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Consolidated Balance Sheets - USD ($)
Jan. 31, 2023
Jan. 31, 2022
Current Assets:    
Cash $ 2,111,383 $ 1,224,380
Accounts Receivable 101,737 128,270
Employee Retention Credit Receivable 1,753,955 350,791
Current Portion of Note Receivable (net)
Prepaid Expenses and Other Current Assets 200,429 117,868
Total Current Assets 4,167,504 1,821,309
Property and Equipment, net 7,209,488 7,579,313
Note Receivable (net) 1,925,000 1,925,000
Operating Lease – Right of Use 2,108,418 2,054,377
Finance Lease – Right of Use 20,812 48,560
Convertible Note Receivable 1,000,000 1,000,000
Investment in Private Company Stock 588,750 273,750
TOTAL ASSETS 17,019,972 14,702,309
Current Liabilities:    
Accounts Payable and Accrued Expenses 990,291 901,369
Current Portion of Mortgage Notes Payable, net of Discount 223,680 174,956
Current Portion of Other Notes Payable 570,000 20,170
Current Portion of Operating Lease Liability 12,010 37,467
Current Portion of Finance Lease Liability 15,159 29,240
Total Current Liabilities 1,811,140 1,163,202
Notes Payable - Related Party 977,547
Mortgage Notes Payable, net of Discount 9,251,324 5,582,346
Other Notes Payable 551,017
Operating Lease Liability, net of current portion 2,267,645 2,273,278
Finance Lease Liability, net of current portion 7,718 22,878
TOTAL LIABILITIES 13,337,827 10,570,268
SHAREHOLDERS’ EQUITY    
Shares of Beneficial Interest, without par value, unlimited authorization; 9,161,589 and 9,123,589 shares issued and 9,010,909 and 9,079,513 shares outstanding at January 31, 2023 and January 31, 2022, respectively 6,992,148 6,599,069
Treasury Stock, 150,680 and 44,076 shares held at cost at January 31, 2023 and January 31, 2022, respectively (417,100) (130,464)
TOTAL TRUST SHAREHOLDERS’ EQUITY 6,575,048 6,468,605
NON-CONTROLLING INTEREST (2,892,903) (2,336,564)
TOTAL EQUITY 3,682,145 4,132,041
TOTAL LIABILITIES AND EQUITY $ 17,019,972 $ 14,702,309