v3.26.1
Condensed Unaudited Statements of Cash Flows - USD ($)
9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash Flows from Operating Activities    
Net Income $ 24,762,162 $ 1,206,798
Adjustments to reconcile net income to net cash provided by (used in) operations    
Tax credit generation (11,700,000) 0
Depreciation and amortization 4,713,081 4,221,201
Distributions in excess of earnings from equity method investments 200,089 33,755
Non-cash patronage income (285,175) (335,527)
Changes in working capital components    
Accounts receivable (642,233) 511,519
Inventories (2,379,239) (4,034,530)
Derivative instruments (36,560) 377,388
Prepaids and other 364,823 502,185
Tax credits 12,600,000 0
Accounts payable (4,194,817) (9,882,457)
Accrued expenses 137,118 (107,546)
Net cash provided by (used in) operating activities 23,539,249 (7,507,214)
Cash Flows from Investing Activities    
Capital expenditures (5,455,272) (4,398,173)
Proceeds from investments 132,520 125,374
Net cash used in investing activities (5,322,752) (4,272,799)
Cash Flows from Financing Activities    
Member unit repurchases (30,000) (20,000)
Payment on finance lease liability (109,666) (103,812)
Member distributions (6,652,100) (8,079,250)
Net cash used in financing activities (6,791,766) (8,203,062)
Net Increase (Decrease) in Cash and Cash Equivalents 11,424,731 (19,983,075)
Cash and Cash equivalents – Beginning of Period 23,450,627 33,830,684
Cash and Cash equivalents – End of Period 34,875,358 13,847,609
Supplemental Cash Flow Information    
Cash paid for interest 24,434 30,288
Supplemental Disclosure of Noncash Financing and Investing Activities    
Capital expenditures included in accounts payable $ 50,741 $ 0