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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jul. 31, 2024
Jul. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (5,212,725) $ (8,757,200)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Stock based compensation 62,000 0
Depreciation and amortization 590,319 131,530
Amortization of debt discount 163,064 0
Loss on extinguishment of debt 98,432 (0)
Stock options expense 76,932 3,385,946
Stock warrant expense 0 141,816
Bad debt expense 1,925 4,622
Reserve for credit losses 203,382 0
ROU operating lease expense 148,012 142,202
Write-off of inventory 57,643 105,057
Changes in current assets and liabilities:    
Accounts receivable 1,141,786 (140,624)
Other receivable - related party 0 727,205
Prepaid expenses 354,330 253,806
Inventory 3,813,817 (2,457,323)
Income tax receivable 0 1,607,302
Accounts payable (300,998) 84,988
Accounts payable - related party (991,817) 2,308,373
Accrued expenses (18,579) (603,641)
Deferred revenue 0 (235,274)
Customer deposits 0 (44,973)
Customer refunds due 69,312 618,403
Operating lease obligations (136,014) (122,205)
Net cash provided by (used in) operating activities 120,821 (2,849,990)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for equipment 0 (3,480)
Transaction acquisition costs 0 (312,289)
Net cash used in investing activities 0 (315,769)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from loans payable 1,106,732 751,030
Payments on loans payable (2,271,613) (267,952)
Payments on loans payable – related party (218,787) 0
Proceeds from the issuance of common stock, warrants, and pre-funded warrants 5,997,720 0
Payments for issuance costs (744,993) 0
Proceeds from exercises of pre-funded warrants 1,450 0
Net cash provided by financing activities 3,870,509 483,078
Net change in cash 3,991,330 (2,682,681)
Beginning cash balance 533,659 3,685,893
Ending cash balance 4,524,989 1,003,212
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid 562,402 135,135
Income taxes paid 0 0
NON-CASH TRANSACTIONS    
Preferred stock dividend 202,500 45,000
Cashless exercise of pre-funded warrants 724 0
Insurance financed by third party 475,481 0
Franchise fees paid by related party 218,787 0
Common shares issued for acquisition intangible assets 0 1,119,800
Common shares issued for services-transaction cost 0 51,510
Series B preferred stock shares issued for acquisition intangible assets 0 9,047,980
Stock warrants issued for acquisition intangible assets $ 0 $ 1,264,396