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8. Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
12 Months Ended
Oct. 31, 2021
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

2021

 

2020

 

Amount

Percent

 

Amount

Percent

U.S. statutory tax

 $ 21,000 

 21.0%

 

 $ (2,576,000)

 21.0%

Stock compensation

  31,000 

 31.2%

 

  84,000 

 -0.7%

Meals and entertainment

  1,000 

 1.0%

 

  3,000 

 0.0%

State tax, net of federal benefit

  127,000 

 127.8%

 

  (636,000)

 5.2%

Other adjustments - accruals

  15,000 

 15.1%

 

  (14,000)

 0.1%

Change in valuation allowance

  (192,000)

 -193.1%

 

  3,176,000 

 -25.9%

 

 

 

 

 

 

Total income tax provision

 $ 3,000 

 3.0%

 

 $ 37,000 

 -0.3%