v3.26.1
Leases
6 Months Ended
Apr. 30, 2026
Leases [Abstract]  
LEASES

Note 8 — LEASES

 

The Group has several operating leases for offices. The Group’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

 

Total lease expense for the six months ended April 30, 2026 and 2025 amounted to $40,708 and $36,215 respectively.

 

Supplemental balance sheet information related to operating leases was as follows:

 

  

April 30,

2026

   October 31,
2025
 
         
Right-of-use assets, net  $67,115   $104,129 
           
Operating lease liabilities - current  $67,115   $77,596 
Operating lease liabilities - non-current   
-
    26,533 
Total operating lease liabilities  $67,115   $104,129 

 

The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of April 30, 2026:

 

Remaining lease term and discount rate:    
Weighted average remaining lease term (years)   0.83 years 
Weighted average discount rate   3.9%

Maturities of lease liabilities as follow:

 

Twelve months ending October 31,  Amount 
2027  $68,300 
Total future minimum lease payments   68,300 
Less: imputed interest   1,185 
Present value of lease liabilities  $67,115