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Consolidated Statements of Operations - USD ($)
12 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Revenues    
Revenues, net $ 5,882,597 $ 12,395,134
Revenues - related party 5,950 10,828
Royalty revenue 1,040,759 780,929
Excise tax on products (42,641) (99,873)
Total revenues, net 6,886,665 13,087,018
Cost of revenues    
Cost of revenue - related party 4,281,171 10,512,423
Total cost of revenue 4,281,171 10,512,423
Gross profit 2,605,494 2,574,595
Operating expenses    
Advertising and promotion 686,292 2,450,721
General and administrative expenses 7,628,050 10,787,775
Total operating expenses 8,314,342 13,238,496
Other expense    
Loss on extinguishment of debt (98,432)
Loss on settlement of payables (142,786)
Interest expense, net (729,558) (466,523)
Total other expense (970,776) (466,523)
Loss before income taxes provision (6,679,624) (11,130,424)
Provision for income taxes 19,658 2,348
Net loss (6,699,282) (11,132,772)
Preferred stock dividend (270,000) (112,500)
Net loss attributable to common shareholders $ (6,969,282) $ (11,245,272)
Net loss per common share - basic $ (1.62) $ (4.13)
Net loss per common share - diluted $ (1.62) $ (4.13)
Weighted average number of common shares outstanding - basic 4,313,900 2,721,080
Weighted average number of common shares outstanding - diluted 4,313,900 2,721,080