XML 19 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net Income $ 277,176 $ 737,051
Adjustments to Reconcile Consolidated Net Income to Net Cash Provided By Operating Activities:    
Oher Notes Payable Correction 18,983
Employee Retention Credit 520,428 (1,403,164)
Stock-Based Compensation 23,147 52,693
Depreciation 679,157 702,386
Changes in Assets and Liabilities:    
Accounts Receivable (10,209) 26,533
Prepaid Expenses and Other Assets (110,462) (82,561)
Operating Lease (4,590) (85,131)
Finance Lease (2,065) (1,493)
Accounts Payable and Accrued Expenses 59,239 88,922
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,431,821 54,219
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (520,861) (332,561)
Payments on Investments in Unigen (45,000) (315,000)
NET CASH USED IN INVESTING ACTIVITIES (565,861) (647,561)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (224,419) (166,535)
Borrowings on Mortgage Notes Payable 3,884,237
Payments on Notes Payable - Related Party (1,955,093)
Borrowings on Note Payable - Related Party 977,546
Payments on Other Notes Payable (100,000) (20,170)
Payment of Dividends (180,120) (182,785)
Distributions to Non-Controlling Interest Holders (692,298) (810,219)
Sale of Ownership Interest in Subsidiary, net 40,000
Repurchase of Treasury Stock (455,138) (286,636)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (1,651,975) 1,480,345
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (786,015) 887,003
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 2,111,383 1,224,380
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,325,368 $ 2,111,383