Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Income and Comprehensive Income (Unaudited)

v3.26.1
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Income Statement [Abstract]        
Net Revenues $ 6,904,012 $ 7,017,459 $ 13,614,124 $ 12,227,174
Cost of Revenues 2,325,963 2,520,178 4,669,041 4,301,423
Gross Profit 4,578,049 4,497,281 8,945,083 7,925,751
OPERATING EXPENSES        
Research & Development 648,304 689,995 1,254,406 1,233,121
Selling, General & Administrative 2,136,769 2,719,602 4,887,631 4,942,924
Total Operating Expenses 2,785,073 3,409,597 6,142,037 6,176,045
INCOME FROM OPERATIONS 1,792,976 1,087,684 2,803,046 1,749,706
OTHER INCOME        
Other Income 168,761 32,332 173,194 110,999
Interest Income 171,915 145,594 344,185 339,765
Total Other Income, net 340,676 177,926 517,379 450,764
INCOME BEFORE INCOME TAX EXPENSE 2,133,652 1,265,610 3,320,425 2,200,470
INCOME TAX (EXPENSE) BENEFIT        
Current Tax (Expense) (432,203) (374,701) (695,419) (423,575)
Deferred Tax (Expense) Benefit (3,639) 17,853 3,527 44,842
Total Income Tax (Expense) (435,842) (356,848) (691,892) (378,733)
NET INCOME $ 1,697,810 $ 908,762 $ 2,628,533 $ 1,821,737
NET INCOME PER SHARE:        
Basic $ 0.15 $ 0.08 $ 0.23 $ 0.16
Diluted $ 0.15 $ 0.08 $ 0.23 $ 0.16
WEIGHTED AVERAGE SHARES:        
Basic 11,274,961 11,221,080 11,272,732 11,223,528
Diluted 11,285,808 11,306,828 11,283,579 11,309,276
NET INCOME $ 1,697,810 $ 908,762 $ 2,628,533 $ 1,821,737
Foreign Currency Translation Adjustment (441,547) 1,800,439 670,669 771,853
Total Other Comprehensive Income (Loss) (441,547) 1,800,439 670,669 771,853
COMPREHENSIVE INCOME $ 1,256,263 $ 2,709,201 $ 3,299,202 $ 2,593,590