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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities    
Net Income/(Loss) $ 20,577 $ (12,563,876)
Adjustments to reconcile net income/(loss) to net cash used in operating activities:    
Depreciation and amortization 539,066 1,920,046
Provision for doubtful accounts (43,905) 103,534
Federal Stimulus credits utilized (3,377,105) (207,531)
Loss on disposal of assets 0 19,473
Other 0 2,243
Stock-based compensation 178,148 363,706
Operating lease assets, liability, net (92,536) 58,650
Loss from impairment charges 0 9,874,281
Changes in operating assets and liabilities:    
Accounts receivable 200,278 577,545
Prepaid expenses and other current assets (61,955) (22,874)
Other assets 550 (45,292)
Accounts payable (712,419) 370,445
Accrued expenses and other current liabilities 95,499 110,521
Accrued interest - related party 0 667,741
Deferred revenue 88,419 (1,846,783)
Total adjustments (3,185,960) 11,945,705
Net cash used in operating activities (3,165,383) (618,171)
Cash flows from investing activities    
Software development costs 0 (488,774)
Purchases of property and equipment (61,014) 0
Net cash used in investing activities (61,014) (488,774)
Cash flows from financing activities    
Proceeds under Federal Stimulus grant program 3,494,392 1,501,598
Proceeds from notes payable - related party 0 1,435,000
Proceeds from exercise of stock options 0 23,200
Net cash provided by financing activities 3,494,392 2,959,798
Increase in cash 267,995 1,852,853
Cash - beginning of period 2,748,066 145,151
Cash - end of period 3,016,061 1,998,004
Supplemental cash flow information    
Interest - related party 790,512 0
Income taxes $ 0 $ 39,626