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Summary of Accounting Policies (Tables) | 12 Months Ended
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Oct. 31, 2020
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, 2020 |  |  | October 31, 2019 |
Inventory |  |  |  |  |  |  |  |
Raw materials and parts |  | $ | 7,322,688 |  |  | $ | 4,379,260 |
Work in progress |  |  | 698,756 |  |  |  | 517,354 |
Finished goods |  |  | 1,120,829 |  |  |  | 453,900 |
Total Inventory |  | $ | 9,142,273 |  |  | $ | 5,350,514 |
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 |
|  | October 31, |  |  | October 31, |
Fiscal Period |  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |
Net Income (Loss) |  | $ | 3,343,585 |  |  | $ | 5,225,199 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  |  | 10,733,799 |  |  |  | 10,680,007 |
Options issued |  |  | 561,000 |  |  |  | - |
Diluted outstanding shares |  |  | 11,294,799 |  |  |  | 10,680,007 |
Earnings (Loss) from continuing operations |  |  |  |  |  |
Basic |  | $ | 0.31 |  |  | $ | 0.49 |
Diluted |  | $ | 0.30 |  |  | $ | 0.49 |

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- 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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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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=120391452&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=120391452&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=120391452&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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