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Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Consolidated Statements of Income        
Revenues $ 3,827,108 $ 3,244,075 $ 11,071,991 $ 9,229,586
Cost and expenses:        
Cost of revenues 1,647,033 1,296,796 4,779,657 3,803,288
Research and development expenses 231,742 185,550 641,255 553,924
Selling, general, and administrative expenses 1,585,989 1,670,334 4,946,624 4,078,973
Total costs and expenses 3,464,764 3,152,680 10,367,536 8,436,185
Income from operations 362,344 91,395 704,455 793,401
Interest expense - related party 44,367 54,285 141,933 170,875
Income before income taxes 317,977 37,110 562,522 622,526
Provision for income taxes 136,677 14,690 234,512 307,050
Net income $ 181,300 $ 22,420 $ 328,010 $ 315,475
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 7,690,199 7,630,482 7,676,170 7,647,066
Weighted average number of common shares outstanding - diluted 7,751,483 7,753,176 7,725,333 7,769,760