Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,628,533 $ 1,821,737
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 418,610 424,738
Amortization of intangible assets 271,309 244,334
Stock-based compensation 13,285 166,384
Deferred income taxes (3,527) (44,842)
Gain on sale of asset (133,674)
Allowance for credit loss (41,255)
Non cash Operating Lease Expense 10,590
(Increase) decrease in operating assets:    
Accounts receivable, net (1,133,658) (1,058,189)
Inventory (59,955) 885,016
Unbilled receivables 619,708 (694,186)
Prepaid expenses (16,872) (278,421)
Other current assets (933) 447,754
Increase (decrease) in operating liabilities:    
Accounts payable and other current liabilities (705,119) (368,819)
Deferred revenue 149,577 589,139
Net Cash provided by Operating Activities 2,047,284 2,103,980
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (203,513) (196,342)
Purchases of other intangible assets (37,844) (11,784)
Proceeds from the sale of property and equipment 148,329
Net Cash used in Investing Activities (93,028) (208,126)
CASH FLOWS FROM FINANCING ACTIVITIES    
Purchase of treasury stock (13,669)
Net Cash used in Financing Activities (13,669)
EFFECT OF CURRENCY TRANSLATION ON CHANGES IN CASH AND CASH EQUIVALENTS 1,135 87,375
NET INCREASE IN CASH AND CASH EQUIVALENTS 1,941,722 1,983,229
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 30,624,337 24,462,301
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for taxes $ 1,111,793 $ 188,968