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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (11,651,115) $ (7,384,432)
Adjustment to reconcile net loss to net cash used in operating activities:    
Stock based compensation 190,416 8,269,846
Stock option expense 4,854,313 1,268,210
ROU operating lease expense 86,385 10,887
Changes in current assets and liabilities:    
Accounts receivable 536,888 (6,322,852)
Accounts receivable – related parties 15,360
Prepaid expenses (143,773) (229,167)
Inventory 9,477,060 (14,940,817)
Inventory deposit– related party 2,925,000
Accounts payable (89,507) 284,303
Accounts payable – related party (11,877,527) 15,404,401
Accrued expenses (34,856) (693,818)
Customer deposits 143,620 (623,096)
Income tax accrual (1,331,856)
Customer refund due (316,800)
Right of use liabilities – operating lease (79,288) (8,547)
Net cash used in operating activities (5,979,184) (6,281,578)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Stock warrant exercises 1,571,890
Settled RSUs with cash (59,817) (201,688)
Cash flows provided by (used in) financing activities 1,512,073 (201,685)
Net change in cash and restricted cash (4,467,111) (6,483,266)
Beginning cash and restricted cash balance 7,825,235 7,421,701
Ending cash and restricted cash balance 3,358,124 938,435
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid
Income taxes paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Conversion of 3M shares of Series A Preferred Stock into 25M shares of Common Stock 25,000
New ROU leased asset recognized $ 1,276,255