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
Jan. 31, 2026
Jan. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 930,723 $ 912,975
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 229,280 205,646
Amortization of intangible assets 136,612 127,759
Stock-based compensation 26,989 100,145
Deferred income taxes (7,166) (26,989)
Allowance for credit loss (41,256)
Non Cash Operating Lease Expense 3,906
(Increase) decrease in operating assets:    
Accounts receivable 76,322 85,988
Inventory (79,162) 149,535
Unbilled receivables 1,104,729 (612,135)
Prepaid expenses 82,102 (200,717)
Other current assets 79,392 428,541
Increase (decrease) in operating liabilities:    
Accounts payable and other current liabilities (480,655) (286,435)
Deferred revenue (622,259) (205,452)
Net Cash provided by Operating Activities 1,476,907 641,511
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (82,248) (128,109)
Purchases of other intangible assets (23,165) (7,036)
Net Cash provided by (used in) Investing Activities (105,413) (135,145)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Cash Used in Financing Activities
EFFECT OF CURRENCY TRANSLATION ON CHANGES IN CASH AND CASH EQUIVALENTS 392,260 (443,475)
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,763,754 62,891
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 28,682,615 22,479,072
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 30,446,369 22,541,963
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for taxes $ 274,164 $ 6,968