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Summary of Accounting Policies (Tables) | 12 Months Ended
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Oct. 31, 2018
Accounting Policies [Abstract] |
Schedule of Components of Inventory | Inventory is stated at the lower of cost (weighted average method) or net realizable value. Inventory consisted of the following components:
|  | October 31, 2018 |  |  | October 31, 2017 |
Raw materials and parts |  | $ | 2,887,505 |  |  | $ | 2,651,511 |
Work in progress |  |  | 472,204 |  |  |  | 501,692 |
Demo goods |  |  | - |  |  |  | 349,480 |
Finished goods |  |  | 463,534 |  |  |  | 149,566 |
Total Inventory |  | $ | 3,823,243 |  |  | $ | 3,652,249 |
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 Ended |  |  | Year Ended |
Fiscal Period |  | October 31, 2018 |  |  | October 31, 2017 |
Numerator: |  |  |  |  |  |  |  |
Net Income |  | $ | 4,988,531 |  |  | $ | 3,339,663 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  |  | 10,093,538 |  |  |  | 9,111,356 |
Conversion of Series C Preferred Stock |  |  | - |  |  |  | 200,000 |
Diluted outstanding shares |  |  | 10,093,538 |  |  |  | 9,311,356 |
Earnings from continuing operations |  |  |  |  |  |  |  |
Basic |  | $ | 0.49 |  |  | $ | 0.37 |
Diluted |  | $ | 0.49 |  |  | $ | 0.36 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 4: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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