Debt Financing (Tables)

12 Months Ended

Oct. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following at:

	October 31, 2021		October 31, 2020
Term Revolving Loan	499,000		5,999,000
2020 Term Loan	3,000,000		6,000,000
PPP Loan	—		712,200
Total	3,499,000		12,711,200
Less debt issuance costs	(8,709)		(31,104)
Less amounts due within one year	(2,991,291)		(2,835,045)
Net long-term debt	$	499,000	$	9,845,051

Schedule of Maturities of Long-term Debt

The estimated maturities of the long-term debt at October 31, 2021 are as follows:

Fiscal Year	Principal		Debt Issuance Costs		Total
2022	3,000,000		(8,709)		2,991,291
2023	499,000		—		499,000
Long-term debt	$	3,499,000	$	(8,709)	$	3,490,291