LOSS PER SHARE

9 Months Ended

Jul. 31, 2016

Earnings Per Share [Abstract]

LOSS PER SHARE

Shares of common stock issuable under convertible preferred stock, warrants and options and shares subject to restricted stock grants were not included in the calculation of diluted earnings per common share for the three months and nine months ended July 31, 2016 and 2015, as the effect of their inclusion would be anti-dilutive.

The table below provides total potential shares outstanding, including those that are anti-dilutive, on July 31, 2016:

Shares issuable upon exercise of warrants	187,500
Shares issuable upon conversion of preferred stock	2,783,000
Shares issuable upon exercise of stock options	394,278
Non-vested shares under restricted stock grants	303,477