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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Cash Flows from Operating Activities:    
Net Income $ 2,705,000 $ 2,374,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 125,000 117,000
(Gain) loss on sale of investments (213,000) 118,000
Unrealized (gain) loss on equity securities (1,346,000) (1,634,000)
Provision for credit losses on accounts receivable (13,000) 4,000
Reserve for obsolete inventory 4,000
Deferred income taxes 239,000 276,000
(Gain) on sale of assets 2,000 (8,000)
(Increase) decrease in:    
Accounts receivable (255,000) 431,000
Inventories 313,000 (521,000)
Prepaid expenses and other current assets (104,000) (482,000)
Other receivables 46,000 40,000
Income tax overpayment 304,000
Increase (decrease) in:    
Accounts payable (30,000) (50,000)
Accrued expenses and other current liabilities 125,000 2,000
Income tax payable 697,000
Net cash from operating activities 2,295,000 971,000
Cash Flows From Investing Activities:    
Proceeds from sale of assets 8,000
(Purchase) of property and equipment (105,000) (201,000)
Proceeds from sale of marketable securities 8,000 7,000
(Purchase) of marketable securities (212,000) (150,000)
Distribution from investment in limited land partnership 269,000
Net cash from investing activities (40,000) (336,000)
Cash Flows From Financing Activities:    
(Purchase) of treasury stock (22,000)
Dividends paid (2,000)
Net cash from financing activities (24,000)
Net Change in Cash and Cash Equivalents 2,255,000 611,000
Cash and Cash Equivalents, beginning of period 7,112,000 4,943,000
Cash and Cash Equivalents, end of period 9,367,000 5,554,000
Supplemental Disclosure for Cash Flow Information:    
Income taxes paid 0 0
Interest paid $ 1,000 $ 0