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Leases
12 Months Ended
Oct. 31, 2025
Leases  
Leases

Note 6 – Leases

 

The Company does not have financing leases and only have one operating lease for office space and inventory storage space with Just Pick, LLC (“Just Pick”), a related party that was owned and controlled by Nirajkumar Patel, the former Chief Executive Officer and Director of the Company (see Note 8). Certain of the Company’s leases, have and may in the future, include renewal options, which have been and might be in the future, included in the calculation of the lease liabilities and right of use assets when the Company is reasonably certain to exercise the option.

 

          
   October 31, 2025  October 31, 2024
Other Lease Information          
Cash paid for amounts included in the measurement of lease liabilities:          
 Operating cash flows from operating leases  $(102,410)  $(198,392)

  

As of October 31, 2025, the Company had no lease liability.

  

As of October 31, 2025, the Company had no additional leases which had not yet commenced.

 

On April 23, 2025, the Company received a letter of demand from Just Pick, LLC, noting that the Company was in breach of the lease as base rent and operating expenses have not been paid since January 8, 2025. On April 30, 2025, the Company responded and provided Just Pick, LLC with a termination notice. As of April 30, 2025, the Company determined that it would no longer be using the leased office space in its business and recorded a loss on the ROU assets of $707,626, accordingly. In May 2025, the Company paid the total unpaid lease payments through May 2025 amounting to $78,217. On January 7, 2026, the Company executed a settlement agreement with Just Pick where both parties agreed to no further payments remaining for the office lease liability. The lease liability was written off as of October 31, 2025 and the Company recognized a net gain of approximately $59,000 from the termination of the lease.