INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX PROVISION (BENEFIT)

Income tax provision (benefit) consists of the following:

	Year Ended October 31,
	2024			2023
Federal:
Current	$	-		$	-
Deferred		(2,284,000	)		(739,000	)
State:
Current		-			-
Deferred		(754,000	)		(583,000	)
Adjustment to valuation allowance related to net deferred tax assets		3,038,000			1,322,000
Total	$	-		$	-

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The tax effects of temporary differences that give rise to significant portions of the deferred tax asset, net, at October 31, 2024 and 2023, are as follows:

	October 31,
	2024			2023
Long-term deferred tax assets:
Federal and state NOL and tax credit carryforwards	$	29,198,000		$	26,532,000
Deferred compensation		8,394,000			7,752,000
Intangibles		161,000			218,000
Subtotal		37,753,000			34,502,000
Less: valuation allowance		(37,753,000	)		(34,502,000	)
Deferred tax asset, net	$	-		$	-

SCHEDULE OF RECONCILIATION OF INCOME TAXES

	Year Ended October 31,
	2024					2023
Income tax benefit at U.S. Federal statutory income tax rate	$	(2,667,000	)	(21.00	)%	$	(2,085,000	)	(21.00	)%
State income taxes		(887,000	)	(6.99	)%		(693,000	)	(6.98	)%
Permanent differences		21,000		0.17	%		20,000		0.20	%
Expiring net operating losses, credits and other		495,000		3.90	%		1,436,000		14.46	%
Change in valuation allowance		3,038,000		23.92	%		1,322,000		13.32	%
Income tax provision	$	-		0.00	%	$	-		0.00	%