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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jul. 31, 2020
Jul. 31, 2019
OPERATING ACTIVITIES:    
Consolidated net (loss) income $ (240,000) $ 2,739,000
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Bad debt expense 17,000 2,000
Depreciation and amortization 760,000 418,000
Stock-based compensation expense 449,000 260,000
Deferred income taxes 219,000
Changes in operating assets and liabilities:    
Trade accounts receivable 7,395,000 (4,358,000)
Inventories (219,000) (498,000)
Other current assets (544,000) 146,000
Right of use assets 94,000
Other long-term assets (2,000)
Accounts payable (1,293,000) 129,000
Accrued expenses (1,576,000) (908,000)
Income tax payable (21,000)
Other long-term liabilities (778,000) 80,000
Net cash provided by (used in) operating activities 4,261,000 (1,990,000)
INVESTING ACTIVITIES:    
Capital expenditures (117,000) (429,000)
Net cash used in investing activities (4,018,000) (886,000)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 445,000 414,000
Dividends paid (388,000) (560,000)
Proceeds from PPP Loan 2,788,000
Net cash provided by (used in) financing activities 2,845,000 (146,000)
Net increase (decrease) in cash and cash equivalents 3,088,000 (3,022,000)
Cash and cash equivalents of continuing operations, beginning of period 12,540,000 16,334,000
Cash and cash equivalents, end of period 15,628,000 13,312,000
Supplemental cash flow information – income taxes paid 415,000 613,000
C Enterprises [Member]    
INVESTING ACTIVITIES:    
Purchase of company, net of cash acquired (457,000)
Schrofftech [Member]    
INVESTING ACTIVITIES:    
Purchase of company, net of cash acquired $ (3,901,000)