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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2019
Oct. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 13,312 $ 16,334
Trade accounts receivable, net of allowance for doubtful accounts of $32 and $88, respectively 9,926 4,255
Inventories 8,086 7,113
Other current assets 757 828
TOTAL CURRENT ASSETS 32,081 28,530
Property and equipment:    
Equipment and tooling 3,503 3,210
Furniture and office equipment 988 822
Property, Plant and Equipment, Gross 4,491 4,032
Less accumulated depreciation 3,685 3,473
Total property and equipment 806 559
Goodwill 1,340 1,340
Amortizable intangible assets, net 1,161 1,367
Non-amortizable intangible assets 657 657
Other assets 68 49
TOTAL ASSETS 36,113 32,502
CURRENT LIABILITIES    
Accounts payable 2,430 1,342
Accrued expenses 2,956 3,377
TOTAL CURRENT LIABILITIES 5,386 4,719
Other long-term liabilities 91 0
TOTAL LIABILITIES 5,477 4,719
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,390,351 and 9,291,201 shares issued and outstanding at July 31, 2019 and October 31, 2018, respectively 94 93
Additional paid-in capital 21,647 20,974
Retained earnings 8,895 6,716
TOTAL STOCKHOLDERS' EQUITY 30,636 27,783
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 36,113 $ 32,502