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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2026
Oct. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 5,108 $ 5,079
Trade accounts receivable, net of allowance for credit losses of $156 and $141, respectively 13,110 14,871
Inventories 13,776 13,735
Other current assets 1,021 1,284
TOTAL CURRENT ASSETS 33,015 34,969
Property and equipment:    
Equipment and tooling 5,238 5,020
Furniture and office equipment 6,328 6,328
Property, Plant and Equipment, Gross 11,566 11,348
Less accumulated depreciation 7,326 7,119
Total property and equipment, net 4,240 4,229
Operating lease right-of-use assets, net 13,432 13,848
Goodwill 8,085 8,085
Amortizable intangible assets, net 9,853 10,264
Non-amortizable intangible assets 1,174 1,174
Other assets 536 477
TOTAL ASSETS 70,335 73,046
CURRENT LIABILITIES    
Accounts payable 2,985 3,108
Accrued expenses 5,905 7,638
Line of credit 7,121 7,836
Current portion of operating lease liabilities 2,063 2,054
Income taxes payable 291 260
TOTAL CURRENT LIABILITIES 18,365 20,896
Operating lease liabilities 16,171 16,699
Deferred tax liabilities 250 247
TOTAL LIABILITIES 34,786 37,842
Commitments and Contingencies  
STOCKHOLDERS’ EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 10,814,267 and 10,713,801 shares issued and outstanding at January 31, 2026 and October 31, 2025, respectively 108 107
Additional paid-in capital 28,444 28,050
Retained earnings 6,997 7,047
TOTAL STOCKHOLDERS' EQUITY 35,549 35,204
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 70,335 $ 73,046