XML 63 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
Apr. 30, 2020
Oct. 31, 2019
Current assets:    
Cash $ 467,698 $ 145,151
Accounts receivable, net 916,749 1,141,282
Prepaid expenses and other current assets 260,118 249,118
Total current assets 1,644,565 1,535,551
PASSUR Network, net 0 3,948,542
Capitalized software development costs, net 1,466,298 8,319,134
Property and equipment, net 407,957 552,150
Operating lease right-of-use assets 794,798 0
Other assets 83,611 91,883
Total assets 4,397,229 14,447,260
Current liabilities:    
Accounts payable 1,883,109 1,531,112
Accrued expenses and other current liabilities 738,368 789,370
Operating lease liabilities, current portion 550,531 0
Deferred revenue, current portion 1,532,547 2,863,273
Total current liabilities 4,704,555 5,183,755
Deferred revenue, long term portion 288,959 377,760
Note payable - related party 10,213,973 8,350,058
Operating lease liabilities, non-current 775,932 0
Other Liabilities 0 79,958
Total liabilities 15,983,419 13,991,531
Stockholders' equity:    
Preferred shares - authorized 5,000,000 shares, par value $0.01 per share; none issued or outstanding 0 0
Common shares - authorized 20,000,000 shares, respectively, par value $0.01 per share; issued 8,496,526 at April 30,2020 and 8,480,526 at October 31, 2019, respectively 84,964 84,804
Additional paid-in capital 18,230,427 17,958,165
Accumulated deficit (27,967,903) (15,653,562)
Stockholders' Equity before Treasury Stock (9,652,512) 2,389,407
Treasury stock, at cost (1,933,678) (1,933,678)
Total stockholders' equity (11,586,190) 455,729
Total liabilities and stockholders' equity $ 4,397,229 $ 14,447,260