7. Leases (Tables)

12 Months Ended

Oct. 31, 2020

Table Text Block Supplement [Abstract]

Schedule of Total Lease Costs

A summary of total lease costs and other information for the period relating to the Company’s operating leases is as follows:

	Year Ended
Total lease cost	October 31, 2020
Operating lease cost	$ 806,810
Short-term lease cost	$ 209,543
Variable lease cost	$ 48,171
Total	$ 1,064,524
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 778,204
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 14,418
Weighted-average remaining lease term - operating leases	3.3 years
Weighted-average discount rate - operating leases	9.75%

Schedule of Future Minimum Rental Payments for Operating Leases

The total future minimum lease payments, over the remaining lease term, relating to the Company’s operating leases for each of the next five fiscal years and thereafter is as follows:

Fiscal Year Ended October 31:	Operating Leases
2021	$ 201,571
2022	122,494
2023	85,792
2024	62,545
2025	40,393
Thereafter	-
Total future minimum lease payments	$ 512,795
Less imputed interest	(72,699)
Total	$ 440,096

Schedule of Contractual Obligation Maturity

The following table summarizes scheduled maturities of the Company’s contractual obligations relating to operating leases for which cash flows are fixed and determinable as of October 31, 2020:

Fiscal Year Ended October 31:	Payments Due in Fiscal Year (1)
2021	$ 121,981
2022	60,590
2023	60,590
2024	60,590
2025	40,393
Thereafter	-
Total contractual obligations	$ 344,144

⁽¹⁾ Minimum operating lease commitments only include base rent. Certain leases provide for contingent rents that are not measurable at inception and primarily include common area maintenance and real estate taxes. These amounts are excluded from minimum operating lease commitments and are included in the determination of total rent expense when it is probable that the expense has been incurred and the amount is reasonably measurable. Such amounts have not been material to total rent expense.