Related-Party Transactions

12 Months Ended

Oct. 31, 2025

Related Party Transactions [Abstract]

Related-Party Transactions

Note 8 – Related-Party Transactions

 In March 2020, the Company commenced business operations as a result of becoming the exclusive distributor of certain ENDS and related components (the “Products”) manufactured by Bidi, a related party company that is also owned by Nirajkumar Patel, the former Chief Executive Officer and Director of the Company.

On June 24, 2024, the Company obtained a short-term loan from Bidi, a related party company to finance the state and franchise tax fees. The principal amount was $218,787 and was not subject to interest. The entire principal balance of this loan shall be due and payable in full immediately upon receipt of funds by the Company pursuant to the June 2024 Public Offering noted above. This loan was fully paid on June 25, 2024 and has no remaining outstanding balance.

Revenue and Accounts Receivable

During the fiscal years ended October 31, 2025 and October 31, 2024, the Company recognized revenue of zero and $5,950 from one company owned by Nirajkumar Patel, the former Chief Executive Officer and former Director of the Company, and/or his wife. There was no accounts receivable balance for these transactions as of October 31, 2025 and October 31, 2024.

Purchases and Accounts Payable

There were no purchases of inventory from Bidi for the year ended October 31, 2025 and no amounts owed to Bidi for inventory purchases as of October 31, 2025.

During the fiscal year ended October 31, 2024, 100% of the inventories of Products, consisting solely of the BIDI® Stick, were purchased from Bidi, a related party controlled by Nirajkumar Patel, the former Chief Executive Officer and Director of the Company, in the amount of $250,560, As of October 31, 2024, the Company had $0 in accounts payable to Bidi from inventory purchases.

The KBI License agreement provides that KBI shall pay Bidi license fees equivalent to 50% of the adjusted earned royalty payments, after any offsets due to jointly agreed costs such development costs incurred for entry to specific international markets. During the years ended October 31, 2025 and October 31, 2024, the Company paid license fees of approximately $266,215   and $220,000 to Bidi, respectively. As of October 31, 2024, the Company has a payable to Bidi of $131,683 related to the PMI License Agreement of which $108,215 was paid in December 2024. As of October 31, 2025, the Company has a payable of approximately $50,000 related to the PMI License Agreement of which $37,500 was paid in January 2026.  

Leased Office Space and Storage Space

On June 10, 2022, the Company entered into a Lease Agreement with Just Pick, owned and controlled by Nirajkumar Patel, the former Chief Executive Officer and Director of the Company. The Company had $140,533 and $198,392 in operating lease expenses for the years ended October 31, 2025 and October 31, 2024, respectively.