XML 13 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Income Statement [Abstract]        
NET SALES $ 18,995,913 $ 15,320,703 $ 38,536,315 $ 33,646,818
COST OF SALES 15,291,933 12,488,522 31,352,036 28,494,333
GROSS PROFIT 3,703,980 2,832,181 7,184,279 5,152,485
OPERATING EXPENSES        
Selling and administrative 3,629,578 3,071,747 6,319,625 6,013,188
Officers’ salaries 141,052 144,888 314,393 324,775
TOTAL 3,770,630 3,216,635 6,634,018 6,337,963
INCOME (LOSS) FROM OPERATIONS (66,650) (384,454) 550,261 (1,185,478)
OTHER INCOME (EXPENSE)        
Interest income 34,406 6 34,413 3,113
Interest expense (73,253) (119,106) (190,786) (249,566)
(Loss) gain from equity method investments 6,024 (4,286) (9,303)
Other income 234,041
TOTAL (32,823) (123,386) (156,373) (21,715)
INCOME (LOSS) BEFORE BENEFIT FOR INCOME TAXES (99,473) (507,840) 393,888 (1,207,193)
Expense (benefit) for income taxes (77,632) (148,000) 64,705 (315,250)
NET INCOME (LOSS) $ (21,841) $ (359,840) $ 329,183 $ (891,943)
Basic (loss) income earnings per share $ (0.06) $ 0.06 $ (0.16)
Diluted (loss) income earnings per share $ (0.06) $ 0.06 $ (0.16)
Weighted average common shares outstanding:        
Weighted average common shares outstanding basic 5,708,599 5,708,599 5,708,599 5,708,599
Weighted average common shares outstanding diluted 5,708,599 5,708,599 5,708,599 5,708,599