v3.25.0.1

Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Jan. 31, 2025	Apr. 30, 2024
Current Assets:
Cash and cash equivalents (including short term investments of $26,005 and $4,136, respectively)	$ 26,816,000	$ 4,390,000
Equity securities	21,808,000	16,344,000
Available-for-sale Fixed Income securities	27,167,000	47,611,000
Accounts receivable, net of allowance for credit losses of $16 and $31, respectively	1,336,000	1,310,000
Prepaid and refundable income taxes	300,000	209,000
Prepaid expenses and other current assets	869,000	1,160,000
Total current assets	78,296,000	71,024,000
Long term assets:
Investment in EAM Trust	61,124,000	60,134,000
Restricted money market investments	305,000	305,000
Property and equipment, net	3,772,000	4,440,000
Capitalized software and other intangible assets, net	58,000	132,000
Total long term assets	65,259,000	65,011,000
Total assets	143,555,000	136,035,000
Current Liabilities:
Accounts payable and accrued liabilities	1,097,000	1,430,000
Accrued salaries	1,003,000	1,020,000
Dividends payable	2,825,000	2,827,000
Accrued taxes on income	0	7,000
Operating lease obligation-short term	1,254,000	1,206,000
Unearned revenue	16,634,000	15,764,000
Total current liabilities	22,813,000	22,254,000
Long term liabilities:
Unearned revenue	5,308,000	6,517,000
Operating lease obligation-long term	2,636,000	3,578,000
Deferred income taxes	13,848,000	12,893,000
Total long term liabilities	21,792,000	22,988,000
Total liabilities	44,605,000	45,242,000
Shareholders' Equity:
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares	1,000,000	1,000,000
Additional paid-in capital	991,000	991,000
Retained earnings	112,508,000	104,249,000
Treasury stock, at cost (584,036 shares and 577,517 shares, respectively)	15,468,000	15,194,000
Accumulated other comprehensive income, net of tax	(81,000)	(253,000)
Total shareholders' equity	98,950,000	90,793,000
Total liabilities and shareholders' equity	$ 143,555,000	$ 136,035,000

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

VALUE LINE INC 10-Q