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Condensed Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jan. 31, 2025
Jan. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 6,528,000 $ 5,558,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 363,000 364,000
(Gain) loss on sale of investments (890,000) 32,000
Impairment on investments 22,000
Unrealized (gain) on equity investments (1,505,000) (2,149,000)
Provision for credit losses on accounts receivable (18,000) (3,000)
Reserve for obsolete inventory 39,000 (51,000)
Deferred income taxes 264,000 787,000
(Gain) loss on sales of assets 2,000 (8,000)
(Increase) decrease in:    
Accounts receivable 193,000 (554,000)
Inventories 151,000 (594,000)
Prepaid expenses (106,000) 515,000
Other receivables 27,000 22,000
Federal solar tax credit receivable (2,375,000)
Income tax overpayment 88,000
Increase (decrease) in:    
Accounts payable 57,000 (164,000)
Deferred gain on solar tax credit 47,000
Accrued expense (63,000) 120,000
Income tax payable 460,000
Net cash from operating activities 3,174,000 3,985,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of assets 8,000
(Purchase) of property and equipment (359,000) (263,000)
Proceeds from sale of marketable securities 670,000 520,000
(Purchase) of marketable securities (806,000) (556,000)
Distribution from investment in limited land partnership 269,000 12,000
Net cash from investing activities (226,000) (279,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
(Purchase) of treasury stock (32,000) (364,000)
Dividends paid (4,448,000) (2,914,000)
Net cash from financing activities (4,480,000) (3,278,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS (1,532,000) 428,000
Cash and Cash Equivalents, beginning of period 7,112,000 4,943,000
Cash and Cash Equivalents, end of period 5,580,000 5,371,000
Supplemental Disclosure for Cash Flow Information:    
Income taxes 320,000 1,230,000
Interest paid 1,000
Cash receipts for:    
Income taxes $ 19,000