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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2020
Oct. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 15,628 $ 12,540
Trade accounts receivable, net of allowance for doubtful accounts of $54 and $23, respectively 5,048 12,190
Inventories 9,247 8,245
Other current assets 1,245 685
TOTAL CURRENT ASSETS 31,168 33,660
Property and equipment:    
Equipment and tooling 3,705 3,602
Furniture and office equipment 1,070 998
Property, Plant and Equipment, Gross, Ending Balance 4,775 4,600
Less accumulated depreciation 4,002 3,761
Total property and equipment, net 773 839
Operating lease right of use assets, net 1,659
Goodwill 2,697 1,340
Amortizable intangible assets, net 3,354 1,092
Non-amortizable intangible assets 1,174 657
Other assets 69 112
TOTAL ASSETS 40,894 37,700
CURRENT LIABILITIES    
Accounts payable 1,221 2,406
Accrued expenses 2,601 3,653
Current portion of PPP Loan 1,234
Income taxes payable 21
Other current liabilities 952
TOTAL CURRENT LIABILITIES 6,008 6,080
Deferred tax liabilities 174
Operating lease liabilities 801
PPP Loan 1,554
Other long-term liabilities 558 87
TOTAL LIABILITIES 9,095 6,167
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 9,771,517 and 9,462,267 shares issued and outstanding at July 31, 2020 and October 31, 2019, respectively 98 95
Additional paid-in capital 22,840 21,949
Retained earnings 8,861 9,489
TOTAL STOCKHOLDERS' EQUITY 31,799 31,533
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 40,894 $ 37,700