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Note 8 - Leases
 12 Months Ended
Oct. 31, 2018
Notes to Financial Statements  
Leases of Lessee Disclosure [Text Block]
(
8
)
Leases
 
The Company has an operating lease agreement for approximately
34,000
square feet of office, manufacturing and warehouse space in Plano, Texas (near Dallas). The lease term runs through
November 30, 2019.
The minimum rent payments, including rent holidays, are recognized on a straight-line basis over the term of the lease.
 
The Company entered into an operating lease agreement in
April 2015
for approximately
36,000
square feet of warehouse space in Roanoke, Virginia. The lease term is for
twelve
months and terminated on
April 30, 2016,
but the Company exercised the
first
three
(
3
) of its
four
(
4
)
one
year options to renew the lease and anticipates it will exercise the remaining
one
year option. The rent payments are recognized on a straight-line basis over the extended term of the lease.
 
The Company’s future minimum lease payments under noncancelable operating leases (with initial or remaining lease terms in excess of
one
year) as of
October 31, 2018
consist of the following:
 
Fiscal year
  
Operating Lease
  
2019
    
327,106
  
2020
    
72,041
  
Total
   $
399,147
  
 
Total rent expense associated with the operating leases for the fiscal years ended
October 31, 2018,
2017
and
2016
was
$422,102,
$403,178
and
$391,116,
respectively.