XML 38 R24.htm IDEA: XBRL DOCUMENT v3.20.4
Note 2 - Business Acquisition (Tables)
12 Months Ended
Oct. 31, 2020
Notes Tables  
Business Acquisition, Pro Forma Information [Table Text Block]
   
Fiscal Year Ended
 
   
October 31, 2019
 
         
Revenue
  $
67,096
 
Net income
   
4,815
 
         
Earnings per share
       
Basic
  $
0.51
 
Diluted
  $
0.49
 
         
         
         
Weighted average shares outstanding
 
Basic
   
9,358,836
 
Diluted
   
9,854,604
 
Schrofftech [Member]  
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
Cash consideration paid
  $
4,000,000
 
Earn-out liability
   
1,249,000
 
Total purchase price
  $
5,249,000
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Current assets
  $
1,168,000
 
Fixed assets
   
58,000
 
Intangible assets
   
3,299,000
 
Goodwill
   
1,127,000
 
Non-interest bearing liabilities
   
(403,000
)
Net assets
  $
5,249,000
 
C Enterprises [Member]  
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
Cash consideration paid
  $
600,000
 
Total purchase price
  $
600,000
 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Current assets
  $
2,008,000
 
Fixed assets
   
30,000
 
Other assets
   
18,000
 
Non-interest bearing liabilities
   
(1,456,000
)
Net assets
  $
600,000