LEASES (Tables)

12 Months Ended

Apr. 30, 2020

LEASES

Schedule of operating and finance ROU assets and lease liabilities

	Balance Sheet Classification		2020
Assets
Operating lease right-of-use assets	Operating right-of-use assets	$	2,008,000
Finance lease right-of-use assets	Property, plant and equipment, net		27,000
Total leased assets		$	2,035,000
Liabilities
Current
Operating lease liabilities	Current maturities of operating lease liabilities	$	395,000
Finance lease liabilities	Current maturities of finance lease liabilities		27,000
Noncurrent
Operating lease liabilities	Operating lease liabilities, less current maturities		1,879,000
Total lease liabilities		$	2,301,000

Schedule of lease expense

		2020
Operating lease expense	$	532,000
Finance lease expense
Amortization of right-of-use assets		71,000
Interest on lease liabilities		7,000
Total finance lease expense		78,000
Total lease expense	$	610,000

Schedule of supplemental components of cash flow

		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	472,000
Financing cash flows from finance leases		71,000
Total cash paid for amounts included in the measurement of lease liabilities	$	543,000

Schedule of weighted-average remaining lease term and discount rate

	2020
	Weighted Average	Weighted Average
	Remaining	Discount
Lease Term and Discount Rate	Lease Term (years)	Rate
Operating leases	6.60	4.52%
Finance leases	0.42	5.43%

Schedule of future minimum lease payments on the amended operating lease and future minimum finance lease payments

	Finance Lease		Operating Lease
Fiscal Years Ending April 30,	Payments		Payments
2021	$	27,000	$	436,000
2022		—		448,000
2023		—		452,000
2024		—		452,000
2025		—		456,000
2026		—		467,000
2027		—		350,000
	$	27,000	$	3,061,000