COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS (Tables)
|
6 Months Ended |
Apr. 30, 2025 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
SCHEDULE OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS |
SCHEDULE OF INTEREST RATES AND AMOUNT HELD IN CERTIFIED DEPOSIT AND INTEREST BEARING ACCOUNTS
| |
2025 | | |
2024 | |
| |
Deposit | | |
Interest income | | |
Deposit | | |
Interest income | |
| |
April 30, 2025 | | |
April 30, 2025 | | |
April 30, 2024 | | |
April 30, 2024 | |
| |
| | |
| | |
| | |
| |
USA | |
$ | 15,395,657 | | |
$ | 289,768 | | |
$ | 17,614,335 | | |
$ | 414,062 | |
UK | |
| 2,227,269 | | |
| 36,864 | | |
| 1,798,616 | | |
| 60,160 | |
Denmark | |
| - | | |
| 13,133 | | |
| - | | |
| 11,786 | |
| |
| | | |
| | | |
| | | |
| | |
| |
$ | 17,622,926 | | |
$ | 339,765 | | |
$ | 19,412,951 | | |
$ | 486,008 | |
|
SCHEDULE OF COMPONENTS OF INVENTORY |
Inventory
consisted of the following as of:
SCHEDULE OF COMPONENTS OF INVENTORY
| |
April 30, | | |
October 31, | |
| |
2025 | | |
2024 | |
| |
| | |
| |
Raw materials and other sub-components | |
$ | 10,169,740 | | |
$ | 10,368,350 | |
Work in progress | |
| 593,994 | | |
| 193,062 | |
Finished goods | |
| 2,764,010 | | |
| 3,340,464 | |
Stock in transit | |
| - | | |
| 73,653 | |
Total Inventory | |
$ | 13,527,744 | | |
$ | 13,975,529 | |
|
SCHEDULE OF OTHER CURRENT ASSETS |
Other
current assets consisted of the following as of:
SCHEDULE OF OTHER CURRENT ASSETS
| |
April 30, | | |
October 31, | |
| |
2025 | | |
2024 | |
| |
| | |
| |
Deposits | |
$ | 12,879 | | |
$ | 63,630 | |
Other Tax Receivables | |
| 28,972 | | |
| 240,909 | |
Employee Retention Credit Receivables | |
| 212,300 | | |
| 212,300 | |
Other Receivables | |
| 139,122 | | |
| 321,996 | |
Total Other Current Assets | |
$ | 393,273 | | |
$ | 838,835 | |
|
SCHEDULE OF FIXED ASSETS |
Fixed
Assets consisted of the following as of:
SCHEDULE
OF FIXED ASSETS
| |
April 30, | | |
October 31, | |
| |
2025 | | |
2024 | |
| |
| | |
| |
Buildings | |
$ | 6,038,580 | | |
$ | 5,881,237 | |
Land | |
| 200,000 | | |
| 200,000 | |
Office machinery and equipment | |
| 2,046,903 | | |
| 1,872,693 | |
Rental assets | |
| 2,932,125 | | |
| 2,784,921 | |
Furniture, fixtures and improvements | |
| 1,597,752 | | |
| 1,549,965 | |
Totals | |
| 12,815,360 | | |
| 12,288,816 | |
Less: accumulated depreciation | |
| (6,013,774 | ) | |
| (5,465,826 | ) |
| |
| | | |
| | |
Total Property and Equipment, net | |
| 6,801,586 | | |
| 6,822,990 | |
| |
| | | |
| | |
Right of use assets, net | |
| 403,228 | | |
| 413,171 | |
| |
| | | |
| | |
Total Fixed Assets, net | |
$ | 7,204,814 | | |
$ | 7,236,161 | |
|
SCHEDULE OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS |
Property
and equipment, net, by geographic areas were as follows:
SCHEDULE OF PROPERTY AND EQUIPMENT, NET, BY GEOGRAPHIC AREAS
| |
April 30, | | |
October 31, | |
| |
2025 | | |
2024 | |
| |
| | |
| |
USA | |
$ | 1,706,503 | | |
$ | 1,743,840 | |
Europe | |
| 5,095,083 | | |
| 5,079,150 | |
| |
| | | |
| | |
Total Property and Equipment, net | |
$ | 6,801,586 | | |
$ | 6,822,990 | |
|
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
Accrued
Expenses and Other Current Liabilities consisted of the following as of:
SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
| |
April 30, | | |
October 31, | |
| |
2025 | | |
2024 | |
| |
| | |
| |
Accruals | |
$ | 349,329 | | |
$ | 560,986 | |
Other Tax Payables | |
| 992,351 | | |
| 924,735 | |
Employee Related | |
| 108,893 | | |
| 118,875 | |
Total Accrued Expenses and Other Current Liabilities | |
$ | 1,450,573 | | |
$ | 1,604,596 | |
|
SCHEDULE OF OTHER INCOME |
Total
Other Income, consisted of the following:
SCHEDULE OF OTHER INCOME
| |
Three Months | | |
Three Months | | |
Six Months | | |
Six Months | |
| |
Ended | | |
Ended | | |
Ended | | |
Ended | |
| |
April 30, | | |
April 30, | | |
April 30, | | |
April 30, | |
| |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| |
| | |
| | |
| | |
| |
Grant Income | |
$ | 27,365 | | |
$ | 11,980 | | |
$ | 100,186 | | |
$ | 26,694 | |
Other | |
| 4,967 | | |
| (14,616 | ) | |
| 10,813 | | |
| 5,690 | |
Total Other Income | |
$ | 32,332 | | |
$ | (2,636 | ) | |
$ | 110,999 | | |
$ | 32,384 | |
| |
| | | |
| | | |
| | | |
| | |
Interest Received | |
| 145,594 | | |
| 293,468 | | |
| 339,765 | | |
| 486,008 | |
| |
| | | |
| | | |
| | | |
| | |
Total Other Income, net | |
$ | 177,926 | | |
$ | 290,832 | | |
$ | 450,764 | | |
$ | 518,392 | |
|