7. Operating Leases of Lessee Disclosure

12 Months Ended

Oct. 31, 2018

Notes

7. Operating Leases of Lessee Disclosure

7. Leases

The Company’s headquarters, located in Stamford, Connecticut, are subject to a lease through June 30, 2023, at an average annual rental rate of $220,000. The Company’s software development and manufacturing facility, located in Bohemia, New York, is subject to a lease through October 31, 2020, at an average annual rental rate of $139,000. The Company’s primary software development facility, located in Orlando, Florida, is subject to a lease through August 31, 2021, at an average annual rental rate of $64,000. The company also has regional offices in Bloomington, Minnesota and Vienna, Virginia, which are subject to a lease through July 31, 2019 and 2021, respectively, at an average rental rate of $16,000 and $83,000, respectively. An additional regional office in Irving, Texas is subject to a lease through April 30, 2023, at an annual rate of $60,000. These leases provide for additional payments of real estate taxes and other operating expenses over the base amount in the rental agreement. Other short-term operating leases are included below. All other operating leases are under a month-to-month arrangement. Rent expense, which includes utilities, was $618,000 and $528,000 for the year ended October 31, 2018 and 2017, respectively.

	Contractual obligations
Fiscal Year Ended October 31:	under operating leases
2019	$                                            617,863
2020	606,908
2021	437,746
2022	308,520
Thereafter	195,183
Total minimum contractual obligations	$                                            2,166,220