| SCHEDULE OF REVISION ON THE COMPANY’S CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS |
The
following tables summarize the effect of the revision on the Company’s condensed consolidated statements of operations:
SCHEDULE
OF REVISION ON THE COMPANY’S CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three
Months Ended April 30, 2025
| (Unaudited) | |
As Previously Reported | | |
Revision | | |
As Revised | |
| Net sales | |
$ | 23,320,061 | | |
$ | — | | |
$ | 23,320,061 | |
| Cost of sales | |
| 18,901,189 | | |
| 688,700 | | |
| 19,589,889 | |
| Gross profit | |
| 4,418,872 | | |
| (688,700 | ) | |
| 3,730,172 | |
| Selling and administrative expenses | |
| 3,286,983 | | |
| (688,700 | ) | |
| 2,598,283 | |
| Operating income | |
| 888,615 | | |
$ | — | | |
| 888,615 | |
Six
Months Ended April 30, 2025
| (Unaudited) | |
As Previously Reported | | |
Revision | | |
As Revised | |
| Net sales | |
$ | 44,625,346 | | |
$ | — | | |
$ | 44,625,346 | |
| Cost of sales | |
| 34,474,548 | | |
| 1,534,557 | | |
| 36,009,105 | |
| Gross profit | |
| 10,150,798 | | |
| (1,534,557 | ) | |
| 8,616,241 | |
| Selling and administrative expenses | |
| 7,216,581 | | |
| (1,534,557 | ) | |
| 5,682,024 | |
| Operating income | |
| 2,479,646 | | |
$ | — | | |
| 2,479,646 | |
Three
Months Ended January 31, 2026
| (Unaudited) | |
As Previously Reported | | |
Revision | | |
As Revised | |
| Net sales | |
$ | 25,565,840 | | |
$ | — | | |
$ | 25,565,840 | |
| Cost of sales | |
| 18,536,823 | | |
| 904,080 | | |
| 19,440,903 | |
| Gross profit | |
| 7,029,017 | | |
| (904,080 | ) | |
| 6,124,937 | |
| Selling and administrative expenses | |
| 4,443,286 | | |
| (904,080 | ) | |
| 3,539,206 | |
| Operating income | |
| 2,376,742 | | |
$ | — | | |
| 2,376,742 | |
|