XML 22 R11.htm IDEA: XBRL DOCUMENT v3.19.2

Note 5 - Product Warranties

6 Months Ended

Apr. 30, 2019

Notes to Financial Statements

Product Warranty Disclosure [Text Block]

(5) Product Warranties

As of April 30, 2019 and October 31, 2018, the Company’s accrual for estimated product warranty claims totaled $160,000 and $180,000, respectively, and is included in accounts payable and accrued expenses. Warranty claims expense for the three months and six months ended April 30, 2019 totaled $48,716 and $156,554, respectively. Warranty claims expense for the three months and six months ended April 30, 2018 totaled $92,185 and $134,181, respectively.

The following table summarizes the changes in the Company’s accrual for product warranties during the six months ended April 30, 2019 and 2018:

		Six Months Ended
		April 30,
		2019				2018
Balance at beginning of period		$	180,000			$	180,000
Liabilities accrued for warranties issued during the period			153,981				179,494
Warranty claims and costs paid during the period			(176,554	)			(119,181	)
Changes in liability for pre-existing warranties during the period			2,573				(45,313	)
Balance at end of period		$	160,000			$	195,000

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-URI http://asc.fasb.org/topic&trid=2155896

+ Details

Name:	us-gaap_ProductWarrantyDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration