Quarterly report [Sections 13 or 15(d)]

COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)

v3.25.1
COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)
 3 Months Ended
Jan. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS

 

    2025     2024  
    Amount     Interest     Amount     Interest  
Country   January 31, 2025     January 31, 2025     January 31, 2024     January 31, 2024  
                         
USA   $ 15,315,906     $ 144,901     $ 17,405,227     $ 148,204  
UK     1,387,369       40,309       1,889,567       32,550  
Denmark     -       8,961       -       11,786  
                                 
    $ 16,703,275     $ 194,171     $ 19,294,794     $ 192,540  
SCHEDULE OF COMPONENTS OF INVENTORY

Inventory consisted of the following as of:

 

    January 31,     October 31,  
    2025     2024  
             
Raw materials and parts   $ 10,057,541     $ 10,368,350  
Work in progress     275,542       193,062  
Finished goods     3,100,478       3,340,464  
Stock in transit     -       73,653  
Total Inventory   $ 13,433,561     $ 13,975,529  
SUMMARY OF OTHER CURRENT ASSETS

Other current assets consisted of the following as of:

 

    January 31,     October 31,  
    2025     2024  
             
Deposits   $ 12,825     $ 63,630  
Other Tax Receivables     32,139       240,909  
Employee Retention Credit Receivables     212,300       212,300  
Other Receivables     143,591       321,996  
Total Other Current Assets   $ 400,855     $ 838,835  
SCHEDULE OF FIXED ASSETS

Fixed Assets consisted of the following as of:

 

    January 31,     October 31,  
    2025     2024  
             
Buildings   $ 5,747,116     $ 5,881,237  
Land     200,000       200,000  
Office machinery and equipment     1,956,733       1,872,693  
Rental assets     2,730,276       2,784,921  
Furniture, fixtures and improvements     1,514,240       1,549,965  
Totals     12,148,365       12,288,816  
Less: accumulated depreciation     (5,565,207 )     (5,465,826 )
                 
Total Property and Equipment, net     6,583,158       6,822,990  
                 
Right of use assets, net     388,060       413,171  
                 
Total Fixed Assets, net   $ 6,971,218     $ 7,236,161  
SCHEDULE OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS

Property and equipment, net, by geographic areas were as follows:

 

    January 31,     October 31,  
    2025     2024  
             
USA   $ 1,711,932     $ 1,743,840  
Europe     4,871,226       5,079,150  
                 
Total Property and Equipment, net   $ 6,583,158     $ 6,822,990  
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued Expenses and Other Current Liabilities consisted of the following as of:

 

    January 31,     October 31,  
    2025     2024  
             
Accruals   $ 348,450     $ 560,986  
Other Tax Payables     732,159       924,735  
Employee Related     145,812       118,875  
Total Accrued Expenses and Other Current Liabilities   $ 1,226,421     $ 1,604,596  
SCHEDULE OF OTHER INCOME

Total Other Income, net consisted of the following:

 

    Three Months     Three Months  
    Ended     Ended  
    January 31,     January 31,  
    2025     2024  
             
Grant Income   $ 72,821     $ 14,714  
Other     5,846       20,306  
Total Other Income   $ 78,667     $ 35,020  
                 
Interest Received   $ 194,171     $ 192,540  
                 
Total Other Income, net   $ 272,838     $ 227,560