v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,074,093) $ (479,165)
Adjustments to reconcile net loss to net cash used in operating activities:    
Allowance for credit losses and bad debts 791,245 789,852
Depreciation and amortization 46,465 36,951
Amortization of finance lease assets 0 7,306
Non-cash operating lease expenses 99,636 27,149
Deferred income tax effect (148,914) (113,869)
Estimated warranty effect 108,073 (27,040)
Changes in operating assets and liabilities:    
Accounts receivable (8,999,285) (651,784)
Prepayment (2,018,193) 7,540
Prepaid expenses 936,428 0
Other receivables (105,843) 6,463
Contract assets (4,119,007) 2,683
Due from related party 161 264
Inventories 11 2
Other current assets 0 (1,188,411)
Tax payables 354,877 143,621
Other payables 1,986,935 632,182
Accounts payable 4,173,124 (703,567)
Advance from customers 1,025,049 0
Contract liabilities 1,233,224 0
Operating lease liabilities (93,034) (6,511)
Advance from related parties 0 (55,035)
Payroll payable 72,943 11,390
CASH USED IN OPERATING ACTIVITIES (5,730,198) (1,559,979)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (16,445) (585)
Loan made to third party (243,000) (1,984,087)
Repayment from related parties 0 38,901
CASH USED IN INVESTING ACTIVITIES (259,445) (1,945,771)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Offering costs paid (962,563) (1,017,291)
Principal payment for obligation under finance leases 0 (11,695)
Gross proceeds from offering 8,000,000 5,000,000
CASH PROVIDED BY FINANCING ACTIVITIES 7,037,437 3,971,014
EFFECT OF EXCHANGE RATE ON CASH 32,707 (33,880)
NET CHANGE IN CASH 1,080,501 431,384
CASH AT BEGINNING OF PERIOD 572,807 407,031
CASH AT END OF PERIOD 1,653,308 838,415
SUPPLEMENTAL CASH FLOW INFORMATION    
Income taxes 0 0
Interest 0 0
NON-CASH TRANSACTIONS    
Operating lease assets obtained in exchange for lease obligations 687,751 0
Cashless exercise of warrants $ 1,579 $ 0