Note 8 - Stock Options (Tables)

12 Months Ended

Oct. 31, 2024

Notes Tables

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	2024			2023
Weighted average volatility		53.16	%		54.27	%
Expected dividends		0.00	%		0.00	%
Expected term (in years)		7.0			7.0
Risk-free interest rate		4.00	%		3.78	%
Weighted average fair value of options granted during the year	$	1.76		$	3.15
Weighted average fair value of options vested during the year	$	2.88		$	2.80

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

	2024							2023
	Shares or					Weighted		Shares or					Weighted
	Price Per					Average		Price Per					Average
	Share					Exercise Price		Share					Exercise Price
Outstanding at beginning of year		754,186				$	6.04		691,005				$	5.87
Options granted		245,001				$	3.01		168,181				$	5.36
Options exercised		-				$	-		(45,000			)	$	1.90
Options canceled or expired		(124,371			)	$	6.42		(60,000			)	$	5.33
Options outstanding at end of year		874,816				$	5.10		754,186				$	6.04
Options exercisable at end of year		478,986				$	5.95		479,588				$	6.10
Options vested and expected to vest at end of year		874,816				$	5.10		748,358				$	6.13
Option price range at end of year		$1.90	-	$8.69					$1.90	-	$8.69
Aggregate intrinsic value of options exercised during year	$	-						$	144,005