XML 38 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Summary of Accounting Policies (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2017
Accounting Policies [Abstract] |
Schedule of Components of Inventory | Inventory is stated at the lower of cost (weighted average method) or market. Inventory consisted of the following components:
|  | October 31, |  |  | October 31, |
|  | 2017 |  |  | 2016 |
Raw materials and parts |  | $ | 2,651,511 |  |  | $ | 1,734,798 |
Work in progress |  |  | 501,692 |  |  |  | 88,682 |
Demo goods |  |  | 349,480 |  |  |  | 324,752 |
Finished goods |  |  | 149,566 |  |  |  | 450,693 |
Total Inventory |  | $ | 3,652,249 |  |  | $ | 2,598,925 |
Schedule of Earnings Per Share Basic and Diluted | Following is a reconciliation of earnings from continuing operations and weighted average common shares outstanding for purposes of calculating basic and diluted earnings per share:
|  | Year |  |  | Year |
|  | Ended |  |  | Ended |
|  | Oct 31, |  |  | Oct 31, |
Fiscal Period |  | 2017 |  |  | 2016 |
Numerator: |  |  |  |  |  |
Net Income |  | $ | 3,339,663 |  |  | $ | 4,930,548 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  |  | 9,111,356 |  |  |  | 8,282,988 |
Conversion of Series C Preferred Stock |  |  | 200,000 |  |  |  | 157,143 |
Diluted outstanding shares |  |  | 9,311,356 |  |  |  | 8,440,131 |
Earnings from continuing operations |  |  |  |  |  |  |  |
Basic |  | $ | 0.37 |  |  | $ | 0.60 |
Diluted |  | $ | 0.36 |  |  | $ | 0.58 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration