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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2020
Jan. 31, 2020
Apr. 30, 2019
Apr. 30, 2020
Apr. 30, 2019
Oct. 31, 2019
OPERATING ACTIVITIES:            
Net income $ 689,329   $ (108,662) $ 138,145 $ 391,106  
Adjustments to reconcile net income to net cash provided by operating activities:            
Depreciation and amortization       378,934 360,940  
Stock-based compensation 240,909 $ 248,031 25,000 488,940 25,000 $ 476,899
Unrealized loss on commodities       318,936 604,388  
Loss on equity method investments 1,680   184 2,991 78  
Deferred rent       (24,101)  
Amortization of right to use asset       215,335  
Deferred income taxes       (91,802) (114,038)  
Changes in operating assets and liabilities:            
Accounts receivable       171,461 1,173,057  
Inventories       474,443 (1,143,369)  
Prepaid expenses and other current assets       71,148 68,526  
Prepaid and refundable income taxes       163,258 152,691  
Accounts payable and accrued expenses       343,330 (1,937,413)  
Change in lease liability       (236,607)  
Deposits and other assets       (168,914)  
Income taxes payable       217 13,609  
Net cash provided by (used in) operating activities       2,438,729 (598,440)  
INVESTING ACTIVITIES:            
Purchases of machinery and equipment       (132,967) (286,721)  
Net cash used in investing activities       (132,967) (286,721)  
FINANCING ACTIVITIES:            
Advances under bank line of credit       641,132 7,526  
Principal payment on note payable       (1,994) (70,255)  
Principal payments under bank line of credit       (2,700,000) (500,000)  
Net cash used in financing activities       (2,060,862) (562,729)  
NET INCREASE (DECREASE) IN CASH       244,900 (1,447,890)  
CASH, BEGINNING OF PERIOD   $ 2,402,556   2,402,556 4,611,384 4,611,384
CASH, END OF PERIOD $ 2,647,456   $ 3,163,494 2,647,456 3,163,494 $ 2,402,556
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:            
Interest paid       113,647 131,901  
Income taxes paid       17,678 28,868  
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:            
Initial recognition of operating lease right of use asset       2,512,022  
Initial recognition of operating lease liabilities       2,705,484  
Machinery and equipment acquired through financing       $ 26,807