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Note 18 - Quarterly Results of Operations (Unaudited)
 12 Months Ended
Oct. 31, 2020
Notes to Financial Statements  
Quarterly Financial Information [Text Block]

(18)

Quarterly Results of Operations (Unaudited)

 

The following is a summary of the unaudited quarterly results of operations for the years ended October 31, 2020 and 2019:

 

  

Quarter ended

 

Fiscal year ended October 31, 2020

 

January 31

  

April 30

  

July 31

  

October 31

 

Net sales

 $12,887,396  $14,863,428  $13,639,169  $13,887,407 

Gross profit

  2,404,140   3,996,750   3,472,161   4,213,327 

Selling, general & administrative expenses

  4,824,124   5,549,501   4,559,970   4,311,907 

Loss before income taxes

  (2,586,855)  (1,684,130)  (1,428,838)  (403,360)

Net loss

  (2,591,888)  (1,689,181)  (1,433,830)  (406,325)

Basic and diluted net loss per share

 $(0.35) $(0.23) $(0.20) $(0.06)

 

 

  

Quarter ended

 

Fiscal year ended October 31, 2019

 

January 31

  

April 30

  

July 31

  

October 31

 

Net sales

 $16,750,668  $18,957,175  $17,367,068  $18,249,535 

Gross profit

  3,562,559   5,309,134   4,491,454   4,941,600 

Selling, general & administrative expenses

  6,773,645   5,776,814   5,418,438   5,465,463 

Loss before income taxes

  (3,337,441)  (612,185)  (1,072,435)  (653,065)

Net loss

  (3,310,020)  (617,425)  (1,085,294)  (656,582)

Basic and diluted net loss per share

 $(0.44) $(0.08) $(0.15) $(0.09)