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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
Oct. 31, 2018
Apr. 30, 2018
Current assets:    
Cash $ 147,000 $ 575,000
Trade receivables, net 2,158,000 2,193,000
Inventories 3,289,000 2,362,000
Prepaid expenses 245,000 238,000
Contract assets 365,000  
Property held for sale 694,000 694,000
Total Current Assets 6,898,000 6,062,000
Buildings and improvements 1,114,000 616,000
Equipment 4,008,000 3,951,000
Property, Plant and Equipment, Gross, Total 5,122,000 4,567,000
Less accumulated depreciation 3,878,000 3,235,000
Property, plant and equipment, net 1,244,000 1,332,000
Deferred income taxes 68,000 68,000
Other assets 153,000 209,000
Total Assets 8,363,000 7,671,000
Current liabilities:    
Current maturities of long-term debt 925,000 1,706,000
Trade accounts payable 1,594,000 1,045,000
Accrued liabilities 1,077,000 817,000
Contract liabilities 27,000 219,000
Liabilities, Current 3,623,000 3,787,000
Long-term debt, less current maturities 841,000 130,000
Stockholders' equity:    
Common stock; par value $0.01; 6,000,000 shares authorized; 5,995,750 shares issued and outstanding 60,000 60,000
Capital in excess of par value 12,491,000 12,437,000
Accumulated deficit (8,652,000) (8,743,000)
Stockholders' Equity 3,899,000 3,754,000
Total Liabilities and Stockholders' Equity $ 8,363,000 $ 7,671,000