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CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2020
Apr. 30, 2019
Current assets:    
Cash $ 415,000 $ 58,000
Trade receivables, net 2,232,000 2,590,000
Contract assets 949,000 1,104,000
Inventories 3,594,000 3,054,000
Prepaid expenses 222,000 152,000
Total Current Assets 7,412,000 6,958,000
Land 265,000 265,000
Buildings and improvements 1,586,000 1,569,000
Equipment 4,362,000 4,045,000
Property, Plant and Equipment, gross, Total 6,213,000 5,879,000
Less accumulated depreciation 4,294,000 4,056,000
Property, plant and equipment, net 1,919,000 1,823,000
Operating right-of-use assets 2,075,000  
Deferred income taxes 34,000 34,000
Other assets 153,000 186,000
Total Assets 11,593,000 9,001,000
Current liabilities:    
Current maturities of long-term debt 667,000 1,121,000
Current maturities of operating lease liabilities 395,000  
Current maturities of finance lease liabilities 45,000  
Trade accounts payable 2,210,000 1,625,000
Accrued liabilities 535,000 824,000
Customer deposits 0 24,000
Total current liabilities 3,852,000 3,594,000
Long-term debt, less current maturities 795,000 801,000
Operating lease liabilities, less current maturities 1,945,000  
Total long-term debt 2,740,000 801,000
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 12,626,000 12,545,000
Accumulated deficit (7,685,000) (7,999,000)
Stockholders' Equity 5,001,000 4,606,000
Total Liabilities and Stockholders' Equity $ 11,593,000 $ 9,001,000