2024 Q3 Form 10-K Financial Statement

#000121390024068336 Filed on August 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $29.65M $16.93M $58.04M
YoY Change 115.6% 19.37% 4.77%
Cost Of Revenue $21.38M $14.72M $46.42M
YoY Change 100.86% 32.27% 8.09%
Gross Profit $8.266M $2.204M $11.62M
YoY Change 166.11% -27.74% -6.67%
Gross Profit Margin 27.88% 13.02% 20.02%
Selling, General & Admin $6.631M $4.629M $14.33M
YoY Change 99.55% 51.78% 15.83%
% of Gross Profit 80.22% 210.04% 123.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $115.6K $187.4K $267.3K
YoY Change 99.52% 212.32% -18.24%
% of Gross Profit 1.4% 8.5% 2.3%
Operating Expenses $6.631M $4.638M $14.33M
YoY Change 99.55% 52.06% 15.83%
Operating Profit $1.635M -$2.434M -$2.704M
YoY Change -854.28% -261340170027008100.0% -3332.64%
Interest Expense -$390.2K -$502.9K -$662.8K
YoY Change -937.93% -1776.2% -1757.0%
% of Operating Profit -23.87%
Other Income/Expense, Net -$380.8K $36.39K -$242.5K
YoY Change -223.27% -93.13% -112.81%
Pretax Income $1.254M -$2.900M -$2.946M
YoY Change 1293.39% -617.93% -671.89%
Income Tax $636.2K $15.84K $440.6K
% Of Pretax Income 50.73%
Net Earnings $700.9K -$2.778M -$3.340M
YoY Change -767.92% -941.75% 103.75%
Net Earnings / Revenue 2.36% -16.41% -5.75%
Basic Earnings Per Share $0.04 -$0.19
Diluted Earnings Per Share $0.04 -$0.14 -$0.19
COMMON SHARES
Basic Shares Outstanding 17.45M shares 17.91M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $588.9K $0.00 $0.00
YoY Change -63.42% -100.0% -100.0%
Cash & Equivalents $588.9K $0.00
Short-Term Investments
Other Short-Term Assets $488.1K $1.241M $3.264M
YoY Change -54.8% -19.95% 110.56%
Inventory $7.351M $6.802M $6.802M
Prepaid Expenses $3.369M $3.264M
Receivables $122.7K $111.9K $571.5K
Other Receivables $522.1K $1.275M $1.275M
Total Short-Term Assets $12.63M $11.91M $11.91M
YoY Change 88.4% 43.77% 43.69%
LONG-TERM ASSETS
Property, Plant & Equipment $2.310M $2.335M $43.06M
YoY Change 272.32% 247.74% 85.45%
Goodwill $16.96M $16.96M
YoY Change 663.08% 663.08%
Intangibles $7.839M $7.979M
YoY Change 3944.88% 3943.46%
Long-Term Investments $1.095M $1.261M $1.540M
YoY Change -31.96% 669.95%
Other Assets $946.2K $947.3K $947.3K
YoY Change 105.7% 105.94% 105.94%
Total Long-Term Assets $69.45M $70.48M $70.48M
YoY Change 155.85% 168.02% 168.11%
TOTAL ASSETS
Total Short-Term Assets $12.63M $11.91M $11.91M
Total Long-Term Assets $69.45M $70.48M $70.48M
Total Assets $82.08M $82.40M $82.40M
YoY Change 142.49% 138.25% 138.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.486M $5.394M $5.865M
YoY Change 153.71% 73.7% 64.29%
Accrued Expenses $5.161M $5.312M $5.312M
YoY Change 110.63% 4061.43% 115.92%
Deferred Revenue $897.8K $965.7K
YoY Change 142.1% 114.92%
Short-Term Debt $11.93M $15.22M $15.22M
YoY Change 7853.92% 10049.01% 10049.01%
Long-Term Debt Due $65.63K $65.10K $65.10K
YoY Change -77.37% -82.41% -82.41%
Total Short-Term Liabilities $28.41M $28.77M $28.77M
YoY Change 248.98% 243.61% 243.72%
LONG-TERM LIABILITIES
Long-Term Debt $2.480M $2.496M $2.496M
YoY Change -2.76% -2.49% -2.49%
Other Long-Term Liabilities $38.61M $39.14M $39.14M
YoY Change 72.66% 71.52% 71.52%
Total Long-Term Liabilities $42.34M $42.91M $41.64M
YoY Change 69.98% 69.07% 64.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.41M $28.77M $28.77M
Total Long-Term Liabilities $42.34M $42.91M $41.64M
Total Liabilities $70.75M $71.68M $71.90M
YoY Change 113.84% 112.12% 111.1%
SHAREHOLDERS EQUITY
Retained Earnings -$2.120M -$2.820M
YoY Change -607.46% -639.5%
Common Stock $13.31M $13.31M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.20M $10.50M $10.50M
YoY Change
Total Liabilities & Shareholders Equity $82.08M $82.40M $82.40M
YoY Change 142.49% 138.25% 138.28%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $700.9K -$2.778M -$3.340M
YoY Change -767.92% -941.75% 103.75%
Depreciation, Depletion And Amortization $115.6K $187.4K $267.3K
YoY Change 99.52% 212.32% -18.24%
Cash From Operating Activities $3.585M -$2.616M -$3.500M
YoY Change 501.03% -2279.76% -822.86%
INVESTING ACTIVITIES
Capital Expenditures $102.6K $372.5K $3.332M
YoY Change 926.3% 1141.57% 6646.84%
Acquisitions $7.000M $7.000M
YoY Change 180.0%
Other Investing Activities -$6.693M -$8.875M
YoY Change -564.59%
Cash From Investing Activities -$102.6K -$7.065M -$12.21M
YoY Change -92.94% 23450.17% -755.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.31M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.895M 274.1K $13.14M
YoY Change 2754.52% -349.21% -1859.96%
NET CHANGE
Cash From Operating Activities $3.585M -2.616M -$3.500M
Cash From Investing Activities -$102.6K -7.065M -$12.21M
Cash From Financing Activities -$2.895M 274.1K $13.14M
Net Change In Cash $587.8K -9.407M -$2.567M
YoY Change -161.38% 46933.15% -260.57%
FREE CASH FLOW
Cash From Operating Activities $3.585M -$2.616M -$3.500M
Capital Expenditures $102.6K $372.5K $3.332M
Free Cash Flow $3.483M -$2.988M -$6.832M
YoY Change 493.78% -3420.2% -1671.32%

Facts In Submission

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CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2024 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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484191 usd
CY2024 us-gaap Payments To Acquire Machinery And Equipment
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382132 usd
CY2023 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
49388 usd
CY2024 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2950000 usd
CY2024 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
75000 usd
CY2024 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1800000 usd
CY2024 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2500000 usd
CY2023 us-gaap Proceeds From Collection Of Loans Receivable
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4410270 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1860882 usd
CY2024 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2023 us-gaap Proceeds From Repayments Of Bank Overdrafts
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CY2024 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
250000 usd
CY2023 us-gaap Proceeds From Repayments Of Related Party Debt
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CY2024 us-gaap Repayments Of Other Short Term Debt
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370825 usd
CY2023 us-gaap Repayments Of Other Short Term Debt
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362731 usd
CY2024 us-gaap Repayments Of Notes Payable
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150000 usd
CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1598436 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2570867 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
972431 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1101 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2570867 usd
CY2023Q2 us-gaap Cash
Cash
2569766 usd
CY2024Q2 us-gaap Restricted Cash Current
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1101 usd
CY2023Q2 us-gaap Restricted Cash Current
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1101 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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1101 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2024 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Interest Paid Net
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CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2023 us-gaap Income Taxes Paid Net
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CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2024 us-gaap Net Income Loss
NetIncomeLoss
-3340000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2820000 usd
CY2024Q2 mss Working Capital
WorkingCapital
16860000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3500000 usd
CY2024Q2 us-gaap Minority Interest
MinorityInterest
221123 usd
CY2023Q2 us-gaap Minority Interest
MinorityInterest
267947 usd
CY2024 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-46823 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
387498 usd
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span><span style="text-decoration:underline">Use of estimates</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates are used for, but not limited to, useful lives of property and equipment, commitments and contingencies, inventory reserve, allowance for estimated uncollectable accounts receivable and other receivables, impairment of long-lived assets, contract liabilities and valuation of deferred tax assets.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
CY2024 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
250000 usd
CY2024Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
862613 usd
CY2023Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1819766 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
1101 usd
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
1101 usd
CY2024Q2 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.20 pure
CY2024 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
75000 usd
CY2024Q2 us-gaap Contract With Customer Liability
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965696 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
449334 usd
CY2024 us-gaap Revenues
Revenues
58043161 usd
CY2023 us-gaap Revenues
Revenues
55399112 usd
CY2024 us-gaap Advertising Expense
AdvertisingExpense
208000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
73678 usd
CY2024 mss Advertising Income From Banner Advertisement
AdvertisingIncomeFromBannerAdvertisement
54351 usd
CY2024 us-gaap Concentration Risk Credit Risk
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span><span style="text-decoration:underline">Concentrations of risks</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>(a) Major customers</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>For the years ended April 30, 2024 and 2023, the Company did not have any customers that accounted for more than 10% of consolidated total net sales. </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>(b) Major vendors</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>The following table sets forth information as to the Company’s suppliers that accounted for 10% or more of the Company’s total purchases for the years ended April 30, 2024 and 2023.</span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td colspan="4" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Year Ended <br/> April 30, 2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="4" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Year Ended <br/> April 30, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Supplier</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Percentage of<br/> Total<br/> Purchases</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Supplier</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Percentage of<br/> Total<br/> Purchases</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 37%">A </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">15</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 36%"> A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 10%; text-align: right">20</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td>B </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">26</td><td style="text-align: left">%</td><td> </td> <td> B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>C </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7</td><td style="text-align: left">%</td><td> </td> <td> C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14</td><td style="text-align: left">%</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>(c) Credit risks</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. Accounts receivable are typically unsecured and derived from products sold to customers and are thereby exposed to credit risk. However, the Company believes the concentration of credit risk in its accounts receivable is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for credit losses based upon factors surrounding the credit risk of specific customers, historical trends, and other information. Historically, the Company did not have any bad debt on its accounts receivable.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span>The Company also has loan receivables to its centralized vendors occasionally. The loan receivables are typically unsecured and exposed to credit risk. However, the Company believes that the loan receivables amount to its centralized vendor is managed by its finance department and these centralized vendors are still providing products monthly to the Company. The Company does not generally require collateral from the vendors. The Company also evaluates the need for an allowance for credit losses based on upon factors surrounding the credit risks. Historically, the Company did not have any bad debt on its loan receivables and all loan receivables been collected in subsequent period.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>
CY2024 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.50 pure
CY2024Q2 mss Inventory Gross Perishabless
InventoryGrossPerishabless
2406500 usd
CY2023Q2 mss Inventory Gross Perishabless
InventoryGrossPerishabless
487912 usd
CY2024Q2 mss Inventory Gross Nonperishables
InventoryGrossNonperishables
4432545 usd
CY2023Q2 mss Inventory Gross Nonperishables
InventoryGrossNonperishables
2533824 usd
CY2024Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2023Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
42750 usd
CY2024Q2 us-gaap Inventory Net
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6802255 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
2978986 usd
CY2024 mss Schedule Of Reserve For Inventory Shrinkage
ScheduleOfReserveForInventoryShrinkage
<span>Movements of reserve for inventory shrinkage were as follows:</span><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Year Ended<br/> April 30,<br/> 2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Year Ended<br/> April 30,<br/> 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Beginning balance</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">42,750</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">135,122</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">GF Supermarket of MP, Inc. inventory shrinkage reserve at July 1, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-30">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,684</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Provision for (reversal of) inventory shrinkage reserve</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(5,960</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(130,056</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold; padding-bottom: 4pt">Ending Balance</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">36,790</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">42,750</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table>
CY2024Q2 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
2784647 usd
CY2023Q2 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
1547243 usd
CY2024Q2 us-gaap Prepaid Insurance
PrepaidInsurance
130354 usd
CY2024Q2 us-gaap Prepaid Taxes
PrepaidTaxes
193700 usd
CY2024Q2 mss Prepaid Professional Services
PrepaidProfessionalServices
25607 usd
CY2024Q2 us-gaap Prepaid Rent
PrepaidRent
129403 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3263711 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1547243 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10669183 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4561165 usd
CY2024Q2 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
8334220 usd
CY2023Q2 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
3889702 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2334963 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
671463 usd
CY2024 us-gaap Depreciation
Depreciation
26727 usd
CY2023 us-gaap Depreciation
Depreciation
32865 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
267269 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
326887 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8161482 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
211482 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
182571 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14153 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7978911 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
197329 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
168418 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10778 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
559099 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
559099 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
559099 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
559099 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
559066 usd
CY2024 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
538542 usd
CY2024Q2 us-gaap Goodwill
Goodwill
16957147 usd
CY2024Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
717389 usd
CY2023Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
301527 usd
CY2024Q2 us-gaap Interest Payable Current
InterestPayableCurrent
136388 usd
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
127638 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
250128 usd
CY2023Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
237000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
242886 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26878 usd
CY2024Q2 mss Due To Third Parties Noninterest Bearing Payable Upon Demand
DueToThirdPartiesNoninterestBearingPayableUponDemand
161302 usd
CY2023Q2 mss Due To Third Parties Noninterest Bearing Payable Upon Demand
DueToThirdPartiesNoninterestBearingPayableUponDemand
145775 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
118989 usd
CY2023Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
28978 usd
CY2024Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
1627082 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
867796 usd
CY2024Q2 us-gaap Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income
BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome
22200000 usd
CY2024Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7000000 usd
CY2024Q2 us-gaap Investment Owned Balance Principal Amount
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15200000 usd
CY2023Q2 us-gaap Notes Payable Current
NotesPayableCurrent
150000 usd
CY2024Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
30000 usd
CY2023Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
21500 usd
CY2023Q4 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
150000 usd
CY2024Q2 us-gaap Secured Demand Notes
SecuredDemandNotes
30000 usd
CY2024 us-gaap General Insurance Expense
GeneralInsuranceExpense
1000000 usd
CY2024 us-gaap Interest Expense Debt
InterestExpenseDebt
31170 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
31416 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
65098 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
67243 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
69471 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
71784 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
74185 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2213518 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2561299 usd
CY2023Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2023Q2 us-gaap Payments For Rent
PaymentsForRent
40000 usd
CY2023Q2 mss Increase Rent Percentage
IncreaseRentPercentage
0.03 pure
us-gaap Payments For Rent
PaymentsForRent
5000 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3620000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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