Quarterly report pursuant to Section 13 or 15(d)

INVENTORY

v3.22.2.2
INVENTORY
9 Months Ended
Jul. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 5 – INVENTORY

 

Inventory is stated at the lower of cost (First in, First Out method) or net realizable value. Inventory consisted of the following components:

 

 

    July 31,     October 31,  
    2022     2021  
             
Raw materials and parts   $ 6,847,710     $ 7,525,419  
Work in progress     660,890       919,619  
Finished goods     2,674,613       2,246,139  
Total Inventory   $ 10,183,213     $ 10,691,177