Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Oct. 31, 2017
Oct. 31, 2016
CURRENT ASSETS    
Cash and Cash Equivalents $ 6,851,539 $ 5,601,767
Restricted Cash 13,694
Accounts Receivables, net 1,418,114 3,274,204
Inventory 3,652,249 2,598,925
Unbilled Receivables 2,723,172 3,406,693
Other Current Assets 320,814 140,954
Prepaid Expenses 291,623 112,884
Total Current Assets 15,257,511 15,149,121
FIXED ASSETS    
Property and Equipment, net 5,213,281 3,840,500
OTHER ASSETS    
Deferred Tax Assets 96,374
Goodwill and Other Intangibles, net 3,589,281 3,749,525
Total Other Assets 3,589,281 3,845,899
Total Assets 24,060,073 22,835,520
CURRENT LIABILITIES    
Accounts Payable 981,994 1,396,475
Accrued Expenses and Other Current Liabilities 519,208 794,067
Loans and Note Payable, current 2,212,951 846,994
Deferred Revenues 402,955 464,541
Total Current Liabilities 4,117,108 3,502,077
LONG-TERM LIABILITIES    
Deferred revenue, long term 49,143
Loans and Note Payable, long term 6,066,402 9,178,930
Total Long Term Liabilities 6,115,545 9,178,930
Total Liabilities 10,232,653 12,681,007
STOCKHOLDERS' EQUITY    
Preferred stock, Series C, $.001 par value; 5,000,000 shares authorized, 1,000 and 1,100 issued and outstanding, as of October 31, 2017 and 2016, respectively 1 1
Common stock, $.001 par value; 150,000,000 shares authorized, 9,136,121 and 9,094,156 shares issued and outstanding as of October 31, 2017 and 2016, respectively 9,136 9,094
Additional paid-in capital 52,839,651 52,805,455
Accumulated other comprehensive loss (2,038,431) (2,337,437)
Accumulated deficit (36,982,937) (40,322,600)
Total Stockholders' Equity 13,827,420 10,154,513
Total Liabilities and Stockholders' Equity $ 24,060,073 $ 22,835,520