| SCHEDULE OF OPERATING RESULTS OF THE SEGMENT |
The
following table presents the operating results of the segment:
SCHEDULE OF OPERATING RESULTS OF THE SEGMENT
| | |
Three Months Ended April 30, 2026 | | |
Three Months Ended April 30, 2025 | |
| Revenues | |
$ | 446,295 | | |
$ | 511,584 | |
| Less Significant Segment Expenses: | |
| | | |
| | |
| Cost of Sales | |
| (103,798 | ) | |
| (134,827 | ) |
| Total Compensation and Benefits Cost | |
| (411,252 | ) | |
| (348,945 | ) |
| Research and Development | |
| (109,806 | ) | |
| (222,431 | ) |
| All Other Operating Expenses (Excluding Depreciation, Amortization and Stock Based
Compensation) (a) | |
| (738,216 | ) | |
| (531,806 | ) |
| Other Segment Items: | |
| | | |
| | |
| Depreciation, Amortization and Stock-Based Compensation | |
| (255,279 | ) | |
| (354,887 | ) |
| Interest Expense | |
| (508,965 | ) | |
| (395,960 | ) |
| Other Income (Expense), Net | |
| 127,796 | | |
| (514 | ) |
| | |
| | | |
| | |
| Consolidated Net Loss | |
$ | (1,553,225 | ) | |
$ | (1,478,786 | ) |
| |
(a) |
All
other operating expenses included in consolidated net loss include professional fees, lease expenses, insurance costs, travel and
entertainment expenses, and all other selling, general and administrative expenses. |
The
following table presents the operating results of the segment:
| | |
Six Months Ended April 30, 2026 | | |
Six Months Ended April 30, 2025 | |
| Revenues | |
$ | 975,712 | | |
$ | 961,458 | |
| Less Significant Segment Expenses: | |
| | | |
| | |
| Cost of Sales | |
| (221,261 | ) | |
| (227,919 | ) |
| Total Compensation and Benefits Cost | |
| (854,779 | ) | |
| (774,162 | ) |
| Research and Development | |
| (279,027 | ) | |
| (296,314 | ) |
| Impairment Expense | |
| (99,700 | ) | |
| - | |
| All Other Operating Expenses (Excluding Depreciation, Amortization and Stock Based
Compensation) (a) | |
| (1,321,411 | ) | |
| (1,782,720 | ) |
| Other Segment Items: | |
| | | |
| | |
| Depreciation, Amortization and Stock-Based Compensation | |
| (563,532 | ) | |
| (808,173 | ) |
| Interest Expense | |
| (1,011,695 | ) | |
| (499,653 | ) |
| Other Income (Expense), Net | |
| 715,500 | | |
| (885,965 | ) |
| | |
| | | |
| | |
| Consolidated Net Loss | |
$ | (2,660,193 | ) | |
$ | (4,313,448 | ) |
| |
(a) |
All
other operating expenses included in consolidated net loss include professional fees, lease expenses, insurance costs, travel and
entertainment expenses, and all other selling, general and administrative expenses. |
|