Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Cash Flows (Unaudited)

v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,018,145 $ 3,104,722
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 646,311 642,801
Amortization of intangible assets 406,681 394,566
Stock-based compensation 39,063 196,156
Deferred income taxes (10,371) (52,863)
Gain on sale of asset (133,566)
Provision for contingent consideration liability (PAL Earn-out) 438,588 158,872
Allowance for credit loss (41,277)
Non cash operating lease expense 16,396
(Increase) decrease in operating assets:    
Accounts receivable, net (1,824,944) (224,619)
Inventory 421,340 640,394
Unbilled receivables (254,952) (1,048,277)
Prepaid expenses 85,325 66,496
Other current assets 371,573 420,946
Increase (decrease) in operating liabilities:    
Accounts payable and other current liabilities (826,831) 62,264
Deferred revenue 53,655 (28,712)
Net Cash provided by Operating Activities 3,430,017 4,307,865
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (365,727) (805,380)
Purchases of other intangible assets (55,823) (16,811)
Proceeds from the sale of property and equipment 148,208
Net Cash used in Investing Activities (273,342) (822,191)
CASH FLOWS FROM FINANCING ACTIVITIES    
Purchase of treasury stock (13,669)
Net Cash used in Financing Activities (13,669)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (111,102) 231,693
NET INCREASE IN CASH AND CASH EQUIVALENTS 3,031,904 3,717,367
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 31,714,519 26,196,439
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for taxes $ 1,132,783 $ 415,221