Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Oct. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 912,975 $ 629,888 $ 629,888
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation of property and equipment 205,646 173,292  
Amortization of intangible assets 127,759 17,246  
Stock-based compensation 100,145 77,076  
Deferred income taxes (26,989) 187,071  
Gain on sale of asset (30,244)  
Allowance for credit loss (41,256)  
Non cash Operating Lease expense 3,906  
(Increase) decrease in operating assets:      
Accounts receivable 85,988 (337,120)  
Inventory 149,535 (556,975)  
Unbilled receivables (612,135) 134,697  
Prepaid expenses (200,717) (207,389)  
Other current assets 428,541 (135,850)  
Increase (decrease) in operating liabilities:      
Accounts payable and other current liabilities (286,435) (17,505)  
Deferred revenue (205,452) (232,146)  
Net Cash provided by (used in) Operating Activities 641,511 (297,959)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (128,109) (135,651)  
Purchases of other intangible assets (7,036) (26,825)  
Proceeds from the sale of property and equipment 771,807  
Net Cash (used in) provided by Investing Activities (135,145) 609,331  
CASH FLOWS FROM FINANCING ACTIVITIES      
Purchase of treasury stock (15,633)  
Net Cash Used in Financing Activities (15,633)  
EFFECT OF CURRENCY TRANSLATION ON CHANGES IN CASH AND CASH EQUIVALENTS (443,475) 259,404  
NET INCREASE IN CASH AND CASH EQUIVALENTS 62,891 555,143  
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 22,479,072 24,448,841 24,448,841
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 22,541,963 25,003,984 $ 22,479,072
SUPPLEMENTAL CASH FLOW INFORMATION      
Cash paid for taxes $ 6,968 $ 74,118