Leases (Tables)

6 Months Ended

Apr. 30, 2025

Leases

Schedule of Operating Leases

The following summarizes the Company’s operating leases as of April 30, 2025 and October 31, 2024:

Assets	April 30, 2025		October 31, 2024
Right-of-use operating lease assets	$	2,894,746	$	1,166,537
Total lease assets	$	2,894,746	$	1,166,537

Liabilities	April 30, 2025		October 31, 2024
Current lease liability	$	793,729	$	307,364
Non-current lease liability		2,135,691	$	865,668
Total lease liability	$	2,929,420	$	1,173,032

The weighted-average remaining lease term and the weighted-average discount rate of the Company’s leases were as follows:

Weighted average remaining lease term (in years)	3.43
Weighted average discount rate	6.77	%

 

Schedule of Maturity Lease Liability

Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows:

For the Years Ending October 31,:
Remainder of fiscal 2025	$	478,476
2026		955,052
2027		920,091
2028		864,490
2029		66,741
Total lease payments		3,284,850
Less: imputed interest		(355,430	)
Present value of operating lease liabilities	$	2,929,420