XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2020
Apr. 30, 2020
Current assets:    
Cash $ 2,017,000 $ 2,263,000
Trade receivables, net 3,383,000 2,104,000
Contract assets 357,000 960,000
Inventories 3,921,000 3,556,000
Prepaid expenses 471,000 285,000
Total Current Assets 10,149,000 9,168,000
Land 265,000 265,000
Buildings and improvements 1,586,000 1,586,000
Equipment 4,561,000 4,520,000
Property, plant and equipment, gross 6,412,000 6,371,000
Less accumulated depreciation 4,484,000 4,388,000
Property, plant and equipment, net 1,928,000 1,983,000
Operating lease right-of-use assets 1,920,000 2,008,000
Deferred income taxes 288,000  
Other assets 156,000 221,000
Total Assets 14,441,000 13,380,000
Current liabilities:    
Current maturities of long-term debt 1,842,000 795,000
Current maturities of operating lease liabilities 395,000 395,000
Current maturities of finance lease liabilities 12,000 27,000
Trade accounts payable 1,143,000 1,933,000
Accrued liabilities 1,128,000 899,000
Customer deposits 68,000 16,000
Total current liabilities 4,588,000 4,065,000
Long-term debt, less current maturities 1,851,000 2,008,000
Operating lease liabilities, less current maturities 1,817,000 1,879,000
Total long-term debt 3,668,000 3,887,000
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 12,680,000 12,653,000
Accumulated deficit (6,555,000) (7,285,000)
Stockholders' Equity 6,185,000 5,428,000
Total Liabilities and Stockholders' Equity $ 14,441,000 $ 13,380,000