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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (2,781,964) $ 311,501
Adjustment to reconcile net (loss) income to net cash used in operating activities:    
Stock based compensation 110,250 1,111,296
Stock option expense 309,700 0
ROU operating lease expense 3,649 3,949
Changes in current assets and liabilities:    
Accounts receivable 688,982 (11,262,976)
Accounts receivable – related parties 0 (3,215)
Prepaid expenses 29,543 0
Inventory 3,484,620 (1,722)
Accounts payable (62,812) 0
Accounts payable – related party (3,538,010) 4,838,321
Accrued expenses (205,192) 95,390
Deferred revenue 0 (623,096)
Income tax accrual 0 106,385
Customer refund due (169,110) 0
Right of use liabilities – operating lease (3,170) (3,196)
Net cash used in operating activities (2,133,514) (5,427,336)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Settled RSU shares with cash (35,759) (30,511)
Cash flows used in financing activities (35,759) (30,511)
Net change in cash and restricted cash (2,169,273) (5,457,847)
Beginning cash and restricted cash balance 7,825,235 7,421,701
Ending cash and restricted cash balance 5,655,962 1,963,854
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid $ 106,385 $ 0