CUSTOMER DEPOSITS

9 Months Ended

Jan. 31, 2019

CUSTOMER DEPOSITS

CUSTOMER DEPOSITS

NOTE 10 — CUSTOMER DEPOSITS

For certain customers, we collect payment at the time the order is placed.  These deposits are classified as a liability and will be recognized as revenue at the time of shipment in accordance with our revenue recognition policy.  As of January 31, 2019 and April 30, 2018, we had approximately $25,000 and $219,000, respectively, in customer deposits related to these arrangements.