Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
Jan. 31, 2021
Oct. 31, 2020
CURRENT ASSETS    
Cash $ 16,081,875 $ 15,134,289
Accounts Receivable, net 1,870,637 2,014,660
Inventory 9,995,719 9,142,273
Unbilled Receivables 1,311,480 861,300
Prepaid Expenses 300,009 289,204
Other Current Assets 291,396 244,171
Total Current Assets 29,851,116 27,685,897
FIXED ASSETS    
Property and Equipment, net 6,114,540 6,059,900
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,719,773 3,731,452
Deferred Tax Asset 670,093 561,902
Total Other Assets 4,389,866 4,293,354
Total Assets 40,355,522 38,039,151
CURRENT LIABILITIES    
Accounts Payable 970,063 1,284,097
Accrued Expenses and Other Current Liabilities 357,632 584,202
Notes Payable 447,966 509,769
Deferred Revenue 1,314,467 1,006,454
Total Current Liabilities 3,090,128 3,384,522
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 203,648 195,022
Notes Payable, less current portion 436,574 63,339
Total Long Term Liabilities 640,222 258,361
Total Liabilities 3,730,350 3,642,883
STOCKHOLDERS' EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,751,881 shares issued and outstanding as of January 31, 2021 and October 31, 2020, respectively 10,753 10,753
Additional Paid-in Capital 60,306,862 60,132,415
Accumulated Other Comprehensive Loss (1,395,665) (2,321,278)
Accumulated Deficit (22,296,778) (23,425,622)
Total Stockholders' Equity 36,625,172 34,396,268
Total Liabilities and Stockholders' Equity $ 40,355,522 $ 38,039,151