COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)
|
12 Months Ended |
Oct. 31, 2024 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| SCHEDULE OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS |
SCHEDULE
OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS
| Country |
|
Deposit
October 31, 2024
|
|
|
Interest October 31, 2024
|
|
|
Deposit October 31, 2023
|
|
|
Interest October 31, 2023
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| USA |
|
$ |
15,156,719 |
|
|
$ |
823,816 |
|
|
$ |
15,201,579 |
|
|
$ |
486,756 |
|
| UK |
|
|
764,659 |
|
|
|
103,144 |
|
|
|
1,516,641 |
|
|
|
86,266 |
|
| Denmark |
|
|
- |
|
|
|
11,815 |
|
|
|
2,400,000 |
|
|
|
69,508 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
15,921,378 |
|
|
$ |
938,775 |
|
|
$ |
19,118,282 |
|
|
$ |
642,530 |
|
|
| SCHEDULE OF COMPONENTS OF INVENTORY |
Inventory
consisted of the following as of:
SCHEDULE OF COMPONENTS OF INVENTORY
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Raw materials and parts |
|
$ |
10,368,350 |
|
|
$ |
8,994,482 |
|
| Work in progress |
|
|
193,062 |
|
|
|
483,227 |
|
| Finished goods |
|
|
3,340,464 |
|
|
|
2,207,816 |
|
| Stock in transit |
|
|
73,653 |
|
|
|
- |
|
| Total Inventory |
|
$ |
13,975,529 |
|
|
$ |
11,685,525 |
|
|
| SUMMARY OF OTHER CURRENT ASSETS |
Other
current assets consisted of the following as of:
SUMMARY OF OTHER CURRENT ASSETS
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Deposits and other assets |
|
$ |
63,630 |
|
|
$ |
23,081 |
|
| Other US Tax Receivables/Prepaid Taxes |
|
|
240,909 |
|
|
|
450,625 |
|
| Employee Retention Credit Receivables |
|
|
212,300 |
|
|
|
212,300 |
|
| Other Foreign Tax Receivables |
|
|
321,996 |
|
|
|
348,620 |
|
| Total Other Current Assets |
|
$ |
838,835 |
|
|
$ |
1,034,626 |
|
|
| SCHEDULE OF FIXED ASSETS |
Fixed assets consisted of the following as of:
SCHEDULE
OF FIXED ASSETS
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Buildings |
|
$ |
5,881,237 |
|
|
$ |
6,386,705 |
|
| Land |
|
|
200,000 |
|
|
|
200,000 |
|
| Office machinery and equipment |
|
|
1,872,693 |
|
|
|
1,596,026 |
|
| Rental assets |
|
|
2,784,921 |
|
|
|
2,323,446 |
|
| Furniture, fixtures and improvements |
|
|
1,549,965 |
|
|
|
1,172,169 |
|
|
|
|
|
|
|
|
|
|
| Totals |
|
|
12,288,816 |
|
|
|
11,678,346 |
|
| Less: accumulated depreciation |
|
|
(5,465,826 |
) |
|
|
(4,805,026 |
) |
|
Total Property and Equipment, net
|
|
|
6,822,990 |
|
|
|
6,873,320 |
|
| Right of use assets |
|
|
413,171 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| Total Fixed Assets, net |
|
$ |
7,236,161 |
|
|
$ |
6,873,320 |
|
|
| SCHEDULE OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS |
Property
and equipment, net, by geographic areas were as follows:
SCHEDULE
OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| USA |
|
$ |
1,743,840 |
|
|
$ |
1,751,260 |
|
| Europe |
|
|
5,079,150 |
|
|
|
5,122,060 |
|
| |
|
|
|
|
|
|
|
|
| Total Property and Equipment, net |
|
$ |
6,822,990 |
|
|
$ |
6,873,320 |
|
|
| SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
Accrued
Expenses and Other Current Liabilities consisted of the following as of:
SCHEDULE
OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Accruals |
|
$ |
560,986 |
|
|
$ |
384,880 |
|
| Other Tax Payables |
|
|
924,735 |
|
|
|
525,565 |
|
| Employee Related |
|
|
118,875 |
|
|
|
85,185 |
|
| Total Accrued Expenses and Other Current Liabilities |
|
$ |
1,604,596 |
|
|
$ |
995,630 |
|
|
| SCHEDULE OF OTHER INCOME |
Total
Other Income, net consisted of the following for the year ended:
SCHEDULE OF OTHER INCOME
| |
|
October 31, |
|
|
October 31, |
|
| |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Grant Income |
|
$ |
34,422 |
|
|
$ |
- |
|
| Other |
|
|
53,960 |
|
|
|
39,146 |
|
| Total Other Income |
|
|
88,382 |
|
|
|
39,146 |
|
| |
|
|
|
|
|
|
|
|
| Interest |
|
$ |
938,775 |
|
|
|
642,530 |
|
| |
|
|
|
|
|
|
|
|
| Total Other Income, net |
|
$ |
1,027,157 |
|
|
$ |
681,676 |
|
|