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Consolidated Balance Sheets - USD ($)
Oct. 31, 2016
Oct. 31, 2015
Current assets:    
Cash $ 1,523,655 $ 925,508
Accounts receivable, net 1,073,498 1,234,986
Deferred tax asset, current 418,889 551,671
Prepaid expenses and other current assets 217,410 157,930
Total current assets 3,233,452 2,870,095
PASSUR Network, net 5,739,753 5,902,751
Capitalized software development costs, net 8,263,533 7,684,603
Property and equipment, net 1,187,158 1,353,532
Deferred tax asset, non-current 1,250,833 1,658,557
Other assets 208,755 239,861
Total assets 19,883,484 19,709,399
Current liabilities:    
Accounts payable 356,387 880,819
Accrued expenses and other current liabilities 936,272 977,900
Deferred revenue, current portion 3,140,292 2,680,244
Total current liabilities 4,432,951 4,538,963
Deferred revenue, long term portion 423,346 197,336
Notes payable - related party 2,700,000 3,500,000
Total liabilities 7,556,297 8,236,299
Commitment and contingencies
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 outstanding 7,690,199 in fiscal year 2016; issued 8,428,526 and outstanding 7,653,199 in fiscal year 2015 84,654 84,284
Additional paid-in capital 16,082,865 15,663,796
Accumulated deficit (1,944,904) (2,379,552)
Stockholders' deficit before treasury stock 14,222,615 13,368,528
Treasury stock, at cost, 775,327 and 775,327 shares in fiscal years 2016 and 2015 (1,895,428) (1,895,428)
Total stockholders' equity 12,327,187 11,473,100
Total liabilities and stockholders' equity $ 19,883,484 $ 19,709,399