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Condensed Unaudited Statements of Cash Flows - USD ($)
3 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Cash Flows from Operating Activities    
Net Loss $ (2,616,683) $ (2,719,712)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 2,295,794 2,217,751
Distributions in excess of earnings from equity method investments 121,589 270,018
Non-cash patronage income (398,812) (212,167)
Changes in assets and liabilities    
Accounts receivable (125,078) (1,666,262)
Inventories (594,158) (922,746)
Derivative instruments 60,827 234,255
Prepaids and other (254,713) (19,432)
Accounts payable (201,356) 443,993
Accrued expenses 547,962 (126,321)
Net cash used in operating activities (1,164,628) (2,500,623)
Cash Flows from Investing Activities    
Capital expenditures (189,369) (453,021)
Net cash used in investing activities (189,369) (453,021)
Cash Flows from Financing Activities    
Payments on long-term debt (3,750,000) (750,000)
Proceeds from long-term debt 5,000,000 4,000,000
Payment on finance lease liability (25,942) 0
Net cash provided by financing activities 1,224,058 3,250,000
Net (Decrease) Increase in Cash and Cash Equivalents (129,939) 296,356
Cash and Cash equivalents – Beginning of Period 1,639,114 430,702
Cash and Cash equivalents – End of Period 1,509,175 727,058
Supplemental Cash Flow Information    
Cash paid for interest 123,030 171,079
Supplemental Disclosure of Noncash Financing and Investing Activities    
Capital expenditures included in accounts payable 87,026 20,723
Establishment of lease liability and right of use asset $ 2,064,994 $ 0