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Note 4 - Property and Equipment, Net

12 Months Ended

Oct. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

(4 ) Property and Equipment, Net

Property and equipment, net as of

October 

31,

2018

and

2017

consists of the following:

		October 31,
		2018				2017
Land and land improvements		$	3,148,834			$	3,148,834
Building and improvements			8,244,384				8,165,637
Machinery and equipment			27,312,627				25,817,318
Furniture and fixtures			902,633				894,237
Construction in progress			225,759				1,727,591
Total property and equipment, at cost			39,834,237				39,753,617
Less accumulated amortization and depreciation			(28,629,598	)			(27,542,925	)
Property and equipment, net		$	11,204,639			$	12,210,692

X

- References

No definition available.

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X

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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