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Basic and Diluted Net Loss per Share
 3 Months Ended
Jan. 31, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Share Basic and Diluted Net Loss per Share
Basic net loss per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of conversion of preferred stock. Diluted net loss per common share is calculated using the weighted-average number of common shares outstanding during the period plus the dilutive effect of unvested, restricted stock and conversion of preferred stock. The computations for basic and diluted net loss per common share are as follows (in thousands, except per share amounts):
 Three Months Ended
January 31,
 20222021
Basic net loss per common share:
Net loss applicable to common stock$(6,643)$(4,333)
Less: Earnings allocated to unvested, restricted stock(13)(18)
Numerator: Net loss for basic EPS(6,656)(4,351)
Denominator: Weighted average common shares-basic17,448 17,405 
Basic net loss per common share$(0.38)$(0.25)
Diluted net loss per common share:
Net loss for basic EPS$(6,656)$(4,351)
Effect of dilutive unvested, restricted stock and preferred stock— — 
Numerator: Net loss for diluted EPS(6,656)(4,351)
Weighted average common shares–basic17,448 17,405 
Effect of dilutive unvested, restricted stock and preferred stock— — 
Denominator: Weighted average common shares–diluted17,448 17,405 
Diluted net loss per common share$(0.38)$(0.25)

Diluted net loss per common share is computed using the more dilutive method of either the two-class method or the treasury stock method. Unvested stock-based compensation awards that contain non-forfeitable rights to dividends as participating shares are included in computing earnings per share. The Company’s unvested, restricted stock awards qualify as participating shares. Diluted net loss per common share was calculated under the two-class method for the three months ended January 31, 2022. The Company excluded 226,000, unvested, restricted shares, as calculated under the treasury stock method, from its computation of diluted net loss per common share for the three months ended January 31, 2021.