v3.26.3
Note 8 - Segment Information (Tables)
9 Months Ended
Jul. 31, 2026
Notes Tables  
Segment Reporting [Table Text Block]

 

 

Three Months Ended July 31,

 

 

Nine Months Ended July 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Net sales

 

$

23,960

 

 

$

19,790

 

 

$

63,621

 

 

$

57,900

 

Cost of goods sold:

 

 

 

 

 

 

 

 

 

 

 

 

Material cost

 

 

10,327

 

 

 

8,595

 

 

 

27,190

 

 

 

26,485

 

Salaries and benefits

 

 

3,864

 

 

 

3,391

 

 

 

10,873

 

 

 

9,966

 

Depreciation

 

 

121

 

 

 

133

 

 

 

371

 

 

 

397

 

Other costs of sales

 

 

1,110

 

 

 

952

 

 

 

3,262

 

 

 

2,666

 

Total cost of goods sold

 

 

15,422

 

 

 

13,071

 

 

 

41,696

 

 

 

39,514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

 

8,538

 

 

 

6,719

 

 

 

21,925

 

 

 

18,386

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and benefits

 

 

2,089

 

 

 

2,208

 

 

 

6,542

 

 

 

6,654

 

Engineering expense

 

 

1,074

 

 

 

759

 

 

 

2,842

 

 

 

2,124

 

Stock-based compensation expense

 

 

283

 

 

 

219

 

 

 

824

 

 

 

640

 

Commission and bonus

 

 

1,280

 

 

 

991

 

 

 

2,320

 

 

 

1,994

 

Depreciation

 

 

81

 

 

 

73

 

 

 

238

 

 

 

218

 

Amortization

 

 

411

 

 

 

411

 

 

 

1,233

 

 

 

1,233

 

Corporate and public company fees

 

 

434

 

 

 

366

 

 

 

1,480

 

 

 

1,175

 

Selling and general

 

 

1,127

 

 

 

972

 

 

 

3,412

 

 

 

3,343

 

Non-cash and one-time charges

 

 

-

 

 

 

-

 

 

 

-

 

 

 

123

 

Total operating expenses

 

 

6,779

 

 

 

5,999

 

 

 

18,891

 

 

 

17,504

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

 

1,759

 

 

 

720

 

 

 

3,034

 

 

 

882

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other expense

 

 

(233

)

 

 

(240

)

 

 

(585

)

 

 

(721

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before provision for income taxes

 

 

1,526

 

 

 

480

 

 

 

2,449

 

 

 

161

 

Provision for income taxes

 

 

84

 

 

 

88

 

 

 

178

 

 

 

259

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income (loss)

 

$

1,442

 

 

$

392

 

 

$

2,271

 

 

$

(98

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

72,097

 

 

$

73,201

 

 

$

72,097

 

 

$

73,201

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenditures for Segment Assets

 

$

127

 

 

$

108

 

 

$

377

 

 

$

170

 

Segment Reporting, Reconciliation of Revenue by Segment to Consolidated [Table Text Block]

 

 

Three Months Ended July 31,

 

 

 

 

 

Nine Months Ended July 31,

 

 

 

 

 

 

2026

 

 

 

 

 

2025

 

 

 

 

 

2026

 

 

 

 

 

2025

 

 

 

 

Interconnect

 

$

7,835

 

 

 

33

%

 

$

6,212

 

 

 

32

%

 

$

21,640

 

 

 

34

%

 

$

17,602

 

 

 

30

%

Custom Cabling

 

 

10,135

 

 

 

42

%

 

 

7,157

 

 

 

36

%

 

 

24,979

 

 

 

39

%

 

 

18,382

 

 

 

32

%

Integrated Systems

 

 

5,990

 

 

 

25

%

 

 

6,421

 

 

 

32

%

 

 

17,002

 

 

 

27

%

 

 

21,916

 

 

 

38

%

Total net sales

 

$

23,960

 

 

 

100

%

 

$

19,790

 

 

 

100

%

 

$

63,621

 

 

 

100

%

 

$

57,900

 

 

 

100

%

Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Customer, Extent of Reliance [Table Text Block]

 

 

Three Months Ended July 31,

 

 

Nine Months Ended July 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

21,808

 

 

$

18,432

 

 

$

58,354

 

 

$

52,952

 

Foreign Countries:

 

 

 

 

 

 

 

 

 

 

 

 

Canada

 

 

1,755

 

 

 

1,052

 

 

 

3,560

 

 

 

3,678

 

All Other

 

 

397

 

 

 

306

 

 

 

1,707

 

 

 

1,270

 

 

 

 

2,152

 

 

 

1,358

 

 

 

5,267

 

 

 

4,948

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

$

23,960

 

 

$

19,790

 

 

$

63,621

 

 

$

57,900