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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (453,802) $ (2,642,890)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation and amortization expenses 651,636 736,823
(Gain) loss on disposition of equipment (423) 386,687
Provisions for obsolete inventories 56,435 653,505
Changes in operating assets and liabilities    
Accounts receivable (1,335,416) 317,355
Inventories 2,954,200 3,141,942
Prepaid expenses and other current assets (1,294,258) (3,560,027)
Accounts payable and accrued expenses 2,835,852 (1,488,413)
Taxes payable (51,645) 9,263
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 3,362,579 (2,445,755)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceed from disposal of equipment 4,960 8,028
Purchases of property and equipment (166,497) (150,258)
Purchases of land use rights 0 (2,055,960)
NET CASH USED IN INVESTING ACTIVITIES (161,537) (2,198,190)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from short term loans 0 1,008,096
Repayment of short term loans (560,128) 0
Advance from related parties 2,188 6,302,619
Repayment of related party advances (1,779) (3,541,521)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (559,719) 3,769,194
EFFECT OF EXCHANGE RATE ON CASH (188,490) 7,557
NET INCREASE (DECREASE) IN CASH 2,452,833 (867,194)
Cash at the beginning of period 321,193 1,565,829
Cash at the end of period 2,774,026 698,635
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION    
Cash paid for income taxes 0 0
Cash paid for interest 4,165 4,885
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Property and equipment acquired on credit as payable 1,459 30,773
Accrued interest enrolled into debt 445,319 0
Accrued interest payable to related party $ 11,096 $ 171,944