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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Cash flows from operating activities    
Net income/(loss) $ 135,397 $ (583,250)
Adjustments to reconcile net income/(loss) to net cash (used in)/provided by operating activities:    
Depreciation and amortization 186,528 1,000,847
Federal Stimulus credits utilized (1,016,037) 0
Other 180 9,329
Stock-based compensation 47,026 146,648
Operating lease assets and liabilities, net (45,589) (4,492)
Changes in operating assets and liabilities:    
Accounts receivable 60,431 42,405
Prepaid expenses and other current assets (40,780) (39,893)
Other assets 0 1,404
Accounts payable (242,687) (45,010)
Accrued expenses and other current liabilities 34,837 119,427
Accrued interest - related party 0 210,286
Deferred revenue 47,443 (622,492)
Total adjustments (968,648) 818,459
Net cash (used in)/provided by operating activities (833,251) 235,209
Cash flows used in investing activities    
Software development costs 0 (488,774)
Property and equipment 0 (7,015)
Net cash used in investing activities 0 (495,789)
Cash flows from financing activities    
Proceeds from notes payable - related party 0 520,000
Proceeds from exercise of stock options 0 23,200
Net cash provided by financing activities 0 543,200
(Decrease)/Increase in cash (833,251) 282,620
Cash - beginning of period 2,748,066 145,151
Cash - end of period 1,914,815 427,771
Supplemental cash flow information    
Interest - related party 266,400 0
Income taxes $ 0 $ 31,560