Quarterly report [Sections 13 or 15(d)]

COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)

v3.26.1
COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)
 6 Months Ended
Apr. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS

 

    Deposit     Interest     Deposit     Interest  
    April 30,     April 30,     April 30,     April 30,  
Country   2026     2026     2025     2025  
                         
USA   $ 19,694,650     $ 260,699     $ 15,395,657     $ 289,768  
UK     5,825,917       56,468       2,227,269       36,864  
Denmark     -       27,018       -       13,133  
    $ 25,520,567     $ 344,185     $ 17,622,926     $ 339,765  
SCHEDULE OF COMPONENTS OF INVENTORY

Inventory consisted of the following as of:

 

    April 30,     October 31,  
    2026     2025  
             
Raw materials and parts   $ 10,953,337     $ 10,622,753  
Work in progress     605,751       565,147  
Finished goods     2,436,168       2,448,612  
Total Inventory   $ 13,995,256     $ 13,636,512  
SUMMARY OF OTHER CURRENT ASSETS

Other current assets consisted of the following as of:

 

    April 30,     October 31,  
    2026     2025  
             
Deposits and other assets   $ 68,219     $ 59,715  
Corporation Tax Prepaid     149,629       -  
Employee Retention Credit Receivables     212,300       212,300  
Other Foreign Tax Receivables     103,350       259,454  
Total Other Current Assets   $ 533,498     $ 531,469  
SCHEDULE OF FIXED ASSETS

Fixed Assets consisted of the following as of:

 

    April 30,     October 31,  
    2026     2025  
             
Buildings   $ 6,087,237     $ 5,979,758  
Land     200,000       200,000  
Office machinery and equipment     2,306,771       2,194,151  
Software     378,333       364,923  
Rental assets     3,156,454       2,874,192  
Furniture, fixtures and improvements     1,670,038       1,611,168  
Totals     13,798,833       13,224,192  
Less: accumulated depreciation     (6,357,831 )     (5,928,401 )
                 
Total Property and Equipment, net     7,441,002       7,295,791  
                 
Right of use assets, net     356,447       372,647  
                 
Total Fixed Assets, net   $ 7,797,449     $ 7,668,438  
SCHEDULE OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS

Property and equipment, net, by geographic areas were as follows:

 

    April 30,     October 31,  
    2026     2025  
             
USA   $ 2,013,073     $ 1,990,372  
Europe     5,427,929       5,305,419  
                 
Total Property and Equipment, net   $ 7,441,002     $ 7,295,791  
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued Expenses and Other Current Liabilities consisted of the following as of:

 

    April 30,     October 31,  
    2026     2025  
             
Accruals   $ 464,517     $ 759,323  
Other Tax Payables     1,379,893       1,664,590  
Employee Related     58,364       52,039  
Total Accrued Expenses and Other Current Liabilities   $ 1,902,774     $ 2,475,952  
SCHEDULE OF OTHER INCOME

Total Other Income, consisted of the following:

 

    Three Months     Three Months     Six Months     Six Months  
    Ended     Ended     Ended     Ended  
    April 30,     April 30,     April 30,     April 30,  
    2026     2025     2026     2025  
                         
Grant Income   $ 29,601     $ 27,365     $ 29,604     $ 100,186  
Gain on sale of asset     133,674       -       133,674      

-

  
Other     5,486       4,967       9,916       10,813  
Total Other Income   $ 168,761     $ 32,332     $ 173,194     $ 110,999  
Interest Received    

171,915

      

145,594

      

344,185

      

339,765

  
                                 
Total Other Income, net   $ 340,676     $ 177,926     $ 517,379     $ 450,764