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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2023
Apr. 30, 2022
Net sales $ 22,298,000 $ 21,505,000 $ 40,642,000 $ 38,423,000
Cost of sales 16,178,000 15,425,000 29,435,000 28,259,000
Gross profit 6,120,000 6,080,000 11,207,000 10,164,000
Operating expenses:        
Engineering 882,000 857,000 1,845,000 1,310,000
Selling and general 4,749,000 4,477,000 10,042,000 8,470,000
Total operating expenses 5,631,000 5,334,000 11,887,000 9,780,000
Operating loss 489,000 746,000 (680,000) 384,000
Other (expense) income (72,000) (107,000) (225,000) (102,000)
Loss before provision for income taxes 417,000 639,000 (905,000) 282,000
Benefit from income taxes (164,000) 136,000 (324,000) 56,000
Consolidated net loss $ 581,000 $ 503,000 $ (581,000) $ 226,000
Loss per share:        
Basic (in dollars per share) $ 0.06 $ 0.05 $ (0.06) $ 0.02
Diluted (in dollars per share) $ 0.06 $ 0.05 $ (0.06) $ 0.02
Weighted average shares outstanding:        
Basic (in shares) 10,290,911 10,107,687 10,256,158 10,087,309
Diluted (in shares) 10,327,271 10,243,636 10,256,158 10,229,704