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Subsequent Events
3 Months Ended
Jan. 31, 2025
Subsequent Events  
Subsequent Events

12. Subsequent Events

We have evaluated subsequent events through March 12, 2025, the date these interim financial statements were issued. 

 

On February 6, 2025, we entered into Amendment No. 4 to our existing lease agreement with Limoneira Company for its office space located at 1141 Cummings Road, Santa Paula, California.  The amendment extends the lease term for an additional 36 months, from February 15, 2025, to February 14, 2028.  Under the terms of the amendment, we will continue to pay rent in accordance with the original lease terms through February 14, 2025, after which annual rent adjustments will follow the same formula as in the original lease. 

 

We have determined that no other material subsequent events have occurred that would require disclosure or adjustment to the interim financial statements.