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CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2017
Apr. 30, 2016
Current assets:    
Cash $ 875,000 $ 1,846,000
Trade receivables, net 1,683,000 1,902,000
Inventories 2,642,000 1,703,000
Prepaid expenses and other current assets 222,000 202,000
Assets, Current 5,422,000 5,653,000
Land 265,000 265,000
Buildings and improvements 1,085,000 1,049,000
Equipment 3,447,000 3,145,000
Property, Plant and Equipment, Gross, Total 4,797,000 4,459,000
Less accumulated depreciation 3,333,000 3,139,000
Property, plant and equipment, net 1,464,000 1,320,000
Deferred income taxes 710,000 592,000
Other assets 170,000 115,000
Total Assets 7,766,000 7,680,000
Current liabilities:    
Current maturities of long-term debt 137,000 90,000
Trade accounts payable 904,000 764,000
Accrued liabilities 514,000 468,000
Customer deposits 14,000 29,000
Liabilities, Current 1,569,000 1,351,000
Long-term debt, less current maturities 479,000 468,000
Stockholders' equity:    
Common stock; par value $0.01; 6,000,000 shares authorized; as of January 31, 2017, there were 5,995,750 shares issued and outstanding; as of April 30, 2016, there were 5,615,750 shares issued and outstanding 60,000 60,000
Capital in excess of par value 12,301,000 12,277,000
Accumulated deficit (6,643,000) (6,467,000)
Treasury stock, at cost   (9,000)
Stockholders' Equity 5,718,000 5,861,000
Total Liabilities and Stockholders' Equity $ 7,766,000 $ 7,680,000