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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (7,794,124) $ (3,947,426)
Adjustment to reconcile net (loss) income to net cash used in operating activities:    
Stock based compensation 190,416 8,253,312
Stock option expense 2,925,892 579,699
ROU operating lease expense 7,305 7,905
Changes in current assets and liabilities:    
Accounts receivable 809,603 (16,734,585)
Accounts receivable – related parties 0 14,595
Prepaid expenses (56,360) (30,000)
Inventory deposit – related party  2,925,000
Inventory 6,112,050 (28,787,767)
Accounts payable (18,055) 272,509
Accounts payable – related party (9,273,010) 36,592,072
Accrued expenses (112,525) (37,854)
Deferred revenue (623,096)
Income tax accrual (756,078)
Customer refund due (314,418)
Right of use liabilities – operating lease (6,345) (6,345)
Net cash used in operating activities (4,604,571) (5,203,059)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Stock warrant exercises 1,566,190
Settled RSUs with cash (59,817) (77,975)
Cash flows provided by (used in) financing activities 1,506,373 (77,975)
Net change in cash and restricted cash (3,098,198) (5,281,034)
Beginning cash and restricted cash balance 7,825,235 7,421,701
Ending cash and restricted cash balance 4,727,037 2,140,667
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid
Income taxes paid $ 106,385