Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

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INVENTORY
9 Months Ended
Jul. 31, 2023
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 6 – INVENTORY

 

Inventory is stated at the lower of cost (First In, First Out method) or net realizable value. Inventory consisted of the following components as of the dates indicated:

 

 

    July 31,     October 31,  
    2023     2022  
             
Raw materials and parts   $ 8,940,798     $ 7,219,344  
Work in progress     396,359       383,427  
Finished goods     2,310,482       2,424,340  
Total Inventory   $ 11,647,639     $ 10,027,111