Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets

v3.25.2
Consolidated Balance Sheets - USD ($)
Jul. 31, 2025
Oct. 31, 2024
CURRENT ASSETS    
Cash and Cash Equivalents $ 26,196,439 $ 22,479,072
Accounts Receivable, net 3,871,769 3,493,463
Inventory 13,712,377 13,975,529
Unbilled Receivables 2,723,141 1,657,827
Prepaid Expenses 481,463 537,289
Other Current Assets 422,966 838,835
Total Current Assets 47,408,155 42,982,015
FIXED ASSETS    
Property and Equipment, net 7,175,397 6,822,990
Right of Use Assets 388,085 413,171
 Total Fixed Assets 7,563,482 7,236,161
OTHER ASSETS    
Goodwill 3,639,334 3,639,334
Intangible Assets, net 3,302,087 3,687,034
Total Other Assets 6,941,421 7,326,368
Total Assets 61,913,058 57,544,544
CURRENT LIABILITIES    
Accounts Payable 1,233,224 1,034,488
Current portion of operating lease liabilities 36,706 32,298
Accrued Expenses and Other Current Liabilities 1,683,758 1,604,596
Deferred Revenue 1,215,065 1,225,634
Total Current Liabilities 4,168,753 3,897,016
LONG TERM LIABILITIES    
Deferred Tax Liability, net 33,052 82,011
Non-current operating lease liabilities 364,443 380,873
Deferred Revenue, less current portion 75,064 56,121
Total Long Term Liabilities 472,559 519,005
Total Liabilities 4,641,312 4,416,021
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 11,248,867 issued and outstanding as of July 31, 2025 and 11,195,487 shares issued and outstanding as of October 31, 2024 11,249 11,195
Preferred Stock $.001 par value; 5,000,000 shares authorized, zero issued and outstanding as of July 31, 2025 and October 31, 2024
Treasury Stock (61,933) (61,933)
Additional Paid-in Capital 63,292,685 63,096,583
Accumulated Other Comprehensive Loss (1,668,486) (2,510,831)
Accumulated Deficit (4,301,769) (7,406,491)
Total Stockholders’ Equity 57,271,746 53,128,523
Total Liabilities and Stockholders’ Equity $ 61,913,058 $ 57,544,544