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FAIR VALUE (Tables)
9 Months Ended
Jul. 31, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The table below segregates all financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date.
 
 
 
 
 
 
Quoted prices
 
 
 
 
 
 
 
 
 
 
 
 
in active
 
Significant
 
 
 
 
 
 
 
 
 
Markets
 
other
 
Significant
 
 
 
 
 
 
for identical
 
observable
 
unobservable
 
 
 
 
 
 
Assets
 
inputs
 
inputs
 
 
 
July 31, 2014
 
(level 1)
 
(level 2)
 
(level 3)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
 
$
10,095
 
$
10,095
 
$
 
$
 
Bank deposits
 
 
842
 
 
842
 
 
 
 
 
Total financial assets
 
$
10,937
 
$
10,937
 
$
 
$
 
Investment in GMS Entertainment
 
$
1,705
 
$
-
 
$
 
$
1,705
 
 
 
 
 
 
 
Quoted prices
 
 
 
 
 
 
 
 
 
 
 
 
in active
 
Significant
 
 
 
 
 
 
 
 
 
markets
 
other
 
Significant
 
 
 
 
 
 
for identical
 
observable
 
unobservable
 
 
 
October 31,
 
assets
 
Inputs
 
inputs
 
 
 
2013
 
(level 1)
 
(level 2)
 
(level 3)
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
 
$
7,283
 
$
7,283
 
$
 
$
 
Bank deposits
 
 
6,102
 
 
6,102
 
 
 
 
 
Total financial assets
 
$
13,385
 
$
13,385
 
$
 
$
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
A summary of the changes to the Company’s warrant liability, as measured at fair value on a recurring basis using significant unobservable inputs (Level 3), for the nine months ended July 31, 2013 is presented below:
 
 
 
Nine months
ended 
July 31
 
 
 
2013
 
Beginning balance
 
$
17
 
Total (gain) included in net loss
 
 
(17)
 
Ending balance
 
$
-
 
Fair Value Assumptions Warrants [Table Text Block]
Assumptions used to determine the fair value of the warrants in the nine months ended July 31, 2013 were:
 
 
 
Nine months
ended 
July 31
 
 
 
2013
 
Estimated fair value of stock
 
 
$0.61-$1.00
 
Expected warrant term
 
 
0.0-0.3 years
 
Risk-free rate
 
 
0.0-0.1
%
Expected volatility
 
 
77.4-84.8
%
Dividend yield
 
 
0
%