XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
Net sales $ 16,221,671 $ 16,941,378 $ 47,188,534 $ 54,844,589
Cost of goods sold 12,301,447 11,825,348 35,516,152 36,424,644
Gross profit 3,920,224 5,116,030 11,672,382 18,419,945
Selling, general and administrative expenses 5,237,646 4,957,518 15,650,331 16,075,323
Royalty expense, net 6,616 6,571 19,879 19,729
Amortization of intangible assets 13,515 13,516 40,547 40,426
Income (loss) from operations (1,337,553) 138,425 (4,038,375) 2,284,467
Other income (expense), net:        
Interest expense, net (301,483) (298,215) (880,711) (854,903)
Gain on insurance proceeds, net 90,310 255,880 309,212 1,952,170
Other, net (1,644) 3,793 47,190 58,617
Other income (expense), net (212,817) (38,542) (524,309) 1,155,884
Income (loss) before income taxes (1,550,370) 99,883 (4,562,684) 3,440,351
Income tax expense (benefit) 6,683 (920) 20,989 106,477
Net income (loss) $ (1,557,053) $ 100,803 $ (4,583,673) $ 3,333,874
Net income (loss) per share: Basic and diluted (in dollars per share) $ (0.2) $ 0.01 $ (0.59) $ 0.42