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Consolidated Balance Sheets - USD ($)
Apr. 30, 2017
Oct. 31, 2016
Current assets:    
Cash $ 1,842,105 $ 1,523,655
Accounts receivable, net 1,291,975 1,073,498
Deferred tax assets, current 418,889 418,889
Prepaid expenses and other current assets 399,719 217,410
Total current assets 3,952,688 3,233,452
PASSUR Network, net 5,918,106 5,739,753
Capitalized software development costs, net 8,616,778 8,263,533
Property and equipment, net 1,001,391 1,187,158
Deferred tax assets, non-current 1,358,400 1,250,833
Other assets 192,619 208,755
Total assets 21,039,982 19,883,484
Current liabilities:    
Accounts payable 681,019 356,387
Accrued expenses and other current liabilities 804,820 936,272
Deferred revenue, current portion 4,049,087 3,140,292
Total current liabilities 5,534,926 4,432,951
Deferred revenue, long term portion 517,871 423,346
Note payable - related party 2,700,000 2,700,000
Total liabilities 8,752,797 7,556,297
Commitments and contingencies
Stockholders' equity:    
Preferred shares - authorized 5,000,000 shares, par value $0.01 per share; none issued or outstanding
Common shares - authorized 20,000,000 and 10,000,000 shares, respectively, par value $0.01 per share; issued 8,480,526 and 8,465,526 at April 30, 2017 and October 31, 2016 84,804 84,654
Additional paid-in capital 16,375,626 16,082,865
Accumulated deficit (2,239,567) (1,944,904)
Stockholders' equity before treasury stock 14,220,863 14,222,615
Treasury stock, at cost, 784,435 and 775,327 shares at April 30, 2017 and October 31, 2016 (1,933,678) (1,895,428)
Total stockholders' equity 12,287,185 12,327,187
Total liabilities and stockholders' equity $ 21,039,982 $ 19,883,484