Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
Oct. 31, 2022
Oct. 31, 2021
CURRENT ASSETS    
Cash $ 22,927,371 $ 17,747,656
Accounts Receivable 2,870,600 4,207,996
Inventory 10,027,111 10,691,177
Unbilled Receivables 602,115 1,080,384
Prepaid Expenses 240,464 1,202,327
Other Current Assets 343,061 627,619
Total Current Assets 37,010,722 35,557,159
FIXED ASSETS    
Property and Equipment, net 5,832,532 6,037,101
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,824,394 3,794,383
Deferred Tax Asset 259,810 76,776
Total Other Assets 4,084,204 3,871,159
Total Assets 46,927,458 45,465,419
CURRENT LIABILITIES    
Accounts Payable 793,247 1,454,611
Accrued Expenses and Other Current Liabilities 1,731,706 740,449
Note Payable 63,559
Deferred Revenue 943,569 1,999,841
Total Current Liabilities 3,468,522 4,258,460
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 76,127 157,886
Total Long-Term Liabilities 76,127 157,886
Total Liabilities 3,544,649 4,416,346
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,916,853 issued and outstanding as of October 31, 2022, and 10,857,195 shares issued and outstanding as of October 31, 2021 10,918 10,858
Treasury Stock (28,337)
Additional Paid-in Capital 62,313,988 61,183,131
Accumulated Other Comprehensive Loss (4,737,124) (1,667,059)
Accumulated Deficit (14,176,636) (18,477,857)
Total Stockholders’ Equity 43,382,809 41,049,073
Total Liabilities and Stockholders’ Equity $ 46,927,458 $ 45,465,419