XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Cash flows from operating activities:    
Net loss $ (417,000) $ (671,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation cost amortized 81,000 81,000
Depreciation 253,000 233,000
Deferred income taxes   103,000
Changes in operating assets and liabilities:    
Trade receivables 742,000 94,000
Contract assets (901,000)  
Inventories (535,000) (214,000)
Prepaid expenses and other assets 116,000 13,000
Trade accounts payable 412,000 (415,000)
Accrued liabilities (147,000) 324,000
Customer deposits (194,000) (10,000)
Net cash provided (used) in operating activities (590,000) (462,000)
Cash flows from investing activities:    
Capital expenditures (108,000) (52,000)
Net cash used in investing activities (108,000) (52,000)
Cash flows from financing activities:    
Principal payments on long-term debt (1,671,000) (99,000)
Payments on capital lease obligations (53,000) (26,000)
Payments on line of credit 1,258,000  
Proceeds from long-term debt 859,000  
Proceeds from line of credit 2,286,000 750,000
Net cash provided by financing activities 163,000 625,000
Net increase (decrease) in cash (535,000) 111,000
Cash, beginning of period 575,000 298,000
Cash, end of period 40,000 409,000
Cash paid during the period for:    
Interest $ 81,298 53,000
Non-cash investing and financing activities:    
Equipment financed with proceeds from capital lease   $ 225,000