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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities    
Net Income/(Loss) $ (3,293,843) $ 20,577
Adjustments to reconcile net (loss)/income to net cash used in operating activities    
Depreciation and amortization 442,681 539,066
Recovery of doubtful accounts (86,325) (43,905)
Federal Stimulus credits utilized (789,108) (3,377,105)
Stock-based compensation 252,314 178,148
Operating lease assets and liabilities, net 5,024 (92,536)
Changes in operating assets and liabilities    
Accounts receivable (16,259) 200,278
Prepaid expenses and other current assets (52,131) (61,955)
Other assets 0 550
Accounts payable (6,137) (712,419)
Accrued expenses and other current liabilities 796,862 95,499
Deferred revenue (406,095) 88,419
Total adjustments 140,826 (3,185,960)
Net cash used in operating activities (3,153,017) (3,165,383)
Cash flows used in investing activities    
Property and equipment 0 (61,014)
Net cash used in investing activities 0 (61,014)
Cash flows from financing activities    
Proceeds under Federal Stimulus grant program 0 3,494,392
Proceeds from notes payable - related party 1,800,000 0
Net cash provided by financing activities 1,800,000 3,494,392
(Decrease)/Increase in cash (1,353,017) 267,995
Cash - beginning of period 1,569,587 2,748,066
Cash - end of period 216,570 3,016,061
Supplemental cash flow information    
Interest - related party 0 790,512
Income taxes $ 0 $ 0