XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Revenues $ 13,608,691 $ 10,958,202
Cost of revenues 5,908,377 4,816,895
Research and development 403,884 290,555
Selling, general, and administrative expenses 5,322,341 4,408,129
Total costs and expenses 11,634,602 9,515,579
Income from operations 1,974,089 1,442,623
Interest expense - related party 912,079 1,374,936
Income before income taxes 1,062,010 67,687
Income tax (benefit) provision (1,571,926) 46,324
Net income $ 2,633,936 $ 21,363
Net income per common share - basic $ 0.45  
Net income per common share - diluted $ 0.39  
Weighted average number of common shares outstanding - basic 5,894,817 4,553,681
Weighted average number of common shares outstanding - diluted 6,706,458 5,342,299