ACCOUNTS PAYABLE AND ACCRUED EXPENSES

9 Months Ended

Jul. 31, 2016

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following (in thousands):

	July 31, 2016		October 31, 2015
Accounts payable-trade	$	301	$	479
Royalties, fees and development		641		681
Salaries and other compensation		471		510
Other accruals		9		16
Total accounts payable and accrued expenses	$	1,422	$	1,686

During the three and nine months ended July 31, 2015, the Company recognized a gain on extinguishment of liabilities of $415,000 and $1.5 million, respectively. The Company determined that certain accounts payable balances and claims for license fees and services would never be paid because they were no longer being pursued for payment and had passed the statute of limitations.

Salaries and other compensation include accrued payroll expense, accrued incentive compensation and employer 401K plan contributions.