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Note 11 - Intangible Assets
6 Months Ended
Apr. 30, 2020
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
Note
1
1
Intangible assets
 
Intangible assets consist of the following (in thousands): 
 
   
April 30, 2020
   
October 31, 2019
 
Amortizable intangible assets:
               
Non-compete agreement (estimated life 5 years)
  $
423
    $
200
 
Accumulated amortization
   
(222
)    
(200
)
     
201
     
-
 
                 
Customer relationships (estimated lives 7 - 15 years)
  $
5,058
    $
2,879
 
Accumulated amortization
   
(2,126
)    
(1,884
)
     
2,932
     
995
 
                 
Backlog (estimated life 1 - 2 years)
   
287
     
134
 
Accumulated amortization
   
(200
)    
(134
)
     
87
     
-
 
                 
Patents (estimated life 10 - 14 years)
   
368
     
142
 
Accumulated amortization
   
(61
)    
(45
)
     
307
     
97
 
                 
Totals
  $
3,527
    $
1,092
 
                 
Non-amortizable intangible assets:
               
Trademarks
  $
1,174
    $
657
 
 
Amortization expense for the
six
months ended
April 30, 2020
and the year ended
October 31, 2019
was
$346,000
and
$275,000,
respectively. As of
April 30, 2020,
the weighted-average amortization period for the amortizable intangible assets is
8.39
years.