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Note 5 - Product Warranties
 3 Months Ended
Jan. 31, 2025
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]

(5)

Product Warranties

 

As of January 31, 2025 and October 31, 2024, the Company’s accrual for estimated product warranty claims totaled $65,000 and is included in accounts payable and accrued expenses. Warranty claims expense for the three months ended January 31, 2025 and 2024 totaled $9,627 and $12,764, respectively.

 

The following table summarizes the changes in the Company’s accrual for product warranties during the three months ended January 31, 2025 and 2024:

 

   

Three Months Ended

 
   

January 31,

  
   

2025

    

2024

  

Balance at beginning of period

   $ 65,000     $ 80,000  

Liabilities accrued for warranties issued during the period

     59,413       49,848  

Warranty claims and costs paid during the period

     (9,627 )     (17,764 )

Changes in liability for pre-existing warranties during the period

     (49,786 )     (37,084 )

Balance at end of period

   $ 65,000     $ 75,000