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What changed 10-Q
Item 1. Legal Proceedings
2026-03-11 compared with 2025-12-10 · 2 added, 2 removed, 13 unchanged (24% of the section changed)
9 unchanged sentences
A court must approve the terms of the settlement before we will pay any amounts pursuant to the settlement.
−Removed: The parties are currently working on a written settlement agreement to present to the court for approval.
+Added: The parties executed a non-binding memorandum of understanding outlining the materials terms of a proposed settlement agreement and are working on a written settlement agreement consistent with the memorandum of understanding to present to the court for approval.
The estimated settlement was accrued in our consolidated statements of income(loss) for the year ended April 30, 2025.
1 unchanged sentence
It is not possible to predict the outcome of any legal proceeding with any certainty.
−Removed: The outcome or costs we incur in connection with a legal proceeding could adversely impact our operating results and financial position.
+Added: outcome or costs we incur in connection with a legal proceeding could adversely impact our operating results and financial position.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.