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Major Customers and Concentration of Credit Risk
9 Months Ended
Jul. 31, 2025
Risks and Uncertainties [Abstract]  
Major Customers and Concentration of Credit Risk

Note 11 – Major Customers and Concentration of Credit Risk

 

For the nine months ended July 31, 2025, the Company had three customers accounted for approximately 57% of the revenue recorded. For the nine months ended July 31, 2024, three customers accounted for 100% of the revenue recorded. For the three months ended July 31, 2025, all of the revenue recorded was generated from sales to retail customers with none of them exceeding 5% of total revenue recorded. For the three months ended July 31, 2024, one customer accounted for 100% of the revenue recorded.

 

Financial instruments which potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents, accounts receivable, amounts due from related parties and advances to suppliers. For the three and nine months ended July 31, 2025 and 2024, none of the Company’s revenue was credit sales.