2. Basis of Presentation and Significant Accounting Policies: Liquidity (Policies)	9 Months Ended
Jul. 31, 2020
Policies
Liquidity	Liquidity The Company’s current liabilities, excluding deferred revenue and certain CARES Act grant proceeds accounted for as accrued liabilities (as described in more detail in “Impact of the COVID-19 Pandemic” below), exceeded its current assets by $348,000 as of July 31, 2020. The outstanding amount under the note payable to a related party, G.S. Beckwith Gilbert, the Company’s significant shareholder and Non-Executive Chairman (the “Existing Gilbert Note”), was $10,453,000 as of July 31, 2020, with an annual interest rate of 9 ¾% and a maturity of November 1, 2021. At July 31, 2020, the notes payable balance included accrued interest on the Existing Gilbert Note of $868,000, representing interest incurred during the fourth quarter of 2019 through and including the third quarter of 2020. The Company’s stockholders’ deficit was $11,721,000 at July 31, 2020. The Company had a net loss of $12,564,000, including an impairment charge of $9,874,000, for the nine months ended July 31, 2020. If the Company’s business does not generate sufficient cash flows from operations to meet its operating cash requirements, the Company will attempt to obtain external financing on commercially reasonable terms. However, the Company has received a commitment from G.S. Beckwith Gilbert, dated September 14, 2020, that if the Company, at any time, is unable to meet its obligations through September 14, 2021, G.S. Beckwith Gilbert will provide the Company with the necessary continuing financial support to meet such obligations. Such commitment for financial support may be in the form of additional advances or loans to the Company, in addition to the deferral of principal and/or interest payments due on the existing loans, if deemed necessary. The note payable is secured by the Company’s assets.

2. Basis of Presentation and Significant Accounting Policies: Liquidity (Policies)

9 Months Ended

Jul. 31, 2020

Liquidity

The Company’s current liabilities, excluding deferred revenue and certain CARES Act grant proceeds accounted for as accrued liabilities (as described in more detail in “Impact of the COVID-19 Pandemic” below), exceeded its current assets by $348,000 as of July 31, 2020. The outstanding amount under the note payable to a related party, G.S. Beckwith Gilbert, the Company’s significant shareholder and Non-Executive Chairman (the “Existing Gilbert Note”), was $10,453,000 as of

July 31, 2020, with an annual interest rate of 9 ¾% and a maturity of November 1, 2021. At July 31, 2020, the notes payable balance included accrued interest on the Existing Gilbert Note of $868,000, representing interest incurred during the fourth quarter of 2019 through and including the third quarter of 2020. The Company’s stockholders’ deficit was $11,721,000 at July 31, 2020. The Company had a net loss of $12,564,000, including an impairment charge of $9,874,000, for the nine months ended July 31, 2020.

If the Company’s business does not generate sufficient cash flows from operations to meet its operating cash requirements, the Company will attempt to obtain external financing on commercially reasonable terms. However, the Company has received a commitment from G.S. Beckwith Gilbert, dated September 14, 2020, that if the Company, at any time, is unable to meet its obligations through September 14, 2021, G.S. Beckwith Gilbert will provide the Company with the necessary continuing financial support to meet such obligations. Such commitment for financial support may be in the form of additional advances or loans to the Company, in addition to the deferral of principal and/or interest payments due on the existing loans, if deemed necessary. The note payable is secured by the Company’s assets.