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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2016
Oct. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 5,021 $ 7,595
Trade accounts receivable, net of allowance for doubtful accounts of $54 and $30 4,015 3,980
Inventories 6,810 6,928
Other current assets 1,412 728
Deferred tax assets 426 426
TOTAL CURRENT ASSETS 17,684 19,657
Property and equipment:    
Equipment and tooling 3,307 3,215
Furniture and office equipment 789 936
Property, Plant and Equipment, Gross 4,096 4,151
Less accumulated depreciation 3,289 3,230
Total property and equipment 807 921
Goodwill 5,913 5,913
Amortizable intangible assets, net 3,924 4,268
Non-amortizable intangible assets 1,387 1,387
Note receivable from stockholder 0 67
Other assets 175 39
TOTAL ASSETS 29,890 32,252
CURRENT LIABILITIES    
Accounts payable 1,094 1,493
Accrued expenses 2,166 2,868
TOTAL CURRENT LIABILITIES 3,260 4,361
Deferred tax liabilities 1,143 1,143
Other long-term liabilities 377 377
TOTAL LIABILITIES $ 4,780 $ 5,881
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,835,483 and 8,713,664 shares issued and outstanding at April 30, 2016 and October 31, 2015, respectively $ 88 $ 87
Additional paid-in capital 19,121 19,129
Retained earnings 5,901 7,155
TOTAL STOCKHOLDERS' EQUITY 25,110 26,371
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 29,890 $ 32,252