CUSTOMER DEPOSITS

9 Months Ended

Jan. 31, 2020

CUSTOMER DEPOSITS

CUSTOMER DEPOSITS

NOTE 12 — 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 performance obligations are satisfied in accordance with our revenue recognition policy.  As of January 31, 2020 we had no customer deposits, compared to April 30, 2019, when we had approximately $24,000 in customer deposits related to these arrangements.