v3.25.2
Leases (Tables)
9 Months Ended
Jul. 31, 2025
Leases  
Schedule of Operating Leases

The following summarizes the Company’s operating leases as of July 31, 2025 and October 31, 2024:

 

  July 31, 2025   October 31, 2024 
Assets        
Right-of-use operating lease assets  $2,696,475   $1,166,537 
Total lease assets  $2,696,475   $1,166,537 

 

  July 31, 2025   October 31, 2024 
Liabilities        
Current lease liability  $802,756   $307,364 
Non-current lease liability   1,934,511   $865,668 
Total lease liability  $2,737,267   $1,173,032 

 

The weighted-average remaining lease term and the weighted-average discount rate of the Company’s leases were as follows:

 

Weighted average remaining lease term (in years)   3.44 
Weighted average discount rate   6.78%
 
Schedule of Maturity Lease Liability

Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows:

  

For the Years Ending October 31,:    
Remainder of fiscal 2025  $239,239 
2026   955,052 
2027   920,091 
2028   864,490 
2029   66,619 
Total lease payments   3,045,491 
Less: imputed interest   (308,224)
Present value of operating lease liabilities  $2,737,267