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Note 12 - Income Taxes (Tables)

12 Months Ended

Oct. 31, 2022

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Fiscal year ended October 31, 2022		Current				Deferred				Total
U.S. Federal		$	—			$	—			$	—
State			24,693				—				24,693
Totals		$	24,693			$	—			$	24,693
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

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Years ended October 31,
		2022				2021				2020
“Expected” income taxes (benefit)		$	(67,704	)		$	1,384,030			$	(1,281,668	)
Increase (reduction) in income tax expense (benefit) resulting from:
State income taxes, net of federal benefit			10,217				136,875				(139,736	)
Provision to return reconciliation adjustment			11,516				(13,721	)			350
Excess tax benefits related to share-based compensation			(44,562	)			(9,118	)			14,473
PPP Loan forgiveness			—				(1,046,094	)			—
Non-deductible life insurance premiums			5,527				5,527				5,526
Other differences, net			4,338				1,642				7,879
Change in valulation allowance			105,361				(479,039	)			1,411,217
Reported income tax expense (benefit)		$	24,693			$	(19,898	)		$	18,041

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		October 31,
		2022				2021
Deferred tax assets:
Accounts receivable, due to allowances for doubtful accounts and sales returns		$	32,600			$	30,238
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			894,666				873,433
Liabilities recorded for accrued expenses, deductible for tax purposes when paid			90,306				187,108
Share-based compensation expense			72,925				59,622
Section 163(j) interest			101,682				18,527
Net operating loss carryforwards			3,156,960				3,114,714
Plant and equipment, due to differences in depreciation and capital gain recognition			13,822				—
Other			23,223				33,383
Total gross deferred tax assets			4,386,184				4,317,025
Valuation allowance			(4,386,184	)			(4,280,823	)
Net deferred tax assets			—				36,202
Deferred tax liabilities:
Plant and equipment, due to differences in depreciation and capital gain recognition			—				(36,202	)
Total gross deferred tax liabilities			—				(36,202	)
Net deferred tax asset		$	—			$	—

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		October 31,
		2022				2021
Unrecognized tax benefits balance at beginning of year		$	28,488			$	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			$	28,488

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