DEBT FACILITIES (Tables)

9 Months Ended

Jul. 31, 2022

DEBT FACILITIES

Schedule of debt financing

	July 31, 2022		October 31, 2021
	(unaudited)
$20 million Revolving Credit Promissory Note, see terms below	$	—	$	—
$20 million Revolving term loan, see terms below		—		—
$25 million Single Advance Term Promissory Note, see terms below		12,750,000		25,000,000
$2.4 million Single Advance Term Promissory Note, see terms below		180,000		2,400,000
Term note payable to Project Hawkeye, see terms below		—		5,267,857
Totals		14,550,000		32,667,857
Less: amounts due within one year		5,100,000		5,046,429
Net long-term debt	$	9,450,000	$	27,621,428

Schedule of annual maturities of debt

2023	$	5,100,000
2024		5,100,000
2025		4,350,000
Total debt	$	14,550,000