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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2018
Oct. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 11,591 $ 6,039
Trade accounts receivable, net of allowance for doubtful accounts of $88 and $73, respectively 5,888 3,901
Inventories 6,854 6,109
Other current assets 854 744
TOTAL CURRENT ASSETS 25,187 16,793
Property and equipment:    
Equipment and tooling 3,451 3,302
Furniture and office equipment 824 871
Property, Plant and Equipment, Gross 4,275 4,173
Less accumulated depreciation 3,669 3,462
Total property and equipment 606 711
Goodwill 3,219 3,219
Amortizable intangible assets, net 2,615 3,030
Non-amortizable intangible assets 1,237 1,237
Other assets 49 70
TOTAL ASSETS 32,913 25,060
CURRENT LIABILITIES    
Accounts payable 1,842 1,356
Accrued expenses 3,490 2,242
TOTAL CURRENT LIABILITIES 5,332 3,598
Deferred tax liabilities 186 119
TOTAL LIABILITIES 5,518 3,717
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,267,597 and 8,872,246 shares issued and outstanding at July 31, 2018 and October 31, 2017, respectively 93 89
Additional paid-in capital 20,857 19,654
Retained earnings 6,445 1,600
TOTAL STOCKHOLDERS' EQUITY 27,395 21,343
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 32,913 $ 25,060