PROPERTY AND EQUIPMENT, NET

6 Months Ended

Apr. 30, 2015

Property and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8. PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consist of the following:

	April 30, 2015		October 31, 2014
Computers and software	$	61	$	1,239
Furniture and equipment		78		402
Leasehold improvements		-		150
Total property and equipment, gross		139		1,791
Accumulated depreciation		(83)		(1,593)
Total property and equipment, net	$	56	$	198

In the six months ended April 30, 2015, in connection with the expiration of its prior facilities lease and relocation the Company disposed of property and equipment with a net book value of $92 and received proceeds of $17 from the sale of certain of the property and equipment.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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