Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Income and Comprehensive Income (Unaudited)

v3.26.3
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2026
Jul. 31, 2025
Income Statement [Abstract]        
Net Revenues $ 7,717,469 $ 7,064,795 $ 21,331,593 $ 19,291,969
Cost of Revenues 2,667,175 2,241,039 7,336,216 6,542,462
Gross Profit 5,050,294 4,823,756 13,995,377 12,749,507
OPERATING EXPENSES        
Research & Development 729,216 572,468 1,983,622 1,805,589
Selling, General & Administrative 2,787,803 2,871,309 7,675,434 7,814,233
Total Operating Expenses 3,517,019 3,443,777 9,659,056 9,619,822
INCOME FROM OPERATIONS 1,533,275 1,379,979 4,336,321 3,129,685
OTHER INCOME        
Other Income 24,259 8,922 197,453 119,921
Interest Income 233,817 154,848 578,002 494,613
Total Other Income, net 258,076 163,770 775,455 614,534
INCOME BEFORE INCOME TAX EXPENSE 1,791,351 1,543,749 5,111,776 3,744,219
INCOME TAX (EXPENSE) BENEFIT        
Current Tax (Expense) (408,583) (268,786) (1,104,002) (692,361)
Deferred Tax Benefit 6,844 8,022 10,371 52,864
Total Income Tax (Expense) (401,739) (260,764) (1,093,631) (639,497)
NET INCOME $ 1,389,612 $ 1,282,985 $ 4,018,145 $ 3,104,722
NET INCOME PER SHARE:        
Basic $ 0.12 $ 0.11 $ 0.36 $ 0.28
Diluted $ 0.12 $ 0.11 $ 0.36 $ 0.27
WEIGHTED AVERAGE SHARES:        
Basic 11,279,904 11,237,654 11,275,149 11,226,665
Diluted 11,298,951 11,304,549 11,294,196 11,293,560
NET INCOME $ 1,389,612 $ 1,282,985 $ 4,018,145 $ 3,104,722
Foreign Currency Translation Adjustment (98,810) 70,492 571,859 842,345
Total Other Comprehensive (Loss) Income (98,810) 70,492 571,859 842,345
COMPREHENSIVE INCOME $ 1,290,802 $ 1,353,477 $ 4,590,004 $ 3,947,067