Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.4
Consolidated Balance Sheets - EUR (€)
Oct. 31, 2025
Oct. 31, 2024
CURRENT ASSETS    
Cash and Cash Equivalents € 28,682,615 € 22,479,072
Accounts Receivable, net 3,732,806 3,493,463
Inventory 13,636,512 13,975,529
Unbilled Receivables 2,988,779 1,657,827
Prepaid Expenses 434,021 537,289
Other Current Assets 531,469 838,835
Total Current Assets 50,006,202 42,982,015
FIXED ASSETS    
Property and Equipment, net 7,295,791 6,822,990
Right of Use Asset, net 372,647 413,171
Total Fixed Assets 7,668,438 7,236,161
OTHER ASSETS    
Goodwill 3,639,334 3,639,334
Intangible Assets, net 3,179,588 3,687,034
Total Other Assets 6,818,922 7,326,368
Total Assets 64,493,562 57,544,544
CURRENT LIABILITIES    
Accounts Payable 1,407,439 1,034,488
Current portion of operating lease liabilities 34,862 32,298
Accrued Expenses and Other Current Liabilities 2,475,952 1,604,596
Deferred Revenue 1,722,796 1,225,634
Total Current Liabilities 5,641,049 3,897,016
LONG TERM LIABILITIES    
Deferred Tax Liability, net 317,949 82,011
Non-current operating lease liabilities 360,070 380,873
Deferred Revenue, less current portion 59,080 56,121
Total Long Term Liabilities 737,099 519,005
Total Liabilities 6,378,148 4,416,021
Commitments and contingencies
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 11,270,575 issued and outstanding as of October 31, 2025 and 11,195,487 shares issued and outstanding as of October 31, 2024 11,271 11,195
Preferred Stock $.001 par value; 5,000,000 shares authorized, zero issued and outstanding as of October 31, 2025 and 2024
Treasury Stock (61,933) (61,933)
Additional Paid-in Capital 63,321,294 63,096,583
Accumulated Other Comprehensive Loss (1,878,657) (2,510,831)
Accumulated Deficit (3,276,561) (7,406,491)
Total Stockholders’ Equity 58,115,414 53,128,523
Total Liabilities and Stockholders’ Equity € 64,493,562 € 57,544,544