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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2020
Oct. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 14,390 $ 12,540
Trade accounts receivable, net of allowance for doubtful accounts of $39 and $23, respectively 5,745 12,190
Inventories 8,390 8,245
Other current assets 721 685
TOTAL CURRENT ASSETS 29,246 33,660
Property and equipment    
Equipment and tooling 3,650 3,602
Furniture and office equipment 1,060 998
Property, Plant and Equipment, Gross 4,710 4,600
Less accumulated depreciation 3,843 3,761
Total property and equipment, net 867 839
Operating lease right of use assets, net 2,024 0
Goodwill 2,753 1,340
Amortizable intangible assets, net 3,700 1,092
Non-amortizable intangible assets 1,174 657
Other assets 68 112
TOTAL ASSETS 39,832 37,700
CURRENT LIABILITIES    
Accounts payable 1,220 2,406
Accrued expenses 3,311 3,653
Income taxes payable 0 21
Other current liabilities 933 0
TOTAL CURRENT LIABILITIES 5,464 6,080
Deferred tax liabilities 18 0
Operating lease liabilities 1,191 0
Other long-term liabilities 1,215 87
TOTAL LIABILITIES 7,888 6,167
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,745,135 and 9,462,267 shares issued and outstanding at January 31, 2020 and October 31, 2019, respectively 98 95
Additional paid-in capital 22,524 21,949
Retained earnings 9,322 9,489
TOTAL STOCKHOLDERS' EQUITY 31,944 31,533
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 39,832 $ 37,700