CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 30, 2018	Oct. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 8,489	$ 6,039
Trade accounts receivable, net of allowance for doubtful accounts of $120 and $73, respectively	11,745	3,901
Inventories	7,075	6,109
Other current assets	565	744
TOTAL CURRENT ASSETS	27,874	16,793
Property and equipment:
Equipment and tooling	3,381	3,302
Furniture and office equipment	837	871
Property, Plant and Equipment, Gross	4,218	4,173
Less accumulated depreciation	3,607	3,462
Total property and equipment	611	711
Goodwill	3,219	3,219
Amortizable intangible assets, net	2,753	3,030
Non-amortizable intangible assets	1,237	1,237
Other assets	49	70
TOTAL ASSETS	35,743	25,060
CURRENT LIABILITIES
Accounts payable	5,936	1,356
Accrued expenses	3,985	2,242
Income tax payable	507	0
TOTAL CURRENT LIABILITIES	10,428	3,598
Deferred tax liabilities	129	119
TOTAL LIABILITIES	10,557	3,717
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,144,873 and 8,872,246 shares issued and outstanding at April 30, 2018 and October 31, 2017, respectively	92	89
Additional paid-in capital	20,196	19,654
Retained earnings	4,898	1,600
TOTAL STOCKHOLDERS' EQUITY	25,186	21,343
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 35,743	$ 25,060

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.