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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Oct. 31, 2019
OPERATING ACTIVITIES:      
Net (loss) income $ (551,184) $ 499,769  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 187,793 176,343  
Stock-based compensation 248,031   $ 476,899
Unrealized loss on commodities 985,837 543,149  
Loss on equity method investments 1,311 (105)  
Deferred rent (12,051)  
Amortization of right to use asset 106,961  
Deferred income taxes (213,102) (114,938)  
Changes in operating assets and liabilities:      
Accounts receivable 811,251 706,566  
Inventories 785,372 (127,639)  
Prepaid expenses and other current assets (26,258) 28,778  
Prepaid and refundable income taxes 138,033 210,491  
Accounts payable and accrued expenses (636,344) (1,028,105)  
Change in lease liability (117,468)    
Deposits and other assets (88,160)  
Income taxes payable 217 18,409  
Net cash provided by operating activities 1,720,450 812,507  
INVESTING ACTIVITIES:      
Purchases of machinery and equipment (71,974) (133,511)  
Net cash used in investing activities (71,974) (133,511)  
FINANCING ACTIVITIES:      
Advances under bank line of credit 600,100 7,426  
Principal payments under bank line of credit (1,900,000) (500,000)  
Net cash used in financing activities (1,299,900) (492,574)  
NET INCREASE IN CASH 348,576 186,422  
CASH, BEGINNING OF PERIOD 2,402,556 4,611,384 4,611,384
CASH, END OF PERIOD 2,751,132 4,797,806 $ 2,402,556
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:      
Interest paid 61,906 66,943  
Income taxes paid 9,436 11,958  
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Initial recognition of operating lease right of use asset 2,512,022  
Initial recognition of operating lease liabilities 2,705,484  
Machinery and equipment acquired through financing $ 26,807