Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
Jan. 31, 2020
Oct. 31, 2019
CURRENT ASSETS    
Cash $ 12,527,959 $ 11,721,683
Accounts Receivable, net 4,127,488 4,431,971
Inventory 6,261,612 5,350,514
Unbilled Receivables 2,490,905 2,279,362
Other Current Assets 240,791 298,187
Prepaid Expenses 269,720 198,140
Total Current Assets 25,918,475 24,279,857
FIXED ASSETS    
Property and Equipment, net 6,374,989 5,986,812
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,635,909 3,612,891
Deferred Tax Asset 554,097 631,684
Total Other Assets 4,190,006 4,244,575
Total Assets 36,483,470 34,511,244
CURRENT LIABILITIES    
Accounts Payable 1,757,574 1,273,490
Accrued Expenses and Other Current Liabilities 547,944 576,672
Note Payable, current 492,692 487,140
Deferred Revenue, current 1,040,394 830,148
Total Current Liabilities 3,838,604 3,167,450
LONG TERM LIABILITIES    
Deferred Revenue, long term 138,143 143,587
Note Payable, long term 447,426 572,434
Total Long Term Liabilities 585,569 716,021
Total Liabilities 4,424,173 3,883,471
STOCKHOLDERS' EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,721,881 shares issued and outstanding as of January 31, 2020 and October 31,2019 10,723 10,723
Additional Paid-in Capital 59,521,665 59,521,665
Accumulated Other Comprehensive Loss (2,050,657) (2,135,408)
Accumulated Deficit (25,422,434) (26,769,207)
Total Stockholders' Equity 32,059,297 30,627,773
Total Liabilities and Stockholders' Equity $ 36,483,470 $ 34,511,244