XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2018
Jul. 31, 2017
[1]
Jul. 31, 2018
Jul. 31, 2017
[1]
Consolidated Statements of Operations        
Revenues $ 3,715,767 $ 3,331,898 $ 10,731,096 $ 10,371,235
Cost of expenses:        
Cost of revenues 3,908,281 1,508,510 8,173,702 4,757,598
Research and development expenses 151,185 186,352 455,014 600,205
Selling, general, and administrative expenses 2,254,846 2,107,303 6,751,959 5,814,285
Total costs and expenses 6,314,312 3,802,165 15,380,675 11,172,088
Loss from operations (2,598,545) (470,267) (4,649,579) (800,853)
Interest expense - related party 78,300 41,400 214,100 122,850
Other loss 0 0 4,506 5,221
Loss before income taxes (2,676,845) (511,667) (4,868,185) (928,924)
Provision / (benefit) for income taxes 0 86,500 0 (208,890)
Net loss $ (2,676,845) $ (598,167) $ (4,868,185) $ (720,034)
Net loss per common share - basic $ (0.35) $ (0.08) $ (0.63) $ (0.09)
Net loss per common share - diluted $ (0.35) $ (0.08) $ (0.63) $ (0.09)
Weighted average number of common shares outstanding - basic 7,696,091 7,696,091 7,696,091 7,693,069
Weighted average number of common shares outstanding - diluted 7,696,091 7,696,091 7,696,091 7,693,069
[1] Certain July 31, 2017 balances have been restated from previously reported results. Please refer to Note 2 of the Company’s Annual Report on Form 10-K for the year ended October 31, 2017