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OPERATING LEASES | 3 Months Ended
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Jan. 31, 2025
Operating Leases |
OPERATING LEASES | NOTE 6 – OPERATING LEASES We are contractually bound by a non-cancellable operating lease relating to PAL which we acquired recently. Lease costs recognized in our consolidated statements of operations are summarized as follows: SCHEDULE OF OPERATING LEASE COSTS
|  | January 31, |  |  | October 31, |
|  | 2025 |  |  | 2024 |
Lease liability |  | $ | 392,445 |  |  | $ | 413,171 |
Future minimum lease payments |  |  | 534,222 |  |  |  | 568,076 |
Remaining life of the lease in years (Expires 31 March 2033) |  |  | 8.17 |  |  |  | 8.42 |
Discount Rate |  |  | 6.75 | % |  |  | 6.75 | %
Maturities of lease liabilities as of January 31, 2025 were as follows: Future Minimum Operating Lease Maturity Analysis SCHEDULE OF MATURITIES OF LEASE LIABILITIES
Years |  | Total |
2025 (remaining 9 months) |  | $ | 43,435 |
2026 |  |  | 59,358 |
2027 |  |  | 61,138 |
2028 |  |  | 62,972 |
2029 |  |  | 64,862 |
Thereafter |  |  | 242,457 |
Imputed Interest |  |  | (141,777 | )
Total |  | $ | 392,445 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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