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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jan. 31, 2025
Oct. 31, 2024
Current assets:    
Cash $ 128,307 $ 244,247
Trade accounts receivable, net of allowance for credit losses of $54,885 at January 31, 2025 and $92,125 at October 31, 2024 8,206,089 10,946,215
Income taxes refundable - current 5,000 5,000
Other receivables 1,501 60,521
Inventories 19,098,443 18,725,317
Prepaid expenses and other assets 583,038 618,940
Total current assets 28,022,378 30,600,240
Property and equipment, net 6,815,622 6,881,357
Intangible assets, net 503,848 513,956
Other assets, net 2,475,287 2,362,458
Total assets 37,817,135 40,358,011
Current liabilities:    
Current installments of long-term debt 58,436 57,184
Accounts payable and accrued expenses 6,270,415 5,178,792
Accrued compensation and payroll taxes 1,622,296 1,567,232
Income taxes payable 23,510 18,522
Total current liabilities 13,629,099 15,143,512
Other noncurrent liabilities 1,890,333 1,801,792
Total liabilities 18,075,599 19,516,095
Shareholders' equity:    
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 8,198,577 shares at January 31, 2025 and 8,220,344 shares at October 31, 2024 15,471,467 15,464,416
Retained earnings 4,270,069 5,377,500
Total shareholders’ equity 19,741,536 20,841,916
Commitments and Contingencies  
Total liabilities and shareholders’ equity 37,817,135 40,358,011
Debt Instrument Excluding Revolving Credit Facility [Member]    
Current liabilities:    
Long-term debt, excluding current installments 2,556,167 2,570,791
Revolving Credit Facility [Member] | SLR Business Credit [Member]    
Current liabilities:    
Note payable, revolver - current $ 5,654,442 $ 8,321,782