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Note 12 - Income Taxes (Tables) | 12 Months Ended
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Oct. 31, 2021
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
Fiscal year ended October 31, 2021 |  | Current |  |  | Deferred |  |  | Total |
U.S. Federal |  | $ | — |  |  | $ | — |  |  | $ | — |
State |  |  | (19,898 | ) |  |  | — |  |  |  | (19,898 | )
Totals |  | $ | (19,898 | ) |  | $ | — |  |  | $ | (19,898 | )
Fiscal year ended October 31, 2020 |  | Current |  |  | Deferred |  |  | Total |
U.S. Federal |  | $ | — |  |  | $ | — |  |  | $ | — |
State |  |  | 18,041 |  |  |  | — |  |  |  | 18,041 |
Totals |  | $ | 18,041 |  |  | $ | — |  |  | $ | 18,041 |
Fiscal year ended October 31, 2019 |  | Current |  |  | Deferred |  |  | Total |
U.S. Federal |  | $ | 726 |  |  | $ | (726 | ) |  | $ | — |
State |  |  | (5,805 | ) |  |  | — |  |  |  | (5,805 | )
Totals |  | $ | (5,079 | ) |  | $ | (726 | ) |  | $ | (5,805 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Years ended October 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
“Expected” income taxes (benefit) |  | $ | 1,384,030 |  |  | $ | (1,281,668 | ) |  | $ | (1,191,776 | )
Increase (reduction) in income tax expense (benefit) |  |  |  |  |  |  |  |  |  |  |  |
resulting from: |  |  |  |  |  |  |  |  |  |  |  |
State income taxes, net of federal benefit |  |  | 136,875 |  |  |  | (139,736 | ) |  |  | (12,875 | )
Meals and Entertainment |  |  | 1,523 |  |  |  | 7,317 |  |  |  | 17,999 |
Provision to return reconciliation adjustment |  |  | (13,721 | ) |  |  | 350 |  |  |  | 6,400 |
Excess tax benefits related to share-based compensation |  |  | (9,118 | ) |  |  | 14,473 |  |  |  | (90,603 | )
Non-deductible officers' compensation |  |  | — |  |  |  | — |  |  |  | 31,456 |
PPP Loan forgiveness |  |  | (1,046,094 | ) |  |  | — |  |  |  | — |
Other differences, net |  |  | 5,646 |  |  |  | 6,088 |  |  |  | 3,434 |
Change in valulation allowance |  |  | (479,039 | ) |  |  | 1,411,217 |  |  |  | 1,230,160 |
Reported income tax expense (benefit) |  | $ | (19,898 | ) |  | $ | 18,041 |  |  | $ | (5,805 | )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | October 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |  |  |
Accounts receivable, due to allowances for doubtful accounts and sales returns |  | $ | 30,238 |  |  | $ | 139,809 |
Inventories, due to allowance for damaged and slow-moving inventories and additional costs inventoried for tax purposes pursuant to the Tax Reform Act of 1986 |  |  | 873,433 |  |  |  | 764,183 |
Liabilities recorded for accrued expenses, deductible for tax purposes when paid |  |  | 187,108 |  |  |  | 294,857 |
Share-based compensation expense |  |  | 59,622 |  |  |  | 16,814 |
Section 163(j) interest |  |  | 18,527 |  |  |  | 254,520 |
Expenses incurred related to expected PPP Loan forgiveness |  |  | — |  |  |  | 1,162,161 |
Net operating loss carryforwards |  |  | 3,114,714 |  |  |  | 2,163,956 |
AMT credit carryforwards |  |  | — |  |  |  | 25,003 |
Other |  |  | 33,383 |  |  |  | 53,136 |
Total gross deferred tax assets |  |  | 4,317,025 |  |  |  | 4,874,439 |
Valuation allowance |  |  | (4,280,823 | ) |  |  | (4,759,862 | )
Net deferred tax assets |  |  | 36,202 |  |  |  | 114,577 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Plant and equipment, due to differences in depreciation and capital gain recognition |  |  | (36,202 | ) |  |  | (86,997 | )
Other receivables, due to accrual for financial reporting purposes |  |  | — |  |  |  | (2,577 | )
Total gross deferred tax liabilities |  |  | (36,202 | ) |  |  | (89,574 | )
Net deferred tax asset |  | $ | — |  |  | $ | 25,003 |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | October 31, |
|  | 2021 |  |  | 2020 |
Unrecognized tax benefits balance at beginning of year |  | $ | 48,941 |  |  | $ | 48,941 |
Gross decreases for tax positions of prior years |  |  | (20,453 | ) |  |  | — |
Gross increases for current year tax positions |  |  | — |  |  |  | — |
Unrecognized tax benefits balance at end of year |  | $ | 28,488 |  |  | $ | 48,941 |

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