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Note 9 - Stock Options (Tables)

12 Months Ended

Oct. 31, 2023

Notes Tables

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		2023				2022
Weighted average volatility			54.27	%			53.36	%
Expected dividends			0.00	%			0.00	%
Expected term (in years)			7.0				7.0
Risk-free interest rate			3.78	%			1.47	%
Weighted average fair value of options granted during the year		$	3.15			$	3.77
Weighted average fair value of options vested during the year		$	2.80			$	2.32

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

		2023								2022
		Shares or				Weighted				Shares or				Weighted
		Price Per				Average				Price Per				Average
		Share				Exercise Price				Share				Exercise Price
Outstanding at beginning of year			691,005			$	5.87				618,858			$	5.33
Options granted			168,181			$	5.36				145,001			$	6.94
Options exercised			(45,000	)		$	1.90				(60,854	)		$	2.45
Options canceled or expired			(60,000	)		$	5.33				(12,000	)		$	7.58
Options outstanding at end of year			754,186			$	6.04				691,005			$	5.87

Options exercisable at end of year			479,588			$	6.10				366,714			$	6.13

Options vested and expected to vest at end of year			748,358			$	6.13				685,154			$	5.88

Option price range at end of year		$1.90 - $8.69								$1.90 - $8.69

Aggregate intrinsic value of options exercised during year		$	144,005							$	245,420

Disclosure of Cash Compensation Payments [Text Block]

		Chair				Member
Board		$	25,000
Audit Committee		$	8,000			$	5,000
Compensation Committee		$	6,000			$	5,000
Nominating and Corporate Governance Committee		$	4,000			$	4,000
Strategic Planning and Capital Allocation Committee		$	4,000			$	4,000