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Intangible Assets and Goodwill (Tables) | 12 Months Ended
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Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Carrying Value of Identifiable Intangible Assets | The identifiable intangible assets acquired and their carrying value as of October 31, 2018 and 2017, are as follows:
|  | October 31, 2018 |  |  | October 31, 2017 |
Customer relationships (weighted average life of 10 years) |  | $ | 896,624 |  |  | $ | 896,624 |
Non-compete agreements (weighted average life of 3 years) |  |  | 198,911 |  |  |  | 198,911 |
Patents and other (weighted average life of 10 years) |  |  | 366,036 |  |  |  | 294,175 |
Total identifiable intangible assets - gross carrying value |  |  | 1,461,571 |  |  |  | 1,389,710 |
Less: accumulated amortization |  |  | (1,229,727 | ) |  |  | (1,182,537 | )
Total intangible assets, net |  | $ | 231,844 |  |  | $ | 207,173 |
Schedule of Estimated Future Amortization Expenses | Future estimated annual amortization expenses as of October 31, 2018 as follows:
Years Ending October 31, |  | Amount |
2019 |  |  | 46,318 |
2020 |  |  | 39,121 |
2021 |  |  | 34,620 |
2022 |  |  | 34,297 |
2023 |  |  | 30,831 |
Thereafter |  |  | 46,657 |
Totals |  | $ | 231,844 |
Schedule of Goodwill | The carrying amount of goodwill as of October 31, 2018 and 2017, respectively, are recorded below:
|  | October 31, 2018 |  |  | October 31, 2017 |
Breakout of Goodwill: |  |  |  |  |  |  |  |
Coda Octopus Colmek, Inc. |  | $ | 2,038,669 |  |  | $ | 2,038,669 |
Coda Octopus Products, Ltd |  |  | 62,315 |  |  |  | 62,315 |
Coda Octopus Martech, Ltd |  |  | 1,281,124 |  |  |  | 1,281,124 |
Total Goodwill |  | $ | 3,382,108 |  |  | $ | 3,382,108 |

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