v3.26.1
EQUITY INVESTMENT
6 Months Ended
Apr. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
EQUITY INVESTMENT

NOTE 14 - EQUITY INVESTMENT

 

In December 2025, the Company invested $850,000 in The Ryl Company LLC pursuant to a subscription agreement in exchange for a non-controlling minority interest. The investment is passive in nature, and the Company does not participate in the management or operations of The Ryl Company LLC. Accordingly, the Company does not have the ability to exercise significant influence over the investee and accounts for the investment under ASC 321, Investments—Equity Securities. The carrying amount of this investment as presented on the consolidated balance sheet at April 30, 2026 was $850,000.