v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Operating Activities    
Net Loss $ (2,660,193) $ (4,313,448)
Adjustment to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Gain on Forgiveness of Debt (300,000) (343,938)
Unrealized Gain on Derivative/Warrant Liability (728,050) (5,097)
Depreciation Expense 16,043 61,968
Amortization Expense 15,238 15,238
Amortization of Operating Lease – ROU Asset 66,155 60,961
Accretion of Debt Discount 891,430 367,356
Stock Based Compensation 532,251 730,968
Pre-funded Warrants issued for Services 528,000
Loss on Extinguishment of Debt 312,550 1,235,000
Changes in Assets and Liabilities    
Accounts Receivable 18,282 76,168
Accounts Receivable – Related Party 2,250 (2,250)
Inventory (4,086) (51,188)
Prepaid Expenses (17,581)
Accounts Payable 373,171 418,233
Accounts Payable – Related Party 22,610
Operating Lease Obligation (66,155) (60,961)
Accrued Liabilities (73,558) 31,834
Accrued Interest 73,098 73,098
Accrued Interest – Related Parties (4,855) 54,326
Net Cash Used in Operating Activities (1,536,429) (1,118,703)
Investing Activities    
Acquisition of Property and Equipment (33,805)
Patent Costs (7,189) (2,781)
Net Cash Used in Investing Activities (40,994) (2,781)
Financing Activities    
Issuance of Series A-1 Convertible Preferred Stock 1,100,000
Issuance of 2025 Series Senior Secured Convertible Notes Payable – Stock Settled 5,350,000
Payment of 2024 Senior Secured Convertible Notes Payable (4,370,000)
Payment of 2021 Series Convertible Note Payable – Related Party (225,000)
Capital Lease Principal Payments (4,183) (6,801)
Net Cash Provided by Financing Activities 1,095,817 748,199
Total Cash Used During the Period (481,606) (373,285)
Beginning Cash Balance 604,183 571,360
Ending Cash Balance 122,577 198,075
Cash Paid for Interest 97 4,872
Cash Paid for Income Taxes
Supplemental Schedule of Non-Cash Financing Activities:    
Cashless Exercise of Stock Options 57
Conversion of 2024 Senior Secured Convertible Notes Payable 468,750
Extinguishment of Derivative/Warrant Liabilities 47,269
Derivative/Warrant Liability on 2025 Series Senior Secured Notes Payable 4,760,115
Discount on Derivative/Warrant Liability on 2025 Series Senior Secured Notes Payable $ 4,760,115