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Consolidated Statements of Income (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Apr. 30, 2012
Revenues        
Revenues $ 2,661,232 $ 3,532,004 $ 5,335,758 $ 6,995,788
Cost and expenses:        
Cost of revenues 1,399,599 1,503,623 2,915,155 3,179,401
Research and development 163,579 117,594 310,535 213,332
Selling, general, and administrative expenses 942,359 1,274,161 1,840,449 2,512,511
Total costs and expenses 2,505,537 2,895,378 5,066,139 5,905,244
Income from operations 155,695 636,626 269,619 1,090,544
Interest expense - related party 70,680 72,223 143,741 146,051
Income before income taxes 85,015 564,403 125,878 944,493
Provision for Income taxes 21,031 5,000 49,576 5,000
Net income $ 63,984 $ 559,403 $ 76,302 $ 939,493
Net income per common share - basic $ 0.01 $ 0.08 $ 0.01 $ 0.13
Net income per common share - diluted $ 0.01 $ 0.07 $ 0.01 $ 0.12
Weighted average number of common shares outstanding - basic 7,215,632 7,178,140 7,204,200 7,176,624
Weighted average number of common shares outstanding - diluted 7,844,278 8,006,908 7,842,211 8,003,504