Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
Apr. 30, 2020
Oct. 31, 2019
CURRENT ASSETS    
Cash $ 12,808,662 $ 11,721,683
Accounts Receivable, net 3,150,117 4,431,971
Inventory 7,511,958 5,350,514
Unbilled Receivables 2,021,496 2,279,362
Other Current Assets 277,892 298,187
Prepaid Expenses 417,466 198,140
Total Current Assets 26,187,591 24,279,857
FIXED ASSETS    
Property and Equipment, net 6,115,862 5,986,812
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,640,819 3,612,891
Deferred Tax Asset 594,395 631,684
Total Other Assets 4,235,214 4,244,575
Total Assets 36,538,667 34,511,244
CURRENT LIABILITIES    
Accounts Payable 1,085,297 1,273,490
Accrued Expenses and Other Current Liabilities 512,095 576,672
Notes Payable, current 673,835 487,140
Deferred Revenue, current 2,036,612 830,148
Total Current Liabilities 4,307,839 3,167,450
LONG TERM LIABILITIES    
Deferred Revenue, long term 230,425 143,587
Notes Payable, long term 671,872 572,434
Total Long Term Liabilities 902,297 716,021
Total Liabilities 5,210,136 3,883,471
STOCKHOLDERS' EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,721,881 shares issued and outstanding as of April 30, 2020 and October 31, 2019 10,723 10,723
Additional Paid-in Capital 59,609,964 59,521,665
Accumulated Other Comprehensive Loss (2,604,642) (2,135,408)
Accumulated Deficit (25,687,514) (26,769,207)
Total Stockholders' Equity 31,328,531 30,627,773
Total Liabilities and Stockholders' Equity $ 36,538,667 $ 34,511,244