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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jul. 31, 2017
Oct. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 497,332 $ 5,553,815
Accounts receivable, trade - net of reserve of $445,648 and $268,711 for 2017 and 2016, respectively 6,993,451 8,022,952
Inventories 2,391,779 2,061,713
Other current assets 1,332,447 901,374
Unrealized gain on derivatives 2,055
TOTAL CURRENT ASSETS 11,217,064 16,539,854
PROPERTY AND EQUIPMENT - net 6,809,932 6,768,185
OTHER ASSETS:    
Goodwill 12,156,790 12,156,790
Other intangible assets - net 983,086 1,493,694
Deferred tax asset 692,373 692,373
Other assets 106,926 278,633
TOTAL OTHER ASSETS 13,939,175 14,621,490
TOTAL ASSETS 31,966,171 37,929,529
CURRENT LIABILITIES:    
Line of credit 2,000,000
Current portion of long term debt 1,599,996 1,599,996
Accounts payable 1,822,315 3,268,951
Accrued expenses 1,996,823 3,087,566
Current portion of customer deposits 680,801 647,460
Current portion of unrealized loss on derivatives 24,793
TOTAL CURRENT LIABILITIES 8,099,935 8,628,766
Long term debt, less current portion 6,933,346 8,133,343
Deferred tax liability 4,472,100 4,472,100
Subordinated debt 4,500,000 9,000,000
Other liability 43,670
Customer deposits, less current portion 2,668,733 2,529,300
Long term portion of unrealized loss on derivatives 7,660
TOTAL LIABILITIES 26,717,784 32,771,169
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock - $.001 par value, 50,000,000 authorized shares, 21,960,229 issued and 21,358,411 outstanding shares as of July 31, 2017 and October 31, 2016 21,960 21,960
Additional paid in capital 58,464,742 58,464,742
Treasury stock, at cost, 601,818 shares as of July 31, 2017 and October 31, 2016 (900,360) (900,360)
Accumulated deficit (52,339,187) (52,408,509)
Accumulated other comprehensive income (loss) 1,232 (19,473)
TOTAL STOCKHOLDERS' EQUITY 5,248,387 5,158,360
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 31,966,171 $ 37,929,529