Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Oct. 31, 2018
Oct. 31, 2017
CURRENT ASSETS    
Cash and Cash Equivalents $ 7,512,422 $ 6,851,539
Accounts Receivable, Net 3,326,623 1,418,114
Inventory 3,823,243 3,652,249
Unbilled Receivables 3,013,116 2,723,172
Other Current Assets 219,424 320,814
Prepaid Expenses 227,479 291,623
Total Current Assets 18,122,307 15,257,511
FIXED ASSETS    
Property and Equipment, net 5,246,183 5,213,281
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,613,952 3,589,281
Deferred Tax Asset 1,754,169
Total other assets 5,368,121 3,589,281
Total Assets 28,736,611 24,060,073
CURRENT LIABILITIES    
Accounts Payable 988,148 981,994
Accrued Expenses and Other Current Liabilities 685,454 519,208
Loans and Note Payable, current 964,695 2,212,951
Deferred Revenue, Current 602,914 402,955
Total Current Liabilities 3,241,211 4,117,108
LONG TERM LIABILITIES    
Deferred Revenue, long term 48,906 49,143
Loans and Note Payable, long term 1,059,544 6,066,402
Total Long Term Liabilities 1,108,450 6,115,545
Total Liabilities 4,349,661 10,232,653
STOCKHOLDERS' EQUITY    
Preferred stock, Series C, $.001 par value; 5,000,000 shares authorized 0 and 1,000 shares issued and outstanding as of October 31, 2018 and 2017, respectively 1
Common stock, $.001 par value; 150,000,000 shares authorized, 10,640,416 and 9,136,121 shares issued and outstanding as of October 31, 2018 and 2017, respectively 10,641 9,136
Additional paid-in capital 58,599,378 52,839,651
Accumulated other comprehensive loss (2,228,663) (2,038,431)
Accumulated deficit (31,994,406) (36,982,937)
Total Stockholders' Equity 24,386,950 13,827,420
Total Liabilities and Stockholders' Equity $ 28,736,611 $ 24,060,073