Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Jan. 31, 2022
Oct. 31, 2021
CURRENT ASSETS    
Cash $ 20,711,228 $ 17,747,656
Accounts Receivable, net 1,535,682 4,207,996
Inventory 11,159,798 10,691,177
Unbilled Receivables 401,661 1,080,384
Prepaid Expenses 313,945 1,202,327
Other Current Assets 651,724 627,619
Total Current Assets 34,774,038 35,557,159
FIXED ASSETS    
Property and Equipment, net 6,743,670 6,037,101
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,794,880 3,794,383
Deferred Tax Asset 86,643 76,776
Total Other Assets 3,881,523 3,871,159
Total Assets 45,399,231 45,465,419
CURRENT LIABILITIES    
Accounts Payable 319,605 1,454,611
Accrued Expenses and Other Current Liabilities 805,573 740,449
Note Payable 63,559
Deferred Revenue 1,288,231 1,999,841
Total Current Liabilities 2,413,409 4,258,460
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 153,176 157,886
Total Long Term Liabilities 153,176 157,886
Total Liabilities 2,566,585 4,416,346
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,857,195 shares issued and outstanding as of January 31, 2022 and October 31, 2021, respectively 10,858 10,858
Additional Paid-in Capital 61,508,306 61,183,131
Accumulated Other Comprehensive Loss (1,425,909) (1,667,059)
Accumulated Deficit (17,260,609) (18,477,857)
Total Stockholders’ Equity 42,832,646 41,049,073
Total Liabilities and Stockholders’ Equity $ 45,399,231 $ 45,465,419