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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 31, 2018
Oct. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 200,979 $ 1,065,000
Accounts receivable, trade - net of reserve of $262,511 and $330,720 for 2018 and 2017, respectively 6,768,744 7,013,184
Inventories, net 2,124,337 2,200,666
Other current assets 1,537,874 1,276,850
Unrealized gain on derivatives 5,098 3,787
TOTAL CURRENT ASSETS 10,637,032 11,559,487
PROPERTY AND EQUIPMENT - net 6,497,455 6,850,771
OTHER ASSETS:    
Goodwill 12,156,790 12,156,790
Other intangible assets - net 691,539 833,951
Other assets 76,926 91,926
TOTAL OTHER ASSETS 12,925,255 13,082,667
TOTAL ASSETS 30,059,742 31,492,925
CURRENT LIABILITIES:    
Line of credit 2,015,200 2,000,000
Current portion of long term debt 1,599,996 1,599,996
Accounts payable 1,787,406 1,723,753
Accrued expenses 1,992,601 2,261,365
Current portion of customer deposits 613,433 614,789
TOTAL CURRENT LIABILITIES 8,008,636 8,199,903
Long term debt, less current portion 6,133,348 6,533,347
Deferred tax liability 2,626,013 4,027,550
Subordinated debt 4,500,000 4,500,000
Other liability 29,138 30,561
Customer deposits, less current portion 2,456,337 2,461,762
TOTAL LIABILITIES 23,753,472 25,753,123
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 January 31, 2018 and October 31, 2017 21,960 21,960
Additional paid in capital 58,464,742 58,464,742
Treasury stock, at cost, 601,818 shares as of January 31, 2018 and October 31, 2017 (900,360) (900,360)
Accumulated deficit (51,283,287) (51,848,811)
Accumulated other comprehensive income 3,215 2,271
TOTAL STOCKHOLDERS' EQUITY 6,306,270 5,739,802
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,059,742 $ 31,492,925