v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Jul. 31, 2025
Jul. 31, 2024
OPERATING ACTIVITIES:    
Net income $ 591,898 $ 955,979
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 492,379 458,429
Unrealized gain on commodities (1,862,877) (934,974)
Amortization of right-of-use asset 583,643 203,268
Gain on extinguishment of lease liability (210,567)
Deferred income taxes (315,709) 323,954
Changes in operating assets and liabilities:    
Accounts receivable (185,622) 533,485
Inventories (5,711,012) 4,480,524
Prepaid expenses and other current assets (664,433) 200,309
Prepaid and refundable income taxes 285,439 54,570
Lease liabilities (549,346) (179,225)
Deposits and other assets (408,978) (12,006)
Deferred compensation payable 8,586
Accounts payable, accrued expenses 2,339,316 (664,511)
Net cash (used in) provided by operating activities (5,396,716) 5,209,235
Cash flows from investing activities:    
Acquisition of Empire Coffee Company (800,000)
Cash paid for leasehold improvements (375,286)
Purchases of machinery and equipment (79,249) (270,680)
Proceeds from sale of investment 3,150,000
Net cash (used in) provided by investing activities (1,254,535) 2,879,320
Cash flows from financing activities:    
Proceeds from bank line of credit 7,750,000
Principal payments under bank line of credit (1,500,000) (7,720,000)
Principal payments on note payable (4,374)
Net cash provided by (used in) financing activities 6,250,000 (7,724,374)
Net change in cash and cash equivalents (401,251) 364,181
Cash and cash equivalents, beginning of period 1,381,023 2,733,977
Cash and cash equivalents, end of period 979,772 3,098,158
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:    
Interest paid 96,761 281,841
Income taxes paid
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Initial recognition of operating lease $ 2,113,581 $ 547,975