XML 24 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Oct. 31, 2011
Oct. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 1,486,328 $ 360,037
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations -    
Depreciation and amortization 936,544 601,181
Amortization (Supplemental Type Certificates) 43,586 56,192
Stock options issued to employees and directors 250,974 0
Loss on sale of fixed asset 0 43,450
Changes in assets and liabilities -    
Accounts receivable (51,386) 207,088
Inventories (319,361) (669,162)
Prepaid expenses and other current assets (376,691) (733,410)
Stock issue 0 77,500
Accounts payable 258,500 289,512
Customer deposits (420,768) (98,094)
Deposits other 0 (1,700,000)
Accrued liabilities (888,497) (818,294)
Gaming facility mandated payment (665,956) 1,198,906
Other liabilities 43,308 26,365
Cash flows from operating activities 296,581 (1,158,729)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,210,712) (1,297,006)
Proceeds from sale of land/other assets 0 39,000
Cash flows from investing activities (1,210,712) (1,258,006)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under line of credit, net 115,447 46,385
Contributed capital 5,000 0
Borrowings of promissory notes, long-term debt and capital lease obligations 727,745 1,211,659
Repayments of promissory notes, long-term debt and capital lease obligations (974,497) (861,400)
Cash flows from financing activities (126,305) 396,644
NET INCREASE (DECREASE) IN CASH (1,040,436) (2,020,091)
CASH, beginning of period 8,475,525 8,706,546
CASH, end of period 7,435,089 6,686,455
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 181,262 180,690
Income taxes paid 634,050 895,720
NON CASH OPERATING ACTIVITY    
Non cash options to employee $ 250,974 $ 0