Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
Jan. 31, 2023
Oct. 31, 2022
CURRENT ASSETS    
Cash $ 24,522,383 $ 22,927,371
Accounts Receivable, net 3,142,879 2,870,600
Inventory 11,177,386 10,027,111
Unbilled Receivables 650,774 602,115
Prepaid Expenses 381,011 240,464
Other Current Assets 431,807 343,061
Total Current Assets 40,306,240 37,010,722
FIXED ASSETS    
Property and Equipment, net 6,071,611 5,832,532
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,830,437 3,824,394
Deferred Tax Asset 295,817 259,810
Total Other Assets 4,126,254 4,084,204
Total Assets 50,504,105 46,927,458
CURRENT LIABILITIES    
Accounts Payable 1,414,610 793,247
Accrued Expenses and Other Current Liabilities 1,612,168 1,731,706
Deferred Revenue 805,045 943,569
Total Current Liabilities 3,831,823 3,468,522
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 101,813 76,127
Total Liabilities 3,933,636 3,544,649
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,942,353 issued and outstanding as of January 31, 2023 and 10,916,853 shares issued and outstanding as of October 31, 2022 10,943 10,918
Treasury Stock (28,337) (28,337)
Additional Paid-in Capital 62,496,116 62,313,988
Accumulated Other Comprehensive Loss (3,129,474) (4,737,124)
Accumulated Deficit (12,778,779) (14,176,636)
Total Stockholders’ Equity 46,570,469 43,382,809
Total Liabilities and Stockholders’ Equity $ 50,504,105 $ 46,927,458