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CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
12 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:    
Net income $ 714,000 $ 642,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Stock compensation cost amortized 108,000 108,000
Depreciation 367,000 353,000
Deferred income taxes   34,000
Changes in operating assets and liabilities:    
Trade receivables 486,000 (397,000)
Contract assets 144,000 (1,002,000)
Inventories (502,000) (692,000)
Prepaid expenses and other assets (134,000) 109,000
Operating lease right-of-use assets 259,000  
Trade accounts payable 288,000 580,000
Accrued liabilities 281,000 7,000
Current and long-term operating lease liabilities (199,000)  
Customer deposits (8,000) (195,000)
Net cash provided by (used in) operating activities 1,804,000 (453,000)
Cash flows from investing activities:    
Capital expenditures (508,000) (152,000)
Proceeds from disposal of equipment 1,000 2,000
Net cash used in investing activities (507,000) (150,000)
Cash flows from financing activities:    
Principal payments on long-term debt (33,000) (1,677,000)
Principal payments under capital and financing lease obligations (71,000) (71,000)
Payments on line of credit (13,399,000) (4,581,000)
Proceeds from line of credit 12,426,000 5,556,000
Proceeds from long-term debt 1,985,000 859,000
Net cash provided by financing activities 908,000 86,000
Net increase (decrease) in cash 2,205,000 (517,000)
Cash, beginning of period 58,000 575,000
Cash, end of period 2,263,000 58,000
Cash paid during the period for:    
Interest 99,000 108,000
Income taxes 70,750  
Non-cash investing and financing activities:    
Tax credit reclassified from deferred tax asset to a receivable 34,000  
Property held for sale reclassified as property, plant and equipment   $ 694,000
Capital leases reclassified from long-term debt to finance lease liabilities 98,000  
Deferred rent reclassified from accrued liabilities to operating lease right-of-use assets 206,000  
Equipment financed through accounts payable $ 20,000