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Consolidated Balance Sheets - USD ($)
Jul. 31, 2016
Oct. 31, 2015
Current assets:    
Cash $ 1,245,645 $ 925,508
Accounts receivable, net 1,185,228 1,234,986
Deferred tax asset, current 551,671 551,671
Prepaid expenses and other current assets 399,130 157,930
Total current assets 3,381,674 2,870,095
PASSUR Network, net 5,799,784 5,902,751
Capitalized software development costs, net 8,223,196 7,684,603
Property and equipment, net 1,302,458 1,353,532
Deferred tax asset, non-current 1,435,675 1,658,557
Other assets 223,452 239,861
Total assets 20,366,239 19,709,399
Current liabilities:    
Accounts payable 480,356 880,819
Accrued expenses and other current liabilities 1,122,738 977,900
Deferred revenue, current portion 3,505,482 2,680,244
Total current liabilities 5,108,576 4,538,963
Deferred revenue, less current portion 463,256 197,336
Notes payable - related party 2,700,000 3,500,000
Total liabilities 8,271,831 8,236,299
Stockholders' equity:    
Preferred shares - authorized 5,000,000 shares, par value $0.01 per share; none issued or outstanding
Common shares - authorized 10,000,000 shares, par value $0.01 per share; issued 8,465,526 and 8,428,526 at July 31, 2016 and October 31, 2015, respectively 84,655 84,284
Additional paid-in capital 15,956,723 15,663,796
Accumulated deficit (2,051,542) (2,379,552)
Stockholders' deficit before treasury stock 13,989,836 13,368,528
Treasury stock, at cost, 775,327 shares at both July 31, 2016 and October 31, 2015 (1,895,428) (1,895,428)
Total stockholders' equity 12,094,408 11,473,100
Total liabilities and stockholders' equity $ 20,366,239 $ 19,709,399