$RSKIA

RISK GEORGE INDUSTRIES INC

CIK:0000084112|SEC Filings

Condensed Income Statements (Unaudited) - USD ($)	3 Months Ended
Condensed Income Statements (Unaudited) - USD ($)	Jul. 31, 2026	Jul. 31, 2025
Income Statement [Abstract]
Net Sales	$ 6,850,000	$ 5,898,000
Less: Cost of Goods Sold	(3,623,000)	(2,875,000)
Gross Profit	3,227,000	3,023,000
Operating Expenses:
General and Administrative	399,000	389,000
Sales	900,000	802,000
Engineering	22,000	24,000
Total Operating Expenses	1,321,000	1,215,000
Income From Operations	1,906,000	1,808,000
Other Income (Expense)
Other	36,000	67,000
Dividend and Interest Income	328,000	352,000
Unrealized Gain on Equity Securities	802,000	2,381,000
(Loss) on Sale of Assets		(30,000)
Gain on Sale of Investments	287,000	145,000
Total Other Income	1,453,000	2,915,000
Income Before Provisions for Income Taxes	3,359,000	4,723,000
Provisions for Income Taxes
Current Expense	527,000	479,000
Deferred tax expense	640,000	452,000
Total Income Tax Expense	1,167,000	931,000
Net Income	$ 2,192,000	$ 3,792,000
Basic Earnings Per Share of Common Stock	$ 0.45	$ 0.78
Diluted Earnings Per Share of Common Stock	$ 0.45	$ 0.77
Weighted Average Number of Common Shares Outstanding	4,888,655	4,892,032
Weighted Average Number of Shares Outstanding (Diluted)	4,909,850	4,912,532

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
Cash Flows from Operating Activities:
Net Income	$ 2,192,000	$ 3,792,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	108,000	34,000
(Gain) on sale of investments	(287,000)	(145,000)
Unrealized (gain) on equity securities	(802,000)	(2,381,000)
Provision for (recovery of) credit losses on accounts receivable	(29,000)	45,000
Reserve for obsolete inventory	2,000	(18,000)
Deferred income taxes	640,000	452,000
Loss on sale of assets		30,000
(Increase) decrease in:
Accounts receivable	371,000	(466,000)
Inventories	(1,236,000)	173,000
Prepaid expenses and other current assets	396,000	(48,000)
Other receivables	39,000	35,000
Income tax refund receivable	351,000
Increase (decrease) in:
Accounts payable	(250,000)	163,000
Accrued expenses and other current liabilities	(79,000)	26,000
Income tax payable	521,000	447,000
Net cash from operating activities	1,937,000	2,139,000
Cash Flows From Investing Activities:
(Purchase) of property and equipment	(6,000)	(133,000)
Proceeds from sale of marketable securities	6,000	7,000
(Purchase) of marketable securities	(238,000)	(210,000)
Net cash from investing activities	(238,000)	(336,000)
Cash Flows From Financing Activities:
(Purchase) of treasury stock	(13,000)	(9,000)
Dividends paid		(5,000)
Net cash from financing activities	(13,000)	(14,000)
Net Change in Cash and Cash Equivalents	1,686,000	1,789,000
Cash and Cash Equivalents, beginning of period	5,156,000	6,471,000
Cash and Cash Equivalents, end of period	6,842,000	8,260,000
Supplemental Disclosure for Cash Flow Information:
Income taxes paid (recovered), net	(49,000)	24,000
Interest paid

Condensed Balance Sheets - USD ($)	Jul. 31, 2026	Apr. 30, 2026
Current Assets:
Cash and cash equivalents	$ 6,842,000	$ 5,156,000
Investments and securities, at fair value	43,452,000	42,335,000
Accounts receivable:
Trade, net of allowance for credit losses of $25,946 and $55,259	4,683,000	5,025,000
Other	19,000	58,000
Income tax refund receivable		351,000
Federal solar tax credit receivable	2,300,000	2,300,000
Inventories, net	13,056,000	11,822,000
Prepaid expenses	978,000	1,374,000
Total Current Assets	71,330,000	68,421,000
Property and Equipment, at cost, net	2,082,000	2,154,000
Other Assets
Projects in process	10,000	10,000
Other		1,000
Total Other Assets	10,000	11,000
Intangible Assets, net	756,000	786,000
TOTAL ASSETS	74,178,000	71,372,000
Current Liabilities
Accounts payable, trade	135,000	385,000
Dividends payable	3,726,000	3,726,000
Deferred income	18,000	16,000
Accrued expenses	487,000	568,000
Income tax payable	525,000	4,000
Total Current Liabilities	4,891,000	4,699,000
Long-Term Liabilities
Deferred income taxes	3,904,000	3,318,000
Total Long-Term Liabilities	3,904,000	3,318,000
Total Liabilities	8,795,000	8,017,000
Commitments and contingencies
Stockholders’ Equity
Convertible preferred stock, 1,000,000 shares authorized, Series 1—noncumulative, $20 stated value, 25,000 shares authorized, 4,239 issued and outstanding	102,000	102,000
Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding	850,000	850,000
Additional paid-in capital	1,931,000	1,931,000
Accumulated other comprehensive income	(176,000)	(25,000)
Retained earnings	67,761,000	65,569,000
Less: treasury stock, 3,614,527 and 3,613,827 shares, at cost	(5,085,000)	(5,072,000)
Total Stockholders’ Equity	65,383,000	63,355,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 74,178,000	$ 71,372,000