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Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jul. 31, 2015
Jul. 31, 2014
Revenues        
Revenues $ 3,244,075 $ 2,865,319 $ 9,229,586 $ 8,574,311
Cost and expenses:        
Cost of revenues 1,296,796 1,300,968 3,803,288 3,989,402
Research and development expenses 185,550 171,325 553,924 506,604
Selling, general, and administrative expenses 1,670,334 1,168,614 4,078,973 3,468,094
Total costs and expenses 3,152,680 2,640,907 8,436,185 7,964,100
Income from operations 91,395 224,412 793,401 610,211
Interest expense - related party 54,285 59,262 170,875 180,063
Income before income taxes 37,110 165,150 622,526 430,148
Provision for Income taxes 14,690 36,408 307,050 156,502
Net income $ 22,420 $ 128,742 $ 315,475 $ 273,646
Net income per common share - basic   $ 0.02 $ 0.04 $ 0.04
Net income per common share - diluted   $ 0.02 $ 0.04 $ 0.04
Weighted average number of common shares outstanding - basic 7,630,482 7,529,026 7,647,066 7,433,951
Weighted average number of common shares outstanding - diluted 7,753,176 7,812,157 7,769,760 7,713,440