Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Jul. 31, 2019
Oct. 31, 2018
CURRENT ASSETS    
Cash $ 9,803,773 $ 7,512,422
Accounts Receivable, net 3,851,791 3,326,623
Inventory 4,354,820 3,823,243
Unbilled Receivables 4,313,610 3,013,116
Other Current Assets 489,595 219,424
Prepaid Expenses 245,061 227,479
Total Current Assets 23,058,650 18,122,307
FIXED ASSETS    
Property and Equipment, net 5,762,339 5,246,183
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,619,738 3,613,952
Deferred Tax Asset 903,182 1,754,169
Total Other Assets 4,522,920 5,368,121
Total Assets 33,343,909 28,736,611
CURRENT LIABILITIES    
Accounts Payable 1,606,607 988,148
Accrued Expenses and Other Current Liabilities 610,478 685,454
Loans and Note Payable, current 481,633 964,695
Deferred Revenue, current 889,727 602,914
Total Current Liabilities 3,588,445 3,241,211
LONG TERM LIABILITIES    
Deferred Revenue, long term 143,587 48,906
Loans and Note Payable, long term 696,164 1,059,544
Total Long Term Liabilities 839,751 1,108,450
Total Liabilities 4,428,196 4,349,661
STOCKHOLDERS' EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,691,524 and 10,640,416 shares issued and outstanding as of July 31, 2019 and October 31, 2018, respectively 10,692 10,641
Additional Paid-in Capital 59,205,375 58,599,378
Accumulated Other Comprehensive Loss (3,294,142) (2,228,663)
Accumulated Deficit (27,006,212) (31,994,406)
Total Stockholders' Equity 28,915,713 24,386,950
Total Liabilities and Stockholders' Equity $ 33,343,909 $ 28,736,611