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Concentrations and Geographic Information | 9 Months Ended
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Jul. 31, 2022
Risks and Uncertainties [Abstract] |
Concentrations and Geographic Information | Concentrations and Geographic Information Concentrations of credit risk with respect to revenues and trade receivable are limited due to a large, diverse customer base. One customer represented 11% of revenue for the nine months ended July 31, 2022. Two customers represented 17% and 13% of revenue, respectively, for the nine months ended July 31, 2021. No individual customer represented more than 10% of accounts receivable, net as of July 31, 2022 or October 31, 2021. Lemons procured from third-party growers were 46% and 57% of the Company's lemon supply for the three months ended July 31, 2022 and 2021, respectively, and were 51% and 51% of the Company's lemon supply for the nine months ended July 31, 2022 and 2021, respectively. One third-party grower was 10% of the lemon supply for the nine months ended July 31, 2021. During the three months ended July 31, 2022 and 2021, the Company had approximately $491,000 and $578,000, respectively, of total sales in Chile by Fruticola Pan de Azucar S.A. ("PDA") and Agricola San Pablo SpA ("San Pablo"). During the nine months ended July 31, 2022 and 2021, the Company had approximately $3,202,000 and $2,555,000, respectively, of total sales in Chile by PDA and San Pablo. In March 2022, the Company signed an agreement to lease Finca Santa Clara, its 1,200-acre lemon ranch in Argentina, to FGF Trapani ("FGF"), its 49% partner in Trapani Fresh Consorcio de Cooperacion ("Trapani Fresh"). The lease is retroactive beginning November 1, 2021, with a term of 14 months at a fixed sum of $400,000, payable in five equal, monthly installments beginning August 2022 until December 2022. During the three and nine months ended July 31, 2022, the Company had approximately $86,000 and $257,000, respectively, of lease income by Trapani Fresh included in other operations revenue. During the three and nine months ended July 31, 2021, the Company had approximately $710,000 and $3,265,000, respectively, of total agribusiness sales in Argentina by Trapani Fresh. Aggregate foreign exchange transaction losses realized for our foreign subsidiaries was approximately $137,000 and $598,000 for the nine months ended July 31, 2022 and 2021, respectively, and were included in selling, general and administrative expenses in the consolidated statements of operations.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI https://asc.fasb.org/topic&trid=2134479 + Details
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