XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income (loss) from operations $ (97,061) $ 2,403
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 206,770 234,188
Income tax provision (benefit) (26,600) (9,700)
Loss on disposal of asset 23,140
Changes in operating assets and liabilities:    
Accounts receivable (22,220) 20,439
Inventories (48,221) 4,515
Prepaid income taxes (123,700) (203,800)
Prepaid expenses 210,556 184,166
Accounts payable and accrued liabilities 36,582 22,385
Accrued salaries and vacation (261,839) (323,619)
Rental deposits 1,282,430 850,685
Deferred taxes (1,900) 12,100
Total adjustments 1,274,998 791,359
Net cash provided by operating activities 1,177,937 793,762
Cash flows from investing activities    
Capital expenditures (200,986) (175,546)
Interest from investments 160,146 42,212
Purchase of investments (6,540) (1,008,226)
Net cash used in investing activities (47,380) (1,141,560)
Cash flows from financing activities:    
Interest from finance lease obligations (3,765) (8,011)
Principal payments on finance lease obligations (73,373) (29,531)
Net cash used in financing activities (77,138) (37,542)
Net increase (decrease) in cash and cash equivalents 1,053,419 (385,340)
Cash and cash equivalents - beginning of period 9,292,939 10,585,832
Cash and cash equivalents - end of period 10,346,358 10,200,492
Reconciliation of Cash and Cash Equivalents Per Balance Sheets:    
Cash and equivalents 1,784,814 721,168
Cash reserved for capital improvements 8,561,544 9,479,324
Cash and cash equivalents per statement of cash flows 10,346,358 10,200,492
Supplemental schedule of non-cash activities    
Net of unrealized holdings gain on available-for-sale investment securities $ 20,610 $ 10,788