Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Jul. 31, 2022
Oct. 31, 2021
CURRENT ASSETS    
Cash $ 21,370,920 $ 17,747,656
Accounts Receivable, net 4,254,168 4,207,996
Inventory 10,183,213 10,691,177
Unbilled Receivables 416,394 1,080,384
Prepaid Expenses 397,127 1,202,327
Other Current Assets 469,175 627,619
Total Current Assets 37,090,997 35,557,159
FIXED ASSETS    
Property and Equipment, net 6,123,548 6,037,101
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,825,878 3,794,383
Deferred Tax Asset 163,553 76,776
Total Other Assets 3,989,431 3,871,159
Total Assets 47,203,976 45,465,419
CURRENT LIABILITIES    
Accounts Payable 836,978 1,454,611
Accrued Expenses and Other Current Liabilities 1,416,326 740,449
Note Payable 63,559
Deferred Revenue 2,056,487 1,999,841
Total Current Liabilities 4,309,791 4,258,460
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 102,815 157,886
Total Long Term Liabilities 102,815 157,886
Total Liabilities 4,412,606 4,416,346
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,858,302 issued and outstanding as of July 31, 2022 and 10,857,195 shares issued and outstanding as of October 31, 2021 10,859 10,858
Additional Paid-in Capital 62,158,977 61,183,131
Accumulated Other Comprehensive Loss (4,497,817) (1,667,059)
Accumulated Deficit (14,880,649) (18,477,857)
Total Stockholders’ Equity 42,791,370 41,049,073
Total Liabilities and Stockholders’ Equity $ 47,203,976 $ 45,465,419