,148 shares issued and 12,459,004 shares outstanding on April 30, 2026 and 14,701,280 shares issued and 12,797,865 shares outstanding on April 30, 2025	15	15
Additional paid in capital	283,327	280,711
Retained deficit	(83,908)	(74,700)
Treasury stock, at cost (2,829,144 shares on April 30, 2026 and 2,277,861 shares on April 30, 2025)	(33,541)	(28,416)
Total equity	165,893	177,610
Total liabilities and equity	$ 226,620	$ 246,355

Employer Sponsored Benefit Plans (Details)	12 Months Ended
Employer Sponsored Benefit Plans (Details)	Apr. 30, 2026 USD ($)	Apr. 30, 2025 USD ($)	Apr. 30, 2024 USD ($)
Contributory Defined Investment Plan
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, matching contribution (as a percent)	6.00%
Employer contributions	$ 540,000	$ 546,000	$ 438,000
Contributory Defined Investment Plan \| Minimum
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, employee contribution (as a percent)	0.01
Contributory Defined Investment Plan \| Maximum
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, employee contribution (as a percent)	0.30
Defined contribution plan, matching contribution (as a percent)	50.00%
Non-Contributory Profit Sharing Plan
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 0	$ 0	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Cash flows from operating activities:
Net loss	$ (9,208)	$ (77)	$ (12,248)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	12,438	13,275	16,101
Loss on sale/disposition of assets	0	15	7
Provision for credit losses on accounts receivable	(363)	26	8
Impairment of assets held for sale	3,433	0	0
Stock-based compensation expense	3,071	3,500	4,075
Changes in operating assets and liabilities:
Accounts receivable	10,467	(13,635)	1,110
Inventories	9,430	(11,402)	6,419
Prepaid expenses	(28)	(450)	622
Other current assets	(15,248)	2,890	807
Income tax receivable	(13)	80	1,028
Accounts payable	(1,617)	834	2,873
Accrued payroll and incentives	(4,171)	1,704	2,354
Right of use assets	1,554	1,668	1,335
Accrued expenses	(2,168)	4,185	946
Other assets	8	81	137
Lease liabilities	(1,270)	(1,335)	(1,049)
Other non-current liabilities	0	0	(34)
Net cash provided by operating activities	6,315	1,359	24,491
Cash flows from investing activities:
Payments to acquire patents and software	(418)	(743)	(1,340)
Proceeds from sale of property and equipment	0	0	131
Payments to acquire property and equipment	(2,046)	(3,153)	(4,767)
Net cash used in investing activities	(2,464)	(3,896)	(5,976)
Cash flows from financing activities:
Proceeds from loans and notes payable	9,120	7,000	0
Payments on notes and loans payable	(9,120)	(7,000)	(5,000)
Payments to acquire treasury stock	(5,125)	(3,842)	(6,015)
Cash paid for debt issuance costs	(258)	0	0
Proceeds from exercise of options to acquire common stock, including employee stock purchase plan	620	628	671
Payment of employee withholding tax related to restricted stock units	(1,075)	(524)	(423)
Net cash used in financing activities	(5,838)	(3,738)	(10,767)
Net (decrease)/increase in cash and cash equivalents	(1,987)	(6,275)	7,748
Cash and cash equivalents, beginning of period	23,423	29,698	21,950
Cash and cash equivalents, end of period	21,436	23,423	29,698
Cash paid for:
Interest	354	291	307
Income taxes (net of refunds)	108	100	(978)
Purchases of property and equipment and intangibles included in accounts payable	1,548	685	192
Changes in right of use assets for operating lease obligations	368	0	10,701
Changes in lease liabilities for operating lease obligations	368	0	10,701
Charges of debt issuance costs included in accrued expenses	0	0	0
Record assets held for sale	$ 4,167	$ 0	$ 0

Organization	12 Months Ended
Organization	Apr. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization American Outdoor Brands, Inc. and its wholly owned Subsidiaries (our "company," "we," "us," or "our") is a leading provider of outdoor lifestyle products and shooting sports accessories encompassing hunting, fishing, meat processing, outdoor cooking, shooting, and personal security and defense products for rugged outdoor enthusiasts. We conceive, design, produce or source, and sell our outdoor lifestyle products, including: •premium sportsman knives and tools for fishing and hunting; •land management tools for hunting preparedness and for use in the backyard; •products used while hunting; •meat processing equipment; and •outdoor cooking products. We conceive, design, produce or source, and sell our shooting sports accessories, including: •rests, vaults, and other related accessories; •electro-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; •and reloading, gunsmithing, and firearm cleaning supplies. We develop and market all our products as well as manufacture some of our electro-optics products at our facility in Columbia, Missouri. We also contract for the manufacture and assembly of most of our products with third parties located in Asia. We focus on our brands and the establishment of product categories in which we believe our brands will resonate strongly with the activities and passions of consumers and enable us to capture an increasing share of our overall addressable markets. Our owned brands include BOG, BUBBA, Caldwell, Crimson Trace, Frankford Arsenal, Grilla Grills, or Grilla, Hooyman, Imperial, LaserLyte, Lockdown, MEAT! Your Maker, Old Timer, Schrade, Tipton, Uncle Henry, and Wheeler, and we license additional brands for use in association with certain products we sell, including M&P, Smith & Wesson, and Performance Center by Smith & Wesson. In focusing on the growth of our brands, we organize our product development, customer service, and marketing teams into four brand lanes, each of which focuses on one of four distinct consumer verticals – Adventurer, Harvester, Marksman, and Defender – with each of our brands included in one of the brand lanes.

Leases

12 Months Ended

Apr. 30, 2026

Leases [Abstract]

Leases

We lease real estate, as well as other equipment, under non-cancelable operating lease agreements. We recognize expenses under our operating lease assets and liabilities at the commencement date based on the present value of lease payments over the lease terms. Our leases do not provide an implicit interest rate. We use our incremental borrowing rate consistent with our revolving line of credit and based on the information available at the lease commencement date in determining the discount rate for the present value of lease payments. Our lease agreements do not require material variable lease payments, residual value guarantees, or restrictive covenants. For operating leases, we recognize expense on a straight-line basis over the lease term. We record tenant improvement allowances as an offsetting adjustment included in our calculation of the respective right-of-use asset. The vast majority of our leases are for property located in the United States.

Many of our leases include renewal options that can extend the lease term. These renewal options are at our sole discretion and are reflected in the lease term when they are reasonably certain to be exercised. The depreciable life of assets and leasehold improvements are limited by the expected lease term.

The amounts of assets and liabilities related to our operating leases as of April 30, 2026 and 2025 are as follows (in thousands):


	April 30, 2026		April 30, 2025
Operating Leases
Right-of-use assets	$	37,516	$	37,474
Accumulated amortization	(6,806)		(5,578)
Right-of-use assets, net	$	30,710	$	31,896

Lease liabilities, current portion	$	1,569	$	1,336
Lease liabilities, net of current portion	30,814		31,949
Total operating lease liabilities	$	32,383	$	33,284

During the fiscal year ended April 30, 2026, we recorded $4.2 million of operating lease costs, of which $295,000 related to short-term leases. During the fiscal year ended April 30, 2025, we recorded $4.1 million of operating lease costs, of which $386,000 related to short-term leases. During the fiscal year ended April 30, 2024, we recorded $4.0 million of operating lease costs, of which $132,000 related to short-term leases. As of April 30, 2026, our weighted average lease term and weighted average discount rate for our operating leases was 12.5 years and 6.0%, respectively. As of April 30, 2025, our weighted average lease term and weighted average discount rate for our operating leases was 13.5 years and 5.4%, respectively. The operating lease costs, weighted average lease term, and weighted average discount rate are primarily driven by the lease of our corporate office and warehouse facility in Columbia, Missouri through fiscal 2039.

During the fiscal year ended April 30, 2024, we entered an Assignment Agreement to assign us the rights to the entire building and surrounding property at our corporate office and warehouse facility in Columbia, Missouri. The assignment was effective on January 1, 2024. The operating lease covers approximately 632,000 square feet, where we formerly subleased approximately 361,000 square feet. The lease provides us with an option to expand the building by up to 491,000 additional square feet. The terms of the lease are consistent with the terms of our former sublease agreement prior to the Assignment Agreement. The lease term ends on November 26, 2038 and, pursuant to the Assignment Agreement, does not provide for an extension of the term of the lease. We will receive tax and other incentives from federal, state, and local governmental authorities. The former sublessor will guarantee the lease through the end of the term. During fiscal year ended April 30, 2024, we recorded a right-of-use asset and lease liability of $10.6 million for the additional space provided under the Assignment Agreement.

Future lease payments for all our operating leases as of April 30, 2026, and for succeeding fiscal years, are as follows (in thousands):


	Operating
2027	$	3,461
2028	3,510
2029	3,534
2030	3,572
2031	3,534
Thereafter	28,927
Total future lease payments	46,538
Less amounts representing interest	(14,155)
Present value of lease payments	32,383
Less current maturities of lease liabilities	(1,569)
Long-term maturities of lease liabilities	$	30,814

During the fiscal year ended April 30, 2026, the cash paid for amounts included in the measurement of the liabilities was $1.3 million and included in our operating cash flows. During the fiscal year ended April 30, 2025, the cash paid for amounts included in the measurement of the liabilities was $1.3 million and included in our operating cash flows. During the fiscal year ended April 30, 2024, the cash paid for amounts included in the measurement of the liabilities was $1.0 million and included in our operating cash flows.

Summary of Significant Accounting Policies - Schedule of Trade Channel Net Sales (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Disaggregation of Revenue [Line Items]
Total net sales	$ 190,536	$ 222,322	$ 201,099
$ Change	$ (31,786)
% Change	(14.30%)
e-commerce channels
Disaggregation of Revenue [Line Items]
Total net sales	$ 71,216	84,391	84,313
$ Change	$ (13,175)
% Change	(15.60%)
Traditional channels
Disaggregation of Revenue [Line Items]
Total net sales	$ 119,320	$ 137,931	$ 116,786
$ Change	$ (18,612)
% Change	(13.50%)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/exampleRef
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+ Details

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

+ Details

Income Taxes - Schedule of Cash Paid for Income Taxes (Net of Refunds) by Jurisdiction (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2026 USD ($)
Income Tax Disclosure [Abstract]
Federal	$ 0
State	103
Foreign	$ 5

Organization (Details)	12 Months Ended
Organization (Details)	Apr. 30, 2026 brandLane vertical
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of brand lanes \| brandLane	4
Number of consumer verticals \| vertical	4

Leases (Tables)

12 Months Ended

Apr. 30, 2026

Leases [Abstract]

Schedule of Assets and Liabilities Related to Operating Leases

The amounts of assets and liabilities related to our operating leases as of April 30, 2026 and 2025 are as follows (in thousands):


	April 30, 2026		April 30, 2025
Operating Leases
Right-of-use assets	$	37,516	$	37,474
Accumulated amortization	(6,806)		(5,578)
Right-of-use assets, net	$	30,710	$	31,896

Lease liabilities, current portion	$	1,569	$	1,336
Lease liabilities, net of current portion	30,814		31,949
Total operating lease liabilities	$	32,383	$	33,284

Schedule of Future Lease Payments for Operating Leases

Future lease payments for all our operating leases as of April 30, 2026, and for succeeding fiscal years, are as follows (in thousands):


	Operating
2027	$	3,461
2028	3,510
2029	3,534
2030	3,572
2031	3,534
Thereafter	28,927
Total future lease payments	46,538
Less amounts representing interest	(14,155)
Present value of lease payments	32,383
Less current maturities of lease liabilities	(1,569)
Long-term maturities of lease liabilities	$	30,814

Equity - Schedule of Valuation Assumptions Used for Performance Stock Units (Details) - PSUs - $ / shares	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Correlation coefficient		0.36	0.48
Risk-free interest rate (as a percent)		4.73%	3.81%
Dividend yield (as a percent)		0.00%	0.00%
Awards granted, vesting period (in years)	3 years
American Outdoor Brands, Inc.
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant date fair market value (in dollars per share)		$ 7.89	$ 8.79
Volatility (as a percent)		48.15%	45.53%
Russell 2000 Index
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant date fair market value (in dollars per share)		$ 1,980.23	$ 1,769.21
Volatility (as a percent)		22.98%	27.08%

Commitments and Contingencies

12 Months Ended

Apr. 30, 2026

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Contracts

Employment Agreements — We have employment agreements with certain executive officers and managers that provide severance benefits upon qualifying terminations of employment, including termination without cause. These benefits generally include salary continuation and certain continued welfare benefits, and may also include accelerated vesting of specified equity awards. Certain agreements further provide enhanced benefits upon a qualifying termination following a change in control, including additional cash severance and accelerated vesting of outstanding equity awards.

Leases

The following summarizes our operating leases for office and/or manufacturing space:


Location of Lease						Expiration Date
Yangjiang, China						July 15, 2026
Shenzhen, China						September 30, 2028
Columbia, Missouri						November 26, 2038

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Apr. 30, 2026

Accounting Policies [Abstract]

Principles of Consolidation

Reclassifications

Use of Estimates

Fair Value of Financial Instruments

U.S. Tariff Developments

Cash and Cash Equivalents

Accounts Receivable and Allowance for Estimated Credit Losses

Inventories

Property, Plant, and Equipment


Description						Useful Life
Machinery and equipment						2 to 10 years
Computer and other equipment						2 to 7 years
Leasehold improvements						10 to 20 years

We include tooling, dies, furniture, and fixtures as part of machinery and equipment and depreciate them over a period generally not exceeding 10 years.

Intangible Assets

assets over their estimated useful lives or in proportion to expected yearly revenue generated from the intangibles that were acquired.

Valuation of Long-lived Assets

Revenue Recognition and Shipping and Handling

Revenue Recognition

Shipping and Handling

Cost of Goods Sold

Research and Development

Earnings/(Loss) Per Share

Stock-Based Compensation

Income Taxes

Concentrations of Credit Risk

Concentration of Credit Risk

Legal

Recently Adopted Accounting Standards

Recently Issued Accounting Standards

Segment Reporting

We analyze revenue streams in various ways, including customer group, brands, product categories, and customer channels. See also Note 2 – Summary of Significant Accounting Policies for more information on how we disaggregate our net sales.

The CODM uses consolidated net income to set budgets, evaluate margins, review actual results and in deciding whether to reinvest profits and cash flows into our business, repurchase our stock, pursue acquisitions, or make any other capital management decisions. Consolidated net income is the measure of segment profit most consistent with U.S. GAAP that is regularly reviewed by the CODM to allocate resources and assess performance.

Significant segment level expense information provided to the CODM is consistent with our consolidated statements of operations, as presented on the accompanying consolidated statements of operations.

The measure of segment assets is reported on the accompanying consolidated balance sheet as total assets.

Property, Plant, and Equipment (Tables)

12 Months Ended

Apr. 30, 2026

Property, Plant, and Equipment [Abstract]

Schedule of Property, Plant and Equipment

A summary of the estimated useful lives is as follows:


Description						Useful Life
Machinery and equipment						2 to 10 years
Computer and other equipment						2 to 7 years
Leasehold improvements						10 to 20 years

The following table summarizes property, plant, and equipment as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Machinery and equipment	$	24,201	$	24,087
Computer and other equipment	2,489		2,228
Leasehold improvements	1,850		1,753
	28,540		28,068
Less: Accumulated depreciation and amortization	(19,285)		(16,962)
	9,256		11,106
Construction in progress	71		125
Total property, plant, and equipment, net	$	9,327	$	11,231

Debt	12 Months Ended
Debt	Apr. 30, 2026
Debt Disclosure [Abstract]
Debt	Debt On August 24, 2020, we entered into a financing arrangement consisting of a $50.0 million revolving line of credit secured by substantially all our assets, maturing five years from the closing date, with available borrowings determined by a borrowing base calculation. The revolving line included an option to increase the credit commitment by an additional $15 million. On March 25, 2022, we amended our secured loan and security agreement, or the First Amended Loan and Security Agreement, increasing the revolving line of credit to $75 million, secured by substantially all our assets, maturing in March 2027, with available borrowings determined by a borrowing base calculation. The amendment also includes an option to increase the credit commitment by an additional $15 million. The amended revolving line bears interest at a fluctuating rate equal to the Base Rate or Secured Overnight Financing Rate, or SOFR, as applicable, plus the applicable margin. The applicable margin can range from a minimum of 0.25% to a maximum of 1.75% based on certain conditions as defined in the Amended Loan and Security Agreement. The financing arrangement contains covenants relating to minimum debt service coverage. On March 10, 2026, we amended our secured loan and security agreement, or the Third Amended Loan and Security Agreement, secured by substantially all our assets. The Third Amended Loan Agreement extended of the maturity date to March 2031, increases to the limits on permitted acquisitions, and a reduction of the covenant trigger threshold. Borrowing availability under the facility is subject to a borrowing base calculation. The financing arrangement also contains financial covenants, including a minimum debt service coverage ratio. We were in compliance with all financial covenants as of April 30, 2026. We recorded $258,000 of deferred financing costs, included in other assets on the consolidated balance sheet related to this amendment and are amortized over the term of the credit facility. As of April 30, 2026, we had no borrowings outstanding on the revolving line of credit. Had there been borrowings outstanding under the revolving credit facility as of April 30, 2026, the applicable interest rate would have been 5.16%, equal to SOFR plus the applicable margin. As of April 30, 2025, we had no borrowings outstanding on the revolving line of credit. During the year ended April 30, 2026, we borrowed $9.1 million on our revolving line of credit for general business purposes. Also, during the year ended April 30, 2026, we paid, in full, the $9.1 million of borrowings utilizing cash on hand. As of April 30, 2026 and 2025, we had executed irrevocable standby letters of credit totaling $7.8 and $1.7 million, respectively, to collateralize duty drawback and customs bonds. During the fiscal years ended April 30, 2026 and 2025, no amounts have been drawn on the letter of credit.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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+ Details

Intangible Assets - Additional Information (Details) - USD ($)	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Intangible Asset, Finite-Lived [Line Items]
Weighted-average period for amortization of intangible assets (in years)	5 years
Amortization expense of intangible assets	$ 8,400,000	$ 9,800,000	$ 13,100,000
Impairment charges for long-lived intangible assets	$ 0	$ 0	$ 0
Customer relationships
Intangible Asset, Finite-Lived [Line Items]
Weighted-average period for amortization of intangible assets (in years)	5 years
Developed software and technology
Intangible Asset, Finite-Lived [Line Items]
Weighted-average period for amortization of intangible assets (in years)	6 years
Patents, trademarks, and trade names
Intangible Asset, Finite-Lived [Line Items]
Weighted-average period for amortization of intangible assets (in years)	6 years

- Definition

Amount of amortization expense for finite-lived intangible asset. Excludes goodwill and capitalized cost for software to be sold, leased, or marketed.

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+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Commitments and Contingencies (Tables)

12 Months Ended

Apr. 30, 2026

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Leases for Office and Manufacturing Space

The following summarizes our operating leases for office and/or manufacturing space:


Location of Lease						Expiration Date
Yangjiang, China						July 15, 2026
Shenzhen, China						September 30, 2028
Columbia, Missouri						November 26, 2038

Other Current Assets (Details) $ in Millions	Apr. 30, 2026 USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Recovery receivable	$ 15.2

Equity - Schedule of Activity for Unvested RSUs and PSUs (Details) - Service-based RSUs and PSUs - $ / shares	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Total # of Restricted Stock Units
Outstanding, beginning of period (in shares)	700,953	624,093	560,579
Awarded (in shares)	359,419	377,176	396,098
Vested (in shares)	(332,455)	(250,059)	(212,636)
Forfeited (in shares)	(12,663)	(50,257)	(119,948)
Outstanding, end of period (in shares)	715,254	700,953	624,093
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, beginning of period (in dollars per share)	$ 9.48	$ 11.27	$ 13.36
Weighted average grant date fair value, awarded (in dollars per share)	10.83	8.40	8.69
Weighted average grant date fair value, vested (in dollars per share)	11.04	10.43	11.31
Weighted average grant date fair value, forfeited (in dollars per share)	9.39	19.19	12.46
Weighted average grant date fair value, end of period (in dollars per share)	$ 9.44	$ 9.48	$ 11.27

Self-Insurance Reserves

12 Months Ended

Apr. 30, 2026

Self Insurance Reserve [Abstract]

Self-Insurance Reserves

We are essentially self-insured through retentions or deductibles with stop-loss insurance for medical claims that reach a certain limit per claim. We record our liability for estimated incurred losses based on historical claim data in the accompanying consolidated financial statements on an undiscounted basis. While we believe these reserves to be adequate, it is possible that the ultimate liabilities will exceed such estimates.

The following table summarizes the activity related to self-insurance reserves in the fiscal years ended April 30, 2026 and 2025 (in thousands):


	For the years ended April 30,
	2026		2025
Beginning balance	$	321	$	359
Additional provisions charged to expense	2,594		2,365
Payments	(2,618)		(2,403)
Ending balance	$	298	$	321

Leases - Schedule of Assets and Liabilities Related to Operating Leases (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Operating Leases
Right-of-use assets	$ 37,516	$ 37,474
Accumulated amortization	(6,806)	(5,578)
Right-of-use assets, net	30,710	31,896
Lease liabilities, current portion	1,569	1,336
Lease liabilities, net of current portion	30,814	31,949
Total operating lease liabilities	$ 32,383	$ 33,284

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Apr. 30, 2026	Jun. 18, 2026	Oct. 31, 2025
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Current Fiscal Year End Date	--04-30
Document Period End Date	Apr. 30, 2026
Document Transition Report	false
Entity File Number	001-39366
Entity Registrant Name	American Outdoor Brands, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-4630928
Entity Address, Address Line One	1800 North Route Z
Entity Address, City or Town	Columbia
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65202
City Area Code	800
Local Phone Number	338-9585
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	AOUT
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 84,104,608
Entity Common Stock Shares Outstanding		12,507,120
Documents Incorporated by Reference	Portions of the registrant’s definitive proxy statement for the 2026 Annual Meeting of Stockholders are incorporated by reference into Part III of the Form 10-K.
Amendment Flag	false
Document Fiscal Year Focus	2026
Document Fiscal Period Focus	FY
Entity Central Index Key	0001808997

Subsequent Events (Details) $ in Millions	Jun. 25, 2026 USD ($)
Subsequent Event
Subsequent Event [Line Items]
Tariff refund receivable	$ 2.9

Summary of Significant Accounting Policies - Schedule of Geographic Makeup of Net Sales (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Disaggregation of Revenue [Line Items]
Total net sales	$ 190,536	$ 222,322	$ 201,099
$ Change	$ (31,786)
% Change	(14.30%)
Domestic
Disaggregation of Revenue [Line Items]
Total net sales	$ 179,911	207,834	189,027
$ Change	$ (27,923)
% Change	(13.40%)
International
Disaggregation of Revenue [Line Items]
Total net sales	$ 10,625	14,488	12,072
$ Change	$ (3,863)
% Change	(26.70%)
Canada
Disaggregation of Revenue [Line Items]
Total net sales	$ 5,538	6,282	5,111
$ Change	$ (744)
% Change	(11.80%)
Europe
Disaggregation of Revenue [Line Items]
Total net sales	$ 3,261	5,394	4,337
$ Change	$ (2,133)
% Change	(39.50%)
All others international
Disaggregation of Revenue [Line Items]
Total net sales	$ 1,825	$ 2,812	$ 2,624
$ Change	$ (987)
% Change	(35.10%)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

Fair Value Measurement (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Fair Value Disclosures [Abstract]
Cash and cash equivalents (Level 1)	$ 21,436	$ 23,423
Assets held for sale (Level 3)	$ 734	$ 0

- Definition

Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.

+ References + Details

Equity - Additional Information (Details)	12 Months Ended
Equity - Additional Information (Details)	Apr. 30, 2026 USD ($) shares	Apr. 30, 2025 USD ($) shares	Apr. 30, 2024 USD ($) shares	Sep. 30, 2025 USD ($)	Sep. 25, 2024 USD ($)	Oct. 02, 2023 USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program, authorized amount \| $				$ 10,000,000.0	$ 10,000,000.0	$ 10,000,000.0
Stock repurchase program, repurchased shares (in shares)	551,283	374,446
Stock repurchased using cash on hand \| $	$ 5,125,000	$ 3,842,000	$ 6,015,000
Available funds to repurchase common stock \| $	8,100,000
Stock-based compensation expense \| $	$ 3,100,000	$ 3,500,000	$ 4,100,000
Shares purchased by employees under employee stock purchase plan (in shares)	85,057	85,606
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting, number of shares (in shares)	1
Awarded (in shares)	227,413	278,764	319,847
Awards cancelled (in shares)	12,663	26,270	25,594
Market value of awards delivered in connection with vesting of RSUs \| $	$ 3,500,000	$ 2,200,000	$ 1,600,000
PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	3 years
Percentage of maximum aggregate award granted (as a percent)	200.00%
Percentage of stock outperform in order for target award to vest (as a percent)	5.00%
Cap placed on shares earned, multiplier of grant date fair value	6
Awards vested (in shares)	52,277		94,354
Maximum aggregate award percentage achieved (as a percent)	200.00%		200.00%
Awards cancelled (in shares)		23,987
Market value of awards delivered in connection with vesting of RSUs \| $	$ 3,500,000
Service-based RSUs and PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awarded (in shares)	359,419	377,176	396,098
Awards vested (in shares)	332,455	250,059	212,636
Awards cancelled (in shares)	12,663	50,257	119,948
Unvested awards, unrecognized compensation expense \| $	$ 1,400,000
Unvested awards, unrecognized compensation expense recognition period (in years)	1 year
Employee Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Employee stock purchase plan, purchase period, minimum employee subscription rate (as a percent)	0.01
Employee stock purchase plan, purchase period (in months)	12 months
Employee stock purchase plan, purchase period, maximum employee subscription rate (as a percent)	20.00%
Employee stock purchase plan, purchase period, purchase price of common stock (as a percent)	85.00%
Number of shares an employee may purchase under the stock purchase plan (in shares)	2,500
Employee stock purchase plan, purchase period, maximum employee subscription amount \| $	$ 25,000
Employees \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	4 years
Awards granted, vesting percentage (as percent)	25.00%
Directors \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	12 months
Awards granted, vesting percentage (as percent)	8.33333%
Executive Officers \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awarded (in shares)	79,729	98,412	103,475
Executive Officers \| PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awarded (in shares)	79,729,000	98,412	76,251
Maximum aggregate award value of shares (in shares)	159,458,000	152,502	152,502
Awards issued (in shares)	104,554
Non Executive Officer Employees \| Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awarded (in shares)	147,648	180,352	216,372
Executive Officers And Other Employees \| PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards issued (in shares)			0
2020 Incentive Compensation Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized to be issued as a percent of shares outstanding at the end of each fiscal year	0.02
Effective period of incentive plan (in years)	10 years
Shares of common stock remain available for issuance (in shares)	0
Stock options exercisable period (in years)	10 years
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	3 years
Percentage of maximum aggregate award granted (as a percent)	0.00%
Minimum \| 2020 Incentive Compensation Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	3 years
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards granted, vesting period (in years)	4 years
Percentage of maximum aggregate award granted (as a percent)	200.00%
Authorized sale of shares of common stock (in shares)	419,253
Maximum \| 2020 Incentive Compensation Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized to be newly issued (in shares)	1,397,510
Awards granted, vesting period (in years)	4 years

Income Taxes (Tables)

12 Months Ended

Apr. 30, 2026

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense/(Benefit) from Continuing Operations

Income tax expense/(benefit) from operations consists of the following (in thousands):


	For the Years Ended April 30,
	2026		2025		2024
Current:
Federal (a)	$	(8)	$	48	$	5
State (b)	48		64		(79)
Foreign	5		11		4
Total current	45		123		(70)
Deferred:
Deferred federal	—		—		—
Deferred state	—		—		—
Total deferred	—		—		—
Total income tax expense/(benefit)	$	45	$	123	$	(70)

_____________________________________________________________________

(a)Fiscal Year 2025 federal current expense is net of $875,000 tax benefit of operating loss carryforwards.

(b)Fiscal Year 2025 state current expense is net of $95,000 tax benefit of operating loss carryforwards.

Schedule of Reconciliation of Provision for Income Taxes from Continuing Operations


	April 30, 2026
	Amount		Percent
U.S Federal Statutory Tax Rate	$	(1,924)	21.0	%
State and Local Income Taxes, Net of Federal Income Tax Effect (c)	36		(0.4)	%
Foreign Tax Effects
China
Statutory tax rate Difference between China and United States	(24)		0.3	%

Effects of Cross-Border Tax Laws
Global intangible low-tax income	20		(0.2)	%
Tax Credits
Research & Development Credits	(151)		1.6	%
Changes in Valuation Allowances	1,565		(17.1)	%
Nontaxable or Nondeductible Items
Stock Compensation	(104)		1.1	%
Executive compensation limitation	550		(6.0)	%
Other	77		(0.8)	%

Effective Tax Rate	45		(0.5)	%


	For the Years Ended April 30,
		2025		2024
Federal income taxes expected at the statutory rate		$	10	$	(2,587)
State income taxes, less federal income tax benefit		14		(132)
Stock compensation		249		436
Research and development tax credit		(149)		(203)

Change in deferred tax valuation allowance		(192)		2,257
Other		191		159
Total income tax expense/(benefit)		$	123	$	(70)

_____________________________________________________________________

income tax effect category.

Schedule of Deferred Tax Assets (Liabilities) Related to Temporary Differences

Deferred tax assets (liabilities) related to temporary differences are the following (in thousands):


	April 30, 2026		April 30, 2025
Non-current tax assets (liabilities):
Inventories	$	1,380	$	1,321
Accrued expenses, including compensation	1,189		2,261

Workers' compensation	—		13
Warranty reserve	309		322
Stock-based compensation	956		991
State bonus depreciation	34		56
Property, plant, and equipment	(1,438)		(1,974)
Intangible assets	10,056		11,059
Right-of Use assets	(7,145)		(7,401)
Right-of Use lease liabilities	7,536		7,724
Capitalized R&D	1,875		2,649
Assets held for sale	802		—
Other	(108)		(182)
Loss and credit carryforwards	5,445		2,267
Less valuation allowance	(20,891)		(19,106)
Net deferred tax asset/(liability) — total	$	—	$	—

Schedule of Cash Paid for Income Taxes (Net of Refunds)

Cash paid for income taxes (net of refunds) by jurisdiction for the year ended April 30, 2026 as reported in the consolidated financial statements, after the adoption of ASU 2023-09 is as follows:


	For the Year Ended April 30,
	2026
Jurisdiction	(In thousands)
Federal	$	—
State	103
Foreign	5

Cash paid for income taxes (net of refunds) exceeded five percent of total taxes paid (net of refunds) in the following states:


	For the Year Ended April 30,
	2026
State	(In thousands)
California	$	(7)
Kentucky	5
North Carolina	10
New York	11
Tennessee	37
Texas	33

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Apr. 30, 2026
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Segment Reporting	12 Months Ended
Segment Reporting	Apr. 30, 2026
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting We have evaluated our operations under ASC 280-10-50-1 – Segment Reporting and have concluded that we are operating as one segment based on several key factors, including the reporting and review process used by the chief operating decision maker, or CODM, who reviews only consolidated financial information and makes decisions to allocate resources based on those financial statements. Our CODM is our Chief Executive Officer. We analyze revenue streams in various ways, including customer group, brands, product categories, and customer channels. See also Note 2 – Summary of Significant Accounting Policies for more information on how we disaggregate our net sales. The CODM uses consolidated net income to set budgets, evaluate margins, review actual results and in deciding whether to reinvest profits and cash flows into our business, repurchase our stock, pursue acquisitions, or make any other capital management decisions. Consolidated net income is the measure of segment profit most consistent with U.S. GAAP that is regularly reviewed by the CODM to allocate resources and assess performance. Significant segment level expense information provided to the CODM is consistent with our consolidated statements of operations, as presented on the accompanying consolidated statements of operations. The measure of segment assets is reported on the accompanying consolidated balance sheet as total assets.

- Definition

The entire disclosure for segment reporting.

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-Topic 280
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-URI https://asc.fasb.org/280/tableOfContent

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-Topic 280
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+ Details

Income Taxes - Schedule of Income Tax Expense/(Benefit) from Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Current:
Federal	$ (8)	$ 48	$ 5
State	48	64	(79)
Foreign	5	11	4
Total current	45	123	(70)
Deferred:
Deferred federal	0	0	0
Deferred state	0	0	0
Total deferred	0	0	0
Total income tax expense/(benefit)	$ 45	123	$ (70)
Federal operating loss carryforward tax benefit		875,000
State operating loss carryforward tax benefit		$ 95,000

Assets Held for Sale - Schedule of Major Classes of Assets Included in the Disposal Group (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]
Inventory	$ 3,395
Long-lived intangible asset	788
Other	(16)
Impairment charge	(3,433)
Carrying value	$ 734	$ 0

- Definition

Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.

+ References + Details

Accrued Expenses (Details) - USD ($) $ in Thousands	Apr. 30, 2026	Apr. 30, 2025
Payables and Accruals [Abstract]
Accrued freight, tariff, and duty	$ 5,114	$ 6,379
Accrued professional fees	1,899	1,065
Accrued commissions	1,628	1,694
Accrued sales allowances	1,504	1,865
Accrued warranty	1,337	1,392
Accrued other	748	553
Accrued taxes other than income	503	563
Accrued employee benefits	480	362
Total accrued expenses	$ 13,212	$ 13,872

Summary of Significant Accounting Policies - Schedule of Change in Accrued Warranties (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 1,392	$ 1,243	$ 966
Warranties issued and adjustments to provisions	1,207	1,853	1,569
Warranty claims	(1,262)	(1,704)	(1,292)
Ending balance	$ 1,337	$ 1,392	$ 1,243

Equity - Schedule of Valuation Assumptions Used for Employee Stock Purchase Plan (Details) - Employee Stock	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Risk-free interest rate (as a percent)		4.23%
Risk-free interest rate, minimum (as a percent)	3.72%		5.46%
Risk-free interest rate, maximum (as a percent)	3.80%		5.53%
Expected term	6 months	6 months
Volatility (as a percent)		60.70%
Expected volatility, minimum (as a percent)	44.70%		43.20%
Expected volatility, maximum (as a percent)	61.10%		48.90%
Dividend yield (as a percent)	0.00%	0.00%	0.00%
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term			6 months
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term			12 months

Self-Insurance Reserves (Tables)

12 Months Ended

Apr. 30, 2026

Self Insurance Reserve [Abstract]

Schedule of Activity Related to Self-Insurance Reserves

The following table summarizes the activity related to self-insurance reserves in the fiscal years ended April 30, 2026 and 2025 (in thousands):


	For the years ended April 30,
	2026		2025
Beginning balance	$	321	$	359
Additional provisions charged to expense	2,594		2,365
Payments	(2,618)		(2,403)
Ending balance	$	298	$	321

Assets Held for Sale (Tables)

12 Months Ended

Apr. 30, 2026

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Major Classes of Assets Included in the Disposal Group

The carrying amounts of the major classes of assets included in the Disposal Group were as follows (in thousands):


	April 30, 2026
Inventory	$	3,395
Long-lived intangible asset	788
Other	(16)
Impairment charge	(3,433)
Carrying value	$	734

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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-Topic 360
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-Section 50
-Paragraph 3
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-URI https://asc.fasb.org/1943274/2147482099/360-10-50-3

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-Section S99
-Paragraph 3
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-URI https://asc.fasb.org/1943274/2147480781/205-20-S99-3

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+ Details

Inventory

12 Months Ended

Apr. 30, 2026

Inventory Disclosure [Abstract]

Inventory

The following table sets forth a summary of inventories stated at lower of cost or net realizable value, as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Finished goods	$	85,223	$	96,105
Finished parts	1,624		2,680
Work in process	107		306
Raw material	4,935		5,626
Total inventories	$	91,889	$	104,717

Intangible Assets

12 Months Ended

Apr. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Assets

The following table summarizes intangible assets as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026						April 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	77,380	$	(73,516)	$	3,864	$	89,980	$	(82,623)	$	7,357
Developed software and technology	28,354		(24,076)		4,278		28,155		(22,238)		5,917
Patents, trademarks, and trade names	70,504		(57,775)		12,730		70,060		(53,966)		16,094
	176,239		(155,367)		20,872		188,195		(158,827)		29,368
Patents and software in development	2,225		—		2,225		1,612		—		1,612
Total definite-lived intangible assets	178,463		(155,367)		23,097		189,807		(158,827)		30,981
Indefinite-lived intangible assets	430		—		430		430		—		430
Total intangible assets	$	178,894	$	(155,367)	$	23,527	$	190,237	$	(158,827)	$	31,411

We amortize definite-lived intangible assets with determinable lives over a weighted-average period of approximately five years. The weighted-average periods of amortization by intangible asset class is approximately five years for customer relationships, six years for developed software and technology, and six years for patents, trademarks, and trade names. Amortization expense amounted to $8.4 million, $9.8 million, and $13.1 million for the fiscal years ended April 30, 2026, 2025, and 2024, respectively.

The following table represents future expected amortization expense as of April 30, 2026 (in thousands):


Fiscal	Amount
2027	$	5,859
2028	4,482
2029	3,048
2030	2,307
2031	1,449
Thereafter	3,727
Total	$	20,872

We did not record any impairment charges for long-lived intangible assets in the fiscal years ended April 30, 2026, 2025, and 2024, respectively.

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained (Deficit)/Earnings	Treasury Stock
Balance, beginning of period (in shares) at Apr. 30, 2023		14,447,000
Balance, beginning of period at Apr. 30, 2023	$ 191,864	$ 14	$ 272,784	$ (62,375)	$ (18,559)
Balance, beginning of period (in shares) at Apr. 30, 2023					1,214,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(12,248)			(12,248)
Stock-based compensation	4,075		4,075
Shares issued under employee stock purchase plan (in shares)		92,000
Shares issued under employee stock purchase plan	671		671
Issuance of common stock under restricted stock unit awards, net of tax (in shares)		162,000
Issuance of common stock under restricted stock unit awards, net of tax	(422)	$ 1	(423)
Repurchase of treasury stock (in shares)					689,000
Repurchase of treasury stock	(6,015)				$ (6,015)
Balance, end of period (in shares) at Apr. 30, 2024		14,701,000
Balance, end of period at Apr. 30, 2024	177,925	$ 15	277,107	(74,623)	$ (24,574)
Balance, end of period (in shares) at Apr. 30, 2024					1,903,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(77)			(77)
Stock-based compensation	3,500		3,500
Shares issued under employee stock purchase plan (in shares)		86,000
Shares issued under employee stock purchase plan	628		628
Issuance of common stock under restricted stock unit awards, net of tax (in shares)		187,000
Issuance of common stock under restricted stock unit awards, net of tax	(524)	$ 0	(524)
Repurchase of treasury stock (in shares)					375,000
Repurchase of treasury stock	$ (3,842)				$ (3,842)
Balance, end of period (in shares) at Apr. 30, 2025	12,696,356	14,974,000
Balance, end of period at Apr. 30, 2025	$ 177,610	$ 15	280,711	(74,700)	$ (28,416)
Balance, end of period (in shares) at Apr. 30, 2025	2,277,861				2,278,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	$ (9,208)			(9,208)
Stock-based compensation	3,071		3,071
Shares issued under employee stock purchase plan (in shares)		85,000
Shares issued under employee stock purchase plan	620		620
Issuance of common stock under restricted stock unit awards, net of tax (in shares)		229,000
Issuance of common stock under restricted stock unit awards, net of tax	(1,075)		(1,075)
Repurchase of treasury stock (in shares)					551,000
Repurchase of treasury stock	$ (5,125)				$ (5,125)
Balance, end of period (in shares) at Apr. 30, 2026	12,459,004	15,288,000
Balance, end of period at Apr. 30, 2026	$ 165,893	$ 15	$ 283,327	$ (83,908)	$ (33,541)
Balance, end of period (in shares) at Apr. 30, 2026	2,829,144				2,829,000

Income Taxes - Schedule of Reconciliation of Provision for Income Taxes from Continuing Operations Previous Fiscal Year (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Income Tax Disclosure [Abstract]
U.S Federal Statutory Tax Rate	$ (1,924)	$ 10	$ (2,587)
State income taxes, less federal income tax benefit	36	14	(132)
Stock compensation	(104)	249	436
Research and development tax credit	(151)	(149)	(203)
Change in deferred tax valuation allowance	1,565	(192)	2,257
Other		191	159
Total income tax expense/(benefit)	$ 45	$ 123	$ (70)

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
-Section 50
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/exampleRef
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Reference 4: http://www.xbrl.org/2003/role/exampleRef
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-Section 55
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-URI https://asc.fasb.org/1943274/2147476153/220-40-55-4

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+ Details

Employer Sponsored Benefit Plans	12 Months Ended
Employer Sponsored Benefit Plans	Apr. 30, 2026
Retirement Benefits [Abstract]
Employer Sponsored Benefit Plans	Employer Sponsored Benefit Plans Contributory Defined Investment Plan — Our employees participate in a contributory defined investment plan, subject to service requirements. Under the terms of the plan, employees may contribute from 1% to 30% of their annual pay and we generally make discretionary matching contributions of up to 50% of the first 6% of employee contributions to the plan. We contributed $540,000, $546,000, and $438,000 for the fiscal years ended April 30, 2026, 2025, and 2024, respectively. Non-Contributory Profit-Sharing Plan — Our employees participate in our non-contributory profit-sharing plan upon meeting certain eligibility requirements. Employees become eligible on May 1 following the completion of a full fiscal year of continuous service. Our contributions to the plan are discretionary. We did not contribute to the plan for the fiscal years 2026, 2025, or 2024. Contributions are funded after the fiscal year-end.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

+ Details

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Apr. 30, 2026
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We have implemented a set of comprehensive cybersecurity and data protection policies and procedures placing special interest in addressing cybersecurity threats and effectively managing associated risks. Our cybersecurity program is designed to identify, assess, and proactively manage material risk from cybersecurity threats, which are integrated into our overall risk management systems, as overseen by the Company’s Board of Directors, primarily through its Audit Committee. Risks from cybersecurity threats are regularly evaluated as a part of our broader risk management activities and as a fundamental component of our internal control system. Our information technology program is led by our Director of Information Technology, who strives to monitor and mitigate risks from cybersecurity threats and provides reporting to the Audit Committee. Our approach to cybersecurity is not a one-time effort but an ongoing process. We engage in monitoring, risk assessments, and robust security measures designed to ensure the confidentiality, integrity, and availability of our information systems, including critical computer networks, hosted services, communication systems, hardware, and software and to protect critical data, including our employees’ and customers’ data, intellectual property, confidential and proprietary data, and strategic competitive information. We address cybersecurity challenges and enhance our overall risk management efforts by adopting and working to integrate recognized best practices, standards, and controls utilizing guidelines from the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF) for our protection and prevention of cybersecurity, risk management, data backup, and disaster recovery. Our cybersecurity program includes some key aspects such as (i) a Cybersecurity Leader who oversees our day-to-day program, (ii) outsourced information technology firm and consultants with significant expertise in cybersecurity (iii) an incident response team comprised of a cross-section of management with oversight over our programs, (iv) incident detection and response policies, (v) ongoing security awareness training programs for all employees, and (vi) a dedicated security administrator position to oversee any alerts or suspicious activity reported across the enterprise. We maintain a practical approach to cybersecurity. Our cybersecurity risk management program (an integral part of our overall Enterprise Risk Management Program) is designed to incorporate guidance from NIST CSF and other industry best practices. Within our program, we conduct internal and external security-based activities, including reviews and assessments of our third-party service providers and vendors. Our employees receive a formal cybersecurity awareness training on an annual basis, including specific topics related to social engineering and email frauds. Detailed activities include: •Continuous Monitoring and Detection: Leveraging industry leading technologies to detect and alert on any suspicious activity across the enterprise to prevent and minimize cybersecurity attacks; •Information Security Assessments: Collaborating with internal and external partners to evaluate our data and network security; •Vulnerability Scanning and Penetration Testing: Engaging third-party service providers to assess internal and external vulnerabilities and potential threats; •Cyber Risk Register Reviews: Regularly reviewing our internal risk register to remain fully informed and prepared to address potential and identified risks; •Risk Prioritization: Prioritizing and addressing risks through our dedicated cybersecurity risk management program and cybersecurity council; •Periodic education and testing of our employees via targeting phishing simulations, monthly optional cybersecurity training courses, and a variety of digital and print signage; •Annual Third-Party SOC Reviews: Ensuring that our financially critical service partners maintain effective internal controls, including access controls, change management, backup, and disaster recovery planning; and •Tabletop Exercises and Event Simulations: Engaging all employees across the company to build awareness, education, and enhance our cyber response posture and the collective team decision-making processes.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We have implemented a set of comprehensive cybersecurity and data protection policies and procedures placing special interest in addressing cybersecurity threats and effectively managing associated risks. Our cybersecurity program is designed to identify, assess, and proactively manage material risk from cybersecurity threats, which are integrated into our overall risk management systems, as overseen by the Company’s Board of Directors, primarily through its Audit Committee. Risks from cybersecurity threats are regularly evaluated as a part of our broader risk management activities and as a fundamental component of our internal control system. Our information technology program is led by our Director of Information Technology, who strives to monitor and mitigate risks from cybersecurity threats and provides reporting to the Audit Committee.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Our Board of Directors has assigned oversight of cybersecurity risk management to the Audit Committee. The Audit Committee regularly receives reports from management, including IT leadership, and third parties on cybersecurity matters.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our Board of Directors has assigned oversight of cybersecurity risk management to the Audit Committee. The Audit Committee regularly receives reports from management, including IT leadership, and third parties on cybersecurity matters.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	As noted above, the Audit Committee regularly receives reports on cybersecurity matters from senior IT leadership.
Cybersecurity Risk Role of Management [Text Block]	IT leadership is responsible for developing appropriate cybersecurity programs, including as may be required by applicable law or regulation. This includes the coordination and creation of an Incident Response Policy, Incident Response Team, and Incident Response Plan in the event of a cybersecurity event. The AOB Incident Response policy covers our internal program and guidelines. The incident response team is composed of various stakeholders from all necessary aspects of the business, and the plan includes the steps to follow and communications necessary if/when a cybersecurity event occurs.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	IT leadership is responsible for developing appropriate cybersecurity programs, including as may be required by applicable law or regulation. This includes the coordination and creation of an Incident Response Policy, Incident Response Team, and Incident Response Plan in the event of a cybersecurity event. The AOB Incident Response policy covers our internal program and guidelines. The incident response team is composed of various stakeholders from all necessary aspects of the business, and the plan includes the steps to follow and communications necessary if/when a cybersecurity event occurs. The individual incident response team members represent expertise in IT, cybersecurity, public/investor relations, finance, and operations that has been obtained generally from a combination of education and awareness, including relevant degrees and/or certifications, and work experience. The Director of IT has served in various roles in information technology and information security for over 30 years, including serving in technical management and leadership positions in multiple verticals. The Director of IT holds undergraduate and graduate degrees in computer science and has attained several recognized network and security certifications throughout their career. The individual incident response team members are informed by their respective cybersecurity teams regarding the monitoring, prevention, detection, mitigation and remediation of cybersecurity incidents as part of the cybersecurity programs described above.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The Director of IT has served in various roles in information technology and information security for over 30 years, including serving in technical management and leadership positions in multiple verticals. The Director of IT holds undergraduate and graduate degrees in computer science and has attained several recognized network and security certifications throughout their career.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Information regarding cybersecurity risks may be elevated by IT leadership through a variety of channels, including discussions between or among key leaders and our management and reports to the Company’s Board of Directors and/or certain Board committees. When a cybersecurity incident is detected, we conduct an immediate assessment, determine materiality, and take appropriate actions as described above. This process is also followed when we are notified that a supplier has a cybersecurity incident.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Audit Information	12 Months Ended
Audit Information	Apr. 30, 2026
Audit Information [Abstract]
Auditor Firm ID	248
Auditor Name	GRANT THORNTON LLP
Auditor Location	Boston, Massachusetts

Accrued Expenses

12 Months Ended

Apr. 30, 2026

Payables and Accruals [Abstract]

Accrued Expenses

The following table sets forth other accrued expenses as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026		April 30, 2025
Accrued freight, tariff, and duty	$	5,114	$	6,379
Accrued professional fees	1,899		1,065
Accrued commissions	1,628		1,694
Accrued sales allowances	1,504		1,865
Accrued warranty	1,337		1,392
Accrued other	748		553
Accrued taxes other than income	503		563
Accrued employee benefits	480		362
Total accrued expenses	$	13,212	$	13,872

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Operating Loss Carryforwards [Line Items]
Income taxes (net of refunds)	$ 108,000	$ 100,000	$ (978,000)
Deferred tax assets valuation allowance	$ 20,891,000	$ 19,106,000
Effective tax rate (as a percent)	(0.50%)	267.40%	0.60%
Gross tax-effected unrecognized tax benefits	$ 0	$ 0
Federal
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	20,600,000
Research and development credits	533,000
Deferred tax assets net operating loss carryforwards	4,300,000
State
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	12,200,000
Deferred tax assets net operating loss carryforwards	586,000
NOL carryforwards subject to expiration	7,700,000
NOL carryforwards carried forward indefinitely	$ 4,500,000

Summary of Significant Accounting Policies - Schedule of Net Sales in Product Categories (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Disaggregation of Revenue [Line Items]
Total net sales	$ 190,536	$ 222,322	$ 201,099
$ Change	$ (31,786)
% Change	(14.30%)
Shooting sports
Disaggregation of Revenue [Line Items]
Total net sales	$ 80,054	95,200	91,716
$ Change	$ (15,146)
% Change	(15.90%)
Outdoor lifestyle
Disaggregation of Revenue [Line Items]
Total net sales	$ 110,482	$ 127,122	$ 109,383
$ Change	$ (16,640)
% Change	(13.10%)

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Apr. 30, 2026
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Income Taxes - Schedule of Reconciliation of Provision for Income Taxes from Continuing Operations For Current Fiscal Year (Details) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Amount
U.S Federal Statutory Tax Rate	$ (1,924)	$ 10	$ (2,587)
State and Local Income Taxes, Net of Federal Income Tax Effect	36	14	(132)
Global intangible low-tax income	20
Research & Development Credits	(151)	(149)	(203)
Changes in Valuation Allowances	1,565	(192)	2,257
Stock compensation	(104)	249	436
Executive compensation limitation	550
Other	77
Total income tax expense/(benefit)	$ 45	$ 123	$ (70)
Percent
U.S Federal Statutory Tax Rate	21.00%
State and Local Income Taxes, Net of Federal Income Tax Effect (c)	(0.40%)
Global intangible low-tax income	(0.20%)
Research & Development Credits	1.60%
Changes in Valuation Allowances	(17.10%)
Stock Compensation	1.10%
Executive compensation limitation	(6.00%)
Other	(0.80%)
Effective Tax Rate	(0.50%)	267.40%	0.60%
CHINA
Amount
Statutory tax rate Difference between China and United States	$ (24)
Percent
Statutory tax rate Difference between China and United States	0.30%

Fair Value Measurement

12 Months Ended

Apr. 30, 2026

Fair Value Disclosures [Abstract]

Fair Value Measurement

We follow the provisions of ASC 820-10, Fair Value Measurements and Disclosures Topic, or ASC 820-10, for our financial assets and liabilities. Certain nonfinancial assets, including assets held for sale, are measured at fair value on a nonrecurring basis when events or changes in circumstances indicate that the carrying value may not be recoverable or when classification as held for sale is appropriate. ASC 820-10 provides a framework for measuring fair value under GAAP and requires expanded disclosures regarding fair value measurements. ASC 820-10 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820-10 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs, where available, and minimize the use of unobservable inputs when measuring fair value.

Financial assets and liabilities recorded on the accompanying consolidated balance sheets are categorized based on the inputs to the valuation techniques as follows:

Level 1 — Financial assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market that we have the ability to access at the measurement date (examples include active exchange-traded equity securities, listed derivatives, and most U.S. Government and agency securities).

Cash and cash equivalents are reported at fair value based on market prices for identical assets in active markets, and therefore classified as Level 1 of the value hierarchy. Our cash and cash equivalents, which are measured at fair value on a recurring basis, as of April 30, 2026 and 2025, which would be the maximum amount of loss subject to credit risk.

Level 2 — Financial assets and liabilities whose values are based on quoted prices in markets in which trading occurs infrequently or whose values are based on quoted prices of instruments with similar attributes in active markets. Level 2 inputs include the following:

•quoted prices for identical or similar assets or liabilities in non-active markets (such as corporate and municipal bonds which trade infrequently);

•inputs other than quoted prices that are observable for substantially the full term of the asset or liability (such as interest rate and currency swaps); and

•inputs that are derived principally from or corroborated by observable market data for substantially the full term of the asset or liability (such as certain securities and derivatives).

Level 3 — Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect our assumptions about the assumptions a market participant would use in pricing the asset or liability. The fair value of the Disposal Group as disclosed in Note 16 - Assets Held for Sale and the table below (in thousands), was determined using Level 3 inputs under the fair value hierarchy. Fair values were estimated using discounted cash flow analysis using significant assumptions including projected cash flows of the brand, terminal growth rates, discount rates, and market-based revenue multiples observed in comparable transactions.


	April 30, 2026		April 30, 2025
Cash and cash equivalents (Level 1)	$	21,436	$	23,423
Assets held for sale (Level 3)	734		—

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Name Accounting Standards Codification
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-Paragraph 2
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Assets Held for Sale

12 Months Ended

Apr. 30, 2026

Discontinued Operations and Disposal Groups [Abstract]

Assets Held for Sale

On December 12, 2025, our Board of Directors approved a plan to divest our ust branded product line (the “Disposal Group”). The Disposal Group consists primarily of inventory and long-lived intangible assets associated with the brand. We expect to complete the divestiture within twelve months.

The Disposal Group does not represent a strategic shift that will have a major effect on our operations or financial results. We concluded that the Disposal Group met the criteria for classification as held for sale under ASC 360-10 – Property, Plant, and Equipment during fiscal 2026 and does not qualify as discontinued operations under ASC 205-20 – Presentation of Financial Statements. The results of the Disposal Group will continue to be reported within continuing operations.

Upon classification as held for sale, we measured the Disposal Group at the lower of its carrying amount or fair value less costs to sell. Based on our estimate of fair value using the income approach, we determined that the carrying value exceeded the fair value less costs to sell and recorded a non-cash impairment charge of $3.4 million during fiscal 2026 included within operating income in the Condensed Consolidated Statements of Operations.

The carrying amounts of the major classes of assets included in the Disposal Group were as follows (in thousands):


	April 30, 2026
Inventory	$	3,395
Long-lived intangible asset	788
Other	(16)
Impairment charge	(3,433)
Carrying value	$	734

The impairment was allocated to the assets within the Disposal Group in accordance with ASC 360.

The fair value of the Disposal Group was determined using Level 3 inputs under the fair value hierarchy in ASC 820 – Fair Value Measurement. Fair values were estimated using discounted cash flow analysis using significant assumptions including projected cash flows of the brand, terminal growth rates, discount rates, and market-based revenue multiples observed in comparable transactions. Costs to sell were estimated based on expected transaction-related fees and other incremental costs.

We will reassess the fair value of the Disposal Group at each reporting date until the transaction is completed. Any subsequent adjustments to fair value less costs to sell will be recognized in earnings in the period in which they are identified.

Equity (Tables)

12 Months Ended

Apr. 30, 2026

Equity [Abstract]

Schedule of Valuation Assumptions Used for Performance Stock Units

We incorporated the following variables into the valuation model for the periods ended April 30, 2025 and April 30, 2024 (awards in our prior fiscal years):


	For the years ended April 30,
		2025			2024
Grant date fair market value
American Outdoor Brands, Inc.		$	7.89		$	8.79
Russell 2000 Index		$	1,980.23		$	1,769.21
Volatility (a)
American Outdoor Brands, Inc.		48.15		%	45.53		%
Russell 2000 Index		22.98		%	27.08		%
Correlation coefficient (b)		0.36			0.48
Risk-free interest rate (c)		4.73		%	3.81		%
Dividend yield (d)		0		%	0		%

_____________________________________________________________________

(a)Expected volatility is calculated based on a peer group over the most recent period that represents the remaining term of the performance period as of the valuation date, or three years.

(b)The correlation coefficient utilizes the same historical price data used to develop the volatility assumptions.

(c)The risk-free interest rate is based on the yield of a zero-coupon U.S. Treasury bill, commensurate with the three-year performance period.

(d)We do not expect to pay dividends in the foreseeable future.

Schedule of Activity for Unvested RSUs and PSUs

A summary of activity for unvested RSUs and PSUs under our 2020 Incentive Compensation Plan for the fiscal years ended April 30, 2026, 2025, and 2024 is as follows:


	For the years ended April 30,
	2026			2025			2024
	Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value		Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value		Total # of Restricted Stock Units	Weighted Average Grant Date Fair Value
RSUs and PSUs outstanding, beginning of period	700,953	$	9.48	624,093	$	11.27	560,579	$	13.36
Awarded	359,419	10.83		377,176	8.40		396,098	8.69
Vested	(332,455)	11.04		(250,059)	10.43		(212,636)	11.31
Forfeited	(12,663)	9.39		(50,257)	19.19		(119,948)	12.46
RSUs and PSUs outstanding, end of period	715,254	$	9.44	700,953	$	9.48	624,093	$	11.27

Schedule of Valuation Assumptions Used for Employee Stock Purchase Plan

The following assumptions were used in valuing ESPP purchases under our ESPP during the years ended April 30, 2026, 2025, and 2024:


	For the years ended April 30,
	2026		2025		2024
Risk-free interest rate	3.72% -3.80%		4.23	%	5.46% - 5.53%
Expected term	6 months		6 months		6 months - 12 months
Expected volatility	44.7% - 61.1%		60.7	%	43.2% - 48.9%
Dividend yield	0	%	0	%	0	%

Intangible Assets (Tables)

12 Months Ended

Apr. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Asset, Indefinite-Lived

The following table summarizes intangible assets as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026						April 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	77,380	$	(73,516)	$	3,864	$	89,980	$	(82,623)	$	7,357
Developed software and technology	28,354		(24,076)		4,278		28,155		(22,238)		5,917
Patents, trademarks, and trade names	70,504		(57,775)		12,730		70,060		(53,966)		16,094
	176,239		(155,367)		20,872		188,195		(158,827)		29,368
Patents and software in development	2,225		—		2,225		1,612		—		1,612
Total definite-lived intangible assets	178,463		(155,367)		23,097		189,807		(158,827)		30,981
Indefinite-lived intangible assets	430		—		430		430		—		430
Total intangible assets	$	178,894	$	(155,367)	$	23,527	$	190,237	$	(158,827)	$	31,411

Intangible Asset, Finite-Lived

The following table summarizes intangible assets as of April 30, 2026 and 2025 (in thousands):


	April 30, 2026						April 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	77,380	$	(73,516)	$	3,864	$	89,980	$	(82,623)	$	7,357
Developed software and technology	28,354		(24,076)		4,278		28,155		(22,238)		5,917
Patents, trademarks, and trade names	70,504		(57,775)		12,730		70,060		(53,966)		16,094
	176,239		(155,367)		20,872		188,195		(158,827)		29,368
Patents and software in development	2,225		—		2,225		1,612		—		1,612
Total definite-lived intangible assets	178,463		(155,367)		23,097		189,807		(158,827)		30,981
Indefinite-lived intangible assets	430		—		430		430		—		430
Total intangible assets	$	178,894	$	(155,367)	$	23,527	$	190,237	$	(158,827)	$	31,411

Schedule of Future Expected Amortization Expense

The following table represents future expected amortization expense as of April 30, 2026 (in thousands):


Fiscal	Amount
2027	$	5,859
2028	4,482
2029	3,048
2030	2,307
2031	1,449
Thereafter	3,727
Total	$	20,872

Income Taxes - Schedule of Cash Paid for Income Taxes (Net of Refunds) in State Jurisdiction (Details) $ in Thousands	12 Months Ended
	Apr. 30, 2026 USD ($)
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	$ 103
California
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	(7)
Kentucky
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	5
North Carolina
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	10
New York
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	11
Tennessee
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	37
Texas
Income Tax Paid, by Individual Jurisdiction [Line Items]
State	$ 33

Assets Held for Sale - Additional Information (Details) $ in Millions	12 Months Ended
	Apr. 30, 2026 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Non cash impairment charges	$ 3.4