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Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2019
Apr. 30, 2018
Current assets:    
Cash and cash equivalents $ 17,087,917 $ 9,508,931
Restricted cash 3,218,463 2,369,063
Accounts receivable, net of allowances 670,425 345,403
Prepaid expenses 790,547 1,058,726
Inventory and other current assets 355,813 341,299
Assets held for sale 0 607,180
Total current assets 22,123,165 14,230,602
Real estate held for sale 750,000 750,000
Goodwill 14,092,154 14,092,154
Intangible assets, net of accumulated amortization 2,230,548 2,289,485
Property and equipment, net of accumulated depreciation 3,060,119 3,254,367
Deferred tax asset 604,012 704,044
Assets held for sale 0 13,597,772
Other assets 70,000 204,672
Total assets 42,929,998 49,123,096
Current liabilities:    
Accounts payable and accrued liabilities 1,661,782 1,350,263
Accrued payroll and related 1,402,010 1,810,626
Accrued player's club points and progressive jackpots 2,491,328 2,273,655
Liabilities held for sale 0 902,720
Total current liabilities 5,555,120 6,337,264
Long-term debt 0 7,895,240
Other long-term liabilities 594,249 637,207
Total liabilities 6,149,369 14,869,711
Stockholders' equity:    
Common stock, $0.12 par value per share; 50,000,000 shares authorized; 18,743,185 and 18,715,985 shares issued and 17,765,772 and 16,848,182 shares outstanding at January 31, 2019, and April 30, 2018, respectively. 2,356,037 2,245,927
Additional paid-in capital 29,643,178 27,557,151
Retained earnings 13,975,346 13,644,239
Treasury stock, 1,867,803 shares at January 31, 2019, and April 30, 2018, at cost. (9,193,932) (9,193,932)
Total stockholders' equity 36,780,629 34,253,385
Total liabilities and stockholders' equity $ 42,929,998 $ 49,123,096