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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
OPERATING ACTIVITIES:    
Consolidated net (loss) income $ (403,000) $ 26,000
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Bad debt expense (15,000) 4,000
Depreciation and amortization 237,000 255,000
Stock-based compensation expense 123,000 187,000
Tax payments related to shares cancelled for vested restricted stock awards (11,000)
Deferred income taxes 766,000 62,000
Changes in operating assets and liabilities:    
Trade accounts receivable 529,000 6,711,000
Inventories (433,000) 638,000
Other current assets (1,326,000) (20,000)
Right of use assets (6,000) 101,000
Accounts payable 35,000 (1,295,000)
Accrued expenses 44,000 (921,000)
Income tax payable (43,000) (21,000)
Other current liabilities 296,000
Other long-term liabilities (370,000) (121,000)
Net cash (used in) provided by operating activities (577,000) 5,606,000
INVESTING ACTIVITIES:    
Capital expenditures (116,000) (53,000)
Net cash used in investing activities (116,000) (3,954,000)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 385,000 391,000
Dividends paid 0 (193,000)
Net cash provided by financing activities 385,000 198,000
Net (decrease) increase in cash and cash equivalents (308,000) 1,850,000
Cash and cash equivalents, beginning of period 15,797,000 12,540,000
Cash and cash equivalents, end of period 15,489,000 14,390,000
Supplemental cash flow information – income taxes paid 6,000
Schrofftech [Member]    
INVESTING ACTIVITIES:    
Purchase of company, net of cash acquired $ (3,901,000)