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Consolidated Balance Sheets (Unaudited) - USD ($)
Apr. 30, 2023
Oct. 31, 2022
CURRENT ASSETS:    
Cash $ 1,124,371 $ 3,685,893
Accounts receivable, net 1,534,236 574,606
Other receivable – related party – short term 1,448,376 1,539,486
Inventories 3,646,738 1,239,725
Prepaid expenses 181,921 426,407
Income tax receivable 1,607,302
Total current assets 7,935,642 9,073,419
Fixed assets, net 3,190
Other receivable – related party – net of current portion 1,771,270 2,164,646
Right of use asset- operating lease 1,104,622 1,198,969
TOTAL ASSETS 10,814,724 12,437,034
CURRENT LIABILITIES:    
Accounts payable 163,270 40,023
Other payable- related party 2,122,452
Accrued expenses 696,876 1,099,157
Customer deposits 12,099 44,973
Customer refund due 921,078 0
Deferred revenue 129,702 235,274
Operating lease obligation – short term 175,206 166,051
Total current liabilities 4,220,683 1,585,478
LONG TERM LIABILITIES    
Operating lease obligation, net of current portion 961,593 1,050,776
TOTAL LIABILITIES 5,182,276 2,636,254
STOCKHOLDERS’ EQUITY:    
Preferred stock, 5,000,000 shares authorized: Series A Convertible Preferred stock ($0.001 par value, 3,000,000 shares authorized, none issued and outstanding as of April 30, 2023 and October 31, 2022, respectively)
Common stock ($0.001 par value, 1,000,000,000 shares authorized, 56,169,090 and 56,169,090 issued and outstanding as of April 30, 2023, and October 31, 2022, respectively) 56,169 56,169
Additional paid-in capital 32,164,512 29,375,787
Accumulated deficit (26,588,233) (19,631,176)
Total Stockholders’ Equity 5,632,448 9,800,780
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 10,814,724 $ 12,437,034