Annual report pursuant to Section 13 and 15(d)

Segment Analysis - Schedule of Segment Reporting Information (Details)

v3.8.0.1
Segment Analysis - Schedule of Segment Reporting Information (Details) - USD ($)
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Jul. 31, 2016
Revenues from External Customers $ 18,025,173 $ 21,118,319  
Cost of Revenues 6,057,448 8,465,322  
Gross Profit 11,967,725 12,652,997  
Research & Development 1,380,381 1,013,125  
Selling, General & Administrative 6,769,327 6,101,227  
Total Operating Expenses 8,149,708 7,114,352  
Operating Income (Loss) 3,818,017 5,538,645  
Other Income 121,278 172,090  
Interest (Expense) Income (597,011) (856,432)  
Total other income (expense) (475,733) (684,342)  
Income (Loss) before income taxes 3,342,284 4,854,303  
Income tax benefit (expense) (2,621) 76,245  
Net Income (Loss) 3,339,663 4,930,548  
Total Assets 24,060,073 22,835,520 $ 22,835,520
Total Liabilities 10,232,653 12,681,007 $ 12,681,007
Revenues from Intercompany Sales - eliminated from sales above 4,079,932 3,366,149  
Depreciation and Amortization 953,626 809,377  
Purchases of Long-lived Assets 2,561,551 614,220  
USA [Member]      
Revenues from External Customers 7,499,900 11,116,336  
Europe [Member]      
Revenues from External Customers 9,056,589 8,398,768  
Australia [Member]      
Revenues from External Customers 1,468,684 1,603,215  
Marine Technology Business (Products) [Member]      
Revenues from External Customers 10,986,268 10,584,141  
Cost of Revenues 2,246,881 3,081,892  
Gross Profit 8,739,387 7,502,249  
Research & Development 919,863 1,013,125  
Selling, General & Administrative 3,220,635 2,848,809  
Total Operating Expenses 4,140,498 3,861,934  
Operating Income (Loss) 4,598,889 3,640,315  
Other Income 117,106 166,449  
Interest (Expense) Income (709,763) (813,402)  
Total other income (expense) (592,657) (646,953)  
Income (Loss) before income taxes 4,006,232 2,993,362  
Income tax benefit (expense) 22,578 139,619  
Net Income (Loss) 4,028,810 3,132,981  
Total Assets 12,374,214 11,649,606  
Total Liabilities 1,109,003 1,381,048  
Revenues from Intercompany Sales - eliminated from sales above 1,895,015 1,871,801  
Depreciation and Amortization 528,667 503,327  
Purchases of Long-lived Assets 2,419,093 604,607  
Marine Engineering Business (Services) [Member]      
Revenues from External Customers 7,038,905 10,534,178  
Cost of Revenues 3,810,567 5,383,430  
Gross Profit 3,228,338 5,150,748  
Research & Development 460,518  
Selling, General & Administrative 2,714,054 2,785,195  
Total Operating Expenses 3,174,572 2,785,195  
Operating Income (Loss) 53,766 2,365,553  
Other Income 4,172 5,641  
Interest (Expense) Income (56,697) (277,875)  
Total other income (expense) (52,525) (272,234)  
Income (Loss) before income taxes 1,241 2,093,319  
Income tax benefit (expense) (39,783)  
Net Income (Loss) 1,241 2,053,536  
Total Assets 11,479,953 10,883,182  
Total Liabilities 1,475,442 1,019,074  
Revenues from Intercompany Sales - eliminated from sales above 387,142 330,098  
Depreciation and Amortization 412,220 293,219  
Purchases of Long-lived Assets 129,989 (2,857)  
Overhead [Member]      
Revenues from External Customers  
Cost of Revenues  
Gross Profit  
Research & Development  
Selling, General & Administrative 834,638 467,223  
Total Operating Expenses 834,638 467,223  
Operating Income (Loss) (834,638) (467,223)  
Other Income  
Interest (Expense) Income 169,449 234,845  
Total other income (expense) 169,449 234,845  
Income (Loss) before income taxes (665,189) (232,378)  
Income tax benefit (expense) (25,199) (23,591)  
Net Income (Loss) (690,388) (255,969)  
Total Assets 205,906 302,732  
Total Liabilities 7,648,208 10,280,885  
Revenues from Intercompany Sales - eliminated from sales above 1,797,775 1,164,250  
Depreciation and Amortization 12,739 12,831  
Purchases of Long-lived Assets $ 12,470 $ 12,470