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Quarterly Information (Unaudited)
12 Months Ended
Oct. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)

Note 21. Quarterly Information (Unaudited)

Selected unaudited financial data for each quarter of fiscal year 2018 and 2017 is presented below. We believe that the information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented.

 

(in thousands)

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Full

Year

 

Year ended October 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

38,613

 

 

$

20,830

 

 

$

12,110

 

 

$

17,884

 

 

 

89,437

 

Gross profit (loss)

 

 

4,635

 

 

 

(629

)

 

 

(2,056

)

 

 

1,143

 

 

 

3,093

 

Loss on operations

 

 

(5,553

)

 

 

(12,735

)

 

 

(14,474

)

 

 

(11,870

)

 

 

(44,632

)

Net loss

 

 

(4,183

)

 

 

(13,174

)

 

 

(15,881

)

 

 

(14,096

)

 

 

(47,334

)

Series B Preferred stock dividends

 

 

(800

)

 

 

(800

)

 

 

(800

)

 

 

(800

)

 

 

(3,200

)

Series C Preferred stock deemed dividends

 

 

(3,463

)

 

 

(4,199

)

 

 

(939

)

 

 

(958

)

 

 

(9,559

)

Series D Preferred stock redemption accretion

 

 

 

 

 

 

 

 

 

 

 

(2,075

)

 

 

(2,075

)

Net loss to common stockholders

 

 

(8,446

)

 

 

(18,173

)

 

 

(17,620

)

 

 

(17,929

)

 

 

(62,168

)

Net loss to common stockholders per basic

   and diluted common share (1)

 

$

(0.12

)

 

$

(0.23

)

 

$

(0.20

)

 

$

(0.19

)

 

 

(0.75

)

Year ended October 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

17,002

 

 

$

20,417

 

 

$

10,358

 

 

$

47,889

 

 

 

95,666

 

Gross (loss) profit

 

 

1,813

 

 

 

383

 

 

 

(2,626

)

 

 

3,164

 

 

 

2,734

 

Loss on operations

 

 

(10,928

)

 

 

(11,496

)

 

 

(14,330

)

 

 

(8,181

)

 

 

(44,935

)

Net loss

 

 

(13,685

)

 

 

(13,238

)

 

 

(17,001

)

 

 

(9,979

)

 

 

(53,903

)

Preferred stock dividends

 

 

(800

)

 

 

(800

)

 

 

(800

)

 

 

(800

)

 

 

(3,200

)

Net loss to common stockholders

 

 

(14,485

)

 

 

(14,038

)

 

 

(17,801

)

 

 

(10,779

)

 

 

(57,103

)

Net loss to common stockholders per basic

   and diluted common share (1)

 

$

(0.39

)

 

$

(0.33

)

 

$

(0.31

)

 

$

(0.17

)

 

 

(1.14

)

 

(1)

The full year net loss to common stockholders basic and diluted share may not equal the sum of the quarters due to weighting of outstanding shares.