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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,957,057) $ (7,794,124)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 190,416
Depreciation 290
Stock option expense 2,788,725 2,925,892
Bad debt expense 4,622
ROU operating lease expense 94,347 7,305
Writeoff of inventory 105,057
Changes in current assets and liabilities:    
Accounts receivable (964,252) 809,603
Other receivable – related party 484,486
Prepaid expenses 244,486 (56,360)
Inventory (2,512,070) 6,112,050
Inventory deposit – related party 2,925,000
Income tax receivable 1,607,302
Accounts payable 123,247 (18,055)
Accounts payable – related party 2,122,452 (9,273,010)
Accrued expenses (402,281) (112,525)
Deferred revenue (105,572)
Customer deposits (32,874)
Customer refunds due 921,078 (314,418)
Right of use liabilities – operating lease (80,028) (6,345)
Net cash used in Operating Activities (2,558,042) (4,604,571)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for equipment (3,480)
Net cash used in investing activities (3,480)
CASH FLOWS FROM FINANCING ACTIVITIES    
Stock warrant exercises 1,566,190
Settled RSU shares with cash (59,817)
Net cash provided by financing activities 1,506,373
Net change in cash and restricted cash (2,561,522) (3,098,198)
Beginning cash and restricted cash balance 3,685,893 7,825,235
Ending cash and restricted cash balance 1,124,371 4,727,037
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid
Income taxes paid