Quarterly report pursuant to Section 13 or 15(d)

Inventory

v3.7.0.1
Inventory
9 Months Ended
Jul. 31, 2017
Inventory Disclosure [Abstract]  
Inventory

NOTE 4 – INVENTORY

 

Inventory is stated at the lower of cost (first-in first-out method) or market. Inventory consisted of the following components:

 

    July 31,2017     October 31, 2016  
             
Raw materials and parts   $ 2,259,228     $ 1,734,798  
Work in progress     184,661       88,682  
Demo goods     296,391       324,752  
Finished goods     157,487       450,693  
Total Inventory   $ 2,897,767     $ 2,598,925