Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Apr. 30, 2021
Oct. 31, 2020
CURRENT ASSETS    
Cash $ 16,591,308 $ 15,134,289
Accounts Receivable, net 3,100,403 2,014,660
Inventory 10,568,094 9,142,273
Unbilled Receivables 1,080,436 861,300
Prepaid Expenses 359,478 289,204
Other Current Assets 601,533 244,171
Total Current Assets 32,301,252 27,685,897
FIXED ASSETS    
Property and Equipment, net 6,038,224 6,059,900
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,752,453 3,731,452
Deferred Tax Asset 629,037 561,902
Total Other Assets 4,381,490 4,293,354
Total Assets 42,720,966 38,039,151
CURRENT LIABILITIES    
Accounts Payable 1,286,004 1,284,097
Accrued Expenses and Other Current Liabilities 466,315 584,202
Notes Payable 321,258 509,769
Deferred Revenue 1,178,678 1,006,454
Total Current Liabilities 3,252,255 3,384,522
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 201,737 195,022
Notes Payable, less current portion 63,339
Total Long Term Liabilities 201,737 258,361
Total Liabilities 3,453,992 3,642,883
STOCKHOLDERS' EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,817,042 shares issued and outstanding as of April 30, 2021 and 10,751,881 shares issued and outstanding as of October 31, 2020, respectively 10,818 10,753
Additional Paid-in Capital 60,441,954 60,132,415
Accumulated Other Comprehensive Loss (1,096,953) (2,321,278)
Accumulated Deficit (20,088,845) (23,425,622)
Total Stockholders' Equity 39,266,974 34,396,268
Total Liabilities and Stockholders' Equity $ 42,720,966 $ 38,039,151