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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
OPERATING ACTIVITIES:    
Consolidated net loss $ (5,656) $ (581)
Bad debt expense (8) 80
Depreciation and amortization 1,266 1,165
Stock-based compensation expense 503 441
Amortization of debt issuance cost 25 4
Tax payments related to shares cancelled for vested restricted stock awards 0 (10)
Deferred income taxes 2,675 (706)
Extinguishment of debt issuance cost 14 0
Changes in operating assets and liabilities:    
Trade accounts receivable (267) 240
Inventories 2,351 668
Other current assets 241 4,026
Right of use assets 291 346
Accounts payable (45) 454
Accrued expenses (353) (3,441)
Income taxes payable 0 (462)
Net cash provided by operating activities 1,037 2,224
INVESTING ACTIVITIES:    
Capital expenditures (312) (1,303)
Net cash used in investing activities (312) (1,303)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 0 85
Debt issuance cost (520) 0
Line of credit payments 9,460 0
Term Loan payments (13,162) (1,212)
Net cash (used in) provided by financing activities (4,222) (1,127)
Net decrease in cash and cash equivalents (3,497) (206)
Cash and cash equivalents, beginning of period 4,897 4,532
Cash and cash equivalents, end of period 1,400 4,326
Supplemental cash flow information – income taxes paid $ 55 $ 0