EARNINGS PER SHARE (Tables)

9 Months Ended

Jan. 31, 2025

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Reconciliation of the weighted average shares outstanding for basic and diluted earnings per share (“EPS”) for the three and nine months ended January 31, 2025 and 2024, respectively, were as follows:

	Periods ended January 31,
	Three months				Nine months
	2025		2024		2025		2024
Weighted average shares outstanding:
Basic EPS Shares outstanding (weighted average)		9,632,309		9,439,939		9,585,330		9,407,789
Effect of Dilutive Securities		**		**		3,496		**
Diluted EPS Shares outstanding		9,632,309		9,439,939		9,588,826		9,407,789

** For the three months ended January 31, 2025 and 2024, and the nine months ended January 31, 2024, dilutive securities are excluded from the calculation of EPS since the inclusion of such shares would be antidilutive. There were no shares excluded for the three months ended January 31, 2025. For the nine months ended January 31, 2025, 66,000 exercisable shares were excluded. For the three and nine months ended January 31, 2024, 86,000 exercisable shares were excluded.

FREQUENCY ELECTRONICS INC 10-Q