CUSTOMER DEPOSITS

3 Months Ended

Jul. 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 July 31, 2020 and April 30, 2020 we had $68,000 and $16,000, respectively in customer deposits related to this arrangement.