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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Net sales $ 17,200,578 $ 15,741,114 $ 31,640,873 $ 27,617,687
Cost of goods sold 12,167,132 10,921,898 22,561,575 20,489,081
Gross profit 5,033,446 4,819,216 9,079,298 7,128,606
Selling, general and administrative expenses 5,036,331 4,589,592 9,816,530 8,897,516
Royalty (income) expense, net 6,586 (42,800) 13,544 (49,767)
Amortization of intangible assets 11,540 11,011 23,635 21,905
Income (loss) from operations (21,011) 261,413 (774,411) (1,741,048)
Other expense, net:        
Interest expense, net (182,531) (180,980) (340,791) (354,963)
Other, net (29,643) 3,311,342 (41,028) 3,313,970
Other income (expense), net (212,174) 3,130,362 (381,819) 2,959,007
Income (loss) before income taxes (233,185) 3,391,775 (1,156,230) 1,217,959
Income tax expense (benefit) (5,194) 6,616 7,554 (25,720)
Net income (loss) $ (227,991) $ 3,385,159 $ (1,163,784) $ 1,243,679
Net income (loss) per share: Basic and diluted (in dollars per share) $ (0.03) $ 0.45 $ (0.16) $ 0.17