Note 3 - Financed Lease Right-of-use (Tables)

12 Months Ended

Apr. 30, 2020

Notes Tables

Lessee, Finance Lease, Right of Use Assets [Table Text Block]

	April 30, 2020		April 30, 2019
Finance lease right-of-use assets	$	44,349	$	1,699
Less accumulated depreciation		2,844		11
Total	$	41,505	$	1,688

Finance Lease, Liability, Fiscal Year Maturity [Table Text Block]

2021	$	5,236
2022		5,242
2023		5,287
2024		5,341
2025		5,267
Thereafter		59,618
Total minimum lease payments		85,991
Less amount representing interest		42,617
Present value of net minimum lease payments		43,374
Less current maturities of finance lease liability		1,163
Finance lease liability, net of current maturities	$	42,211

Accounting Standards Update and Change in Accounting Principle [Table Text Block]

Increase in depreciation	$	2,833
Increase in interest expense		4,167
Decrease in rent expense		(5,150	)
Decrease in net income for the year ended April 30, 2020	$	1,850