Leases (Tables)

6 Months Ended

Apr. 30, 2024

Leases [Abstract]

Schedule Of Operating Leases

The following summarizes the Company’s operating leases:

Assets	2024		2023
Right-of-use operating lease assets	$	2,572,703	$	2,858,346
Total lease assets	$	2,572,703	$	2,858,346

Liabilities		2024		2023
Current lease liability	$	627,209	$	137,222
Non-current lease liability		2,501,749		3,230,204
Total lease liability	$	3,128,958	$	3,367,426

 

Weighted average remaining lease term (in years)	10.8
Weighted average discount rate	4.9	%

 

Schedule Of Maturity Lease Liability

Maturities of lease liabilities by year for our operating leases are as follows:

2024	$	588,365
2025		400,868
2026		376,679
2027		367,788
2028		305,648
Thereafter		2,052,475
Total lease payments		4,091,823
Less: imputed interest		(962,865	)
Present value of operating lease liabilities	$	3,128,958