Consolidated Balance Sheets - USD ($)	Oct. 31, 2024	Oct. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 839,000	$ 4,897,000
Trade accounts receivable, net of allowance for credit losses of $159 and $244, respectively	12,119,000	10,277,000
Inventories	14,725,000	18,730,000
Other current assets	1,430,000	2,136,000
TOTAL CURRENT ASSETS	29,113,000	36,040,000
Property and equipment:
Equipment and tooling	4,825,000	4,796,000
Furniture and office equipment	6,300,000	5,631,000
Property, Plant and Equipment, Gross	11,125,000	10,427,000
Less accumulated depreciation	6,312,000	5,503,000
Total property and equipment, net	4,813,000	4,924,000
Operating lease right-of-use assets, net	15,265,000	15,689,000
Goodwill	8,084,569	8,085,000
Amortizable intangible assets, net	11,908,000	13,595,000
Non-amortizable intangible assets	1,174,000	1,174,000
Deferred tax assets	0	2,494,000
Other assets	688,000	277,000
TOTAL ASSETS	71,046,000	82,278,000
CURRENT LIABILITIES
Accounts payable	3,798,000	3,201,000
Accrued expenses	4,247,000	4,572,000
Line of credit	8,197,000	1,000,000
Current portion of Term Loan	0	2,424,000
Current portion of operating lease liabilities	1,848,000	1,314,000
TOTAL CURRENT LIABILITIES	18,090,000	12,511,000
Operating lease liabilities	18,680,000	19,284,000
Term Loan, net of debt issuance cost	0	10,721,000
Deferred tax liabilities	210,000	0
TOTAL LIABILITIES	36,980,000	42,516,000
Commitments and Contingencies
STOCKHOLDERS’ EQUITY
Common stock - authorized 20,000,000 shares of $0.01 par value; 10,544,431 and 10,343,223 shares issued and outstanding at October 31, 2024 and 2023, respectively	106,000	104,000
Additional paid-in capital	26,988,000	26,087,000
Retained earnings	6,972,000	13,571,000
TOTAL STOCKHOLDERS' EQUITY	34,066,000	39,762,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 71,046,000	$ 82,278,000