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SEGMENT INFORMATION
 8 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SEGMENT INFORMATION

NOTE 19 – SEGMENT INFORMATION

 

Under ASC 280, Segment Reporting, operating segments are defined as components of an enterprise where discrete financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), in deciding how to allocate resources and in assessing performance. The Company operates and manages its business as one reportable and operating segment. The measure of segment assets is reported on the balance sheet as total assets.

 

The Company’s Chief Executive Officer, who is also the CODM reviews financial information presented and decides how to allocate resources based on net income (loss). Net income (loss) is used for evaluating financial performance.

 

Significant segment expenses include research and development, salaries, insurance, and stock-based compensation. Operating expenses include all remaining costs necessary to operate our business, which primarily include external professional services and other administrative expenses. The following table presents the significant segment expenses and other segment items regularly reviewed by our CODM for the eight months ended June 30, 2026 and the years ended October 31, 2025 and 2024.

 

 Schedule of significant segment expenses                        
    Eight Months Ended
June 30,		     Years ended
October 31,		  
    2026     2025     2024  
Revenue   $ 5,868,000     $ 5,199,000     $ 4,620,000  
Cost of revenues     (1,128,000 )     (931,000 )     (844,000 )
Salaries & consulting fees     (2,087,000 )     (2,956,000 )     (3,034,000 )
Professional fees     (857,000 )     (575,000 )     (497,000 )
Stock-based compensation     (5,157,000 )     (4,693,000 )     (3,853,000 )
Lab expenses     (393,000 )     (387,000 )     (208,000 )
Research & development     (65,000 )     (100,000 )     (164,000 )
Commissions     (678,000 )     (521,000 )     (734,000 )
Marketing     (560,000 )     (139,000 )     (249,000 )
Office expenses & other     (368,000 )     (283,000 )     (356,000 )
Other income (expenses), net     387,000       (135,000 )     614,000  
Net loss   $ (5,038,000 )   $ (5,521,000 )   $ (4,705,000 )