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Note 7 - Long-term Debt and Notes Payable (Tables)
12 Months Ended
Oct. 31, 2020
Notes Tables  
Schedule of Debt [Table Text Block]
  

October 31,

 
  

2020

  

2019

 

Virginia Real Estate Loan ($6.5 million original principal) payable in monthly installments of $31,812, including interest (at 3.95%), with final payment of $3,644,211 due May 1, 2024

 $4,119,850  $4,580,173 

North Carolina Real Estate Loan ($2.24 million original principal) payable in monthly installments of $10,963, including interest (at 3.95%), with final payment of $1,255,850 due May 1, 2024

  1,045,716   1,328,450 

Total long-term debt

  5,165,566   5,908,623 

Less current installments

  312,109   738,955 

Long-term debt, excluding current installments

 $4,853,457  $5,169,668