OPTIONS (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Apr. 30, 2025 |
Apr. 30, 2024 |
Apr. 30, 2025 |
Apr. 30, 2024 |
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Stock-based compensation | $ 22,539 | $ 19,889 | $ 54,637 | $ 39,778 |
Unrecognized future balance option expense | $ 358,548 | |||
Number of options outstanding | 8,604,700 | 8,604,700 | ||
2012 Stock Option Plan [Member] | ||||
Options issued | 631,250 | |||
Number of options outstanding | 8,604,700 | 8,604,700 | ||
Options nonvested exercisable | 6,608,950 | 6,608,950 | ||
Granted options exercisable | 1,995,750 | 1,995,750 | ||
Fair value of the option | $ 53,128 | |||
Volatility rate | 128.00% | |||
Risk-free interest rate | 4.50% | |||
Expected dividend yield | 0.00% | |||
Stock price | $ 0.51 | $ 0.51 | ||
Option exercise price | $ 0.41 | $ 0.41 | ||
Expected term | 10 years | |||
Options expense description | The options are expensed over a five year period with 20% upon issuance and 20% for the first and each subsequent year | |||
Options expense term | 5 years |
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- Definition The number of warrants issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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