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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,593,588) $ (5,249,275)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expenses 1,475,366 1,339,581
Allowance for doubtful accounts 0 13,051
Provisions for obsolete inventories 331,443 1,276,893
Loss on disposition of property and equipment 590,503 0
Changes in operating assets and liabilities    
Accounts receivable 151,365 1,195,885
Accounts receivable - related party 0 (2,585,789)
Inventories 6,994,959 (217,854)
Prepaid expenses and other current assets (2,174,918) 95,376
Accounts payable and accrued expenses (5,161,431) 1,890,082
Taxes payable 501,451 38,442
NET CASH USED IN OPERATING ACTIVITIES (1,884,850) (2,203,608)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (412,935) (765,549)
Purchases of land use rights (2,068,020) 0
Proceed from disposal of equipment 9,105 0
NET CASH USED IN INVESTING ACTIVITIES (2,471,850) (765,549)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from loans 2,628,506 20,792
Repayment of short-term loans (780,007) (922,255)
Advance from related parties 4,851,127 13,211,425
Repayment of related party advances (3,591,580) (9,017,852)
NET CASH PROVIDED BY FINANCING ACTIVITIES 3,108,046 3,292,110
EFFECT OF EXCHANGE RATE ON CASH 4,018 104,956
NET (DECREASE) INCREASE IN CASH (1,244,636) 427,909
Cash at the beginning of year 1,565,829 1,137,920
Cash at the end of year 321,193 1,565,829
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION    
Cash paid for interest 31,352 23,846
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Property and equipment acquired on credit as payable 3,543 6,243
Payment for equipment offsets part of rental income 0 54,860
Accrued interest enrolled into debt 213,866 203,126
Accrued interest payable to related party $ 22,215 $ 19,226