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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Apr. 30, 2021
Apr. 30, 2020
OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 4,442,000 $ (158,000)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Bad debt expense 0 12,000
Depreciation and amortization 414,000 508,000
Stock-based compensation expense 260,000 283,000
Tax payments related to shares cancelled for vested restricted stock awards (11,000) 0
Deferred income taxes 836,000 136,000
PPP Loan and interest forgiveness (2,807,000) 0
Changes in operating assets and liabilities:    
Trade accounts receivable (694,000) 7,499,000
Inventories (987,000) (72,000)
Other current assets (2,824,000) (420,000)
Right of use assets (14,000) 99,000
Other long-term assets 0 (2,000)
Accounts payable (238,000) (1,060,000)
Accrued expenses 684,000 (872,000)
Income taxes payable (43,000) (21,000)
Other current liabilities 0 0
Other long-term liabilities (370,000) (467,000)
Net cash (used in) provided by operating activities (1,352,000) 5,465,000
INVESTING ACTIVITIES:    
Capital expenditures (168,000) (63,000)
Net cash used in investing activities (168,000) (3,964,000)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 485,000 423,000
Dividends paid 0 (388,000)
Net cash provided by financing activities 485,000 35,000
Net (decrease) increase in cash and cash equivalents (1,035,000) 1,536,000
Cash and cash equivalents, beginning of period 15,797,000 12,540,000
Cash and cash equivalents, end of period 14,762,000 14,076,000
Supplemental cash flow information – income taxes paid 28,000 395,000
Schrofftech [Member]    
INVESTING ACTIVITIES:    
Purchase of company, net of cash acquired $ 0 $ (3,901,000)