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Consolidated Statements of Income (USD $)
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Revenues $ 3,463,784 $ 3,510,396
Cost of revenues 1,675,778 1,499,587
Research and development 95,738 75,160
Selling, general, and administrative expenses 1,238,350 1,274,528
Total costs and expenses 3,009,866 2,849,275
Income from operations 453,918 661,121
Interest expense - related party 73,828 351,005
Net income $ 380,090 $ 310,116
Net income per common share - basic $ 0.05 $ 0.07
Net income per common share - diluted $ 0.05 $ 0.06
Weighted average number of common shares outstanding - basic 7,175,140 4,691,448
Weighted average number of common shares outstanding - diluted 8,012,448 5,505,012