XML 31 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
3 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ 444,000 $ (43,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation cost amortized 27,000 27,000
Depreciation 92,000 84,000
Deferred income taxes   (15,000)
Changes in operating assets and liabilities:    
Trade receivables 122,000 174,000
Contract assets (69,000) (233,000)
Inventories (202,000) (539,000)
Prepaid expenses and other assets (199,000) 71,000
Operating lease right-of-use assets (53,000)  
Trade accounts payable 46,000 59,000
Accrued liabilities 511,000 218,000
Current and long-term operating lease liabilities (53,000)  
Customer deposits 2,000 (61,000)
Net cash used in operating activities 774,000 (258,000)
Cash flows from investing activities:    
Capital expenditures (116,000) (50,000)
Net cash used in investing activities (116,000) (50,000)
Cash flows from financing activities:    
Principal payments on long-term debt (7,000) (19,000)
Payments on capital lease obligations (16,000) (27,000)
Payments on line of credit (3,777,000)  
Proceeds from line of credit 3,437,000  
Net cash provided by financing activities (363,000) (46,000)
Net increase (decrease) in cash 295,000 (354,000)
Cash, beginning of period 58,000 575,000
Cash, end of period 353,000 221,000
Cash paid during the period for:    
Interest 27,000 $ 24,000
Capital leases reclassified from long-term debt to finance lease liabilities 98,000  
Deferred lease reclassified from accrued liabilities to operating right-of-use assets $ 206,000