Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2020	Oct. 31, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 15,797	$ 12,540
Trade accounts receivable, net of allowance for doubtful accounts of $66 and $23, respectively	5,669	12,190
Inventories	8,586	8,245
Other current assets	813	685
TOTAL CURRENT ASSETS	30,865	33,660
Property and equipment:
Equipment and tooling	3,819	3,602
Furniture and office equipment	1,073	998
Property, Plant and Equipment, Gross, Ending Balance	4,892	4,600
Less accumulated depreciation	4,082	3,761
Total property and equipment	810	839
Operating lease right of use assets, net	1,421
Goodwill	2,467	1,340
Amortizable intangible assets, net	3,181	1,092
Non-amortizable intangible assets	1,174	657
Deferred tax assets	834	44
Other assets	70	68
TOTAL ASSETS	40,822	37,700
CURRENT LIABILITIES
Accounts payable	1,475	2,406
Accrued expenses	2,573	3,653
Current portion of PPP Loan	1,699
Income taxes payable	43	21
Other current liabilities	874
TOTAL CURRENT LIABILITIES	6,664	6,080
Operating lease liabilities	635
PPP Loan	1,089
Other long-term liabilities	370	87
TOTAL LIABILITIES	8,758	6,167
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Common stock - authorized 21,250,000 and 20,000,000 shares of $0.01 par value; 9,814,118 and 9,462,267 shares issued and outstanding at October 31, 2020 and October 31, 2019, respectively	98	95
Additional paid-in capital	22,946	21,949
Retained earnings	9,020	9,489
TOTAL STOCKHOLDERS' EQUITY	32,064	31,533
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 40,822	$ 37,700