Note 8 - Income Tax Provision (Tables)

12 Months Ended

Oct. 31, 2020

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2020			2019
Current:
Federal	$	279		$	859
State		143			220
		422			1,079
Deferred:
Federal		(593	)		(25	)
State		(196	)		(18	)
		(789	)		(43	)
	$	(367	)	$	1,036

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2020						2019
				% of Pretax						% of Pretax
	Amount			Income			Amount			Income
Income taxes at federal statutory rate	$	(94	)		21.0	%	$	957			21.0	%
State tax provision, net of federal tax benefit		(41	)		9.2	%		160			3.5	%
Nondeductible differences:
Stock options		(123	)		27.5	%		21			0.5	%
Meals and entertainment		2			-0.4	%		8			0.2	%
Parking disallowance		5			-1.1	%		-			0.0	%
R&D credits		(152	)		33.9	%		(119	)		-2.6	%
Foreign derived intangible income		(5	)		1.1	%		-			0.0	%
ASC 740-10 Liability		27			-6.0	%		21			0.5	%
Penalties		11			-2.5	%		-			0.0	%
Other		3			-0.7	%		(12	)		-0.3	%
	$	(367	)		82.0	%	$	1,036			22.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2020			2019
Deferred Tax Assets:
PPP Loan	$	706		$	-
Reserves		344			172
Accrued vacation		149			97
Stock-based compensation awards		100			87
Uniform capitalization		92			64
Lease liability		381			-
Other		35			55
Total deferred tax assets		1,807			475
Deferred Tax Liabilities:
Amortization / intangible assets		(479	)		(307	)
Change in ROU assets		(359	)		-
Depreciation / equipment and furnishings		(135	)		(124	)
Total deferred tax liabilities		(973	)		(431	)
Total net deferred tax assets (liabilities)	$	834		$	44

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	2020			2019
Balance, at beginning of year	$	80		$	59
Increase for tax positions related to the current year		32			23
Increase for tax positions related to prior years		-			3
Increase for interest and penalties		6			2
Statute of Limitations Expirations		(11	)		(7	)
Balance, at end of year	$	107		$	80