XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net Income $ 729,783 $ 391,153
Adjustments to Reconcile Consolidated Net Income to Net Cash Provided By Operating Activities:    
Oher Notes Payable Correction 18,983
PPP Loan Forgiveness (967,141)
Employee Retention Credit (1,052,373)
Stock-Based Compensation 32,933 187,110
Depreciation 529,951 577,544
Changes in Assets and Liabilities:    
Accounts Receivable 33,941 (109,642)
Prepaid Expenses and Other Assets (92,822) 77,004
Operating Lease (83,984) 21,641
Finance Lease (986) 44
Income Tax Receivable 67,966
Accounts Payable and Accrued Expenses 31 (120,662)
NET CASH PROVIDED BY OPERATING ACTIVITIES 115,457 125,017
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (182,740) (119,024)
Payments on Investments in Unigen (213,750)
Proceeds From Sale of Asset 21,166
Issuance of Payments on Convertible Note Receivable - UniGen (140,000)
NET CASH USED IN INVESTING ACTIVITIES (322,740) (311,608)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (113,069) (138,374)
Borrowings on Mortgage Notes Payable 3,884,237
Payments on Notes Payable - Related Party (1,955,093) (803,676)
Borrowings on Note Payable - Related Party 977,546 261,224
Payments on Other Notes Payable (24,575) (49,924)
Borrowings on Other Notes Payable 550,854
Payment of Dividends (91,175) (95,877)
Distributions to Non-Controlling Interest Holders (574,259)
Sale of Ownership Interest in Subsidiary, net (30,000)
Repurchase of Treasury Stock (243,726) (88,443)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 1,829,886 (364,216)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,622,603 (550,807)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,224,380 1,702,755
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 2,846,983 $ 1,151,948