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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Revenues        
Revenues, net $ 1,991,438 $ 3,046,657 $ 4,982,718 $ 5,482,492
Revenues - related party 1,800 3,628 3,700 6,713
Royalty revenue 250,325 0 490,325 105,572
Excise tax on products (17,249) (29,983) (38,856) (48,557)
Total revenues, net 2,226,314 3,020,302 5,437,887 5,546,220
Cost of revenues        
Cost of revenue - related party 1,726,658 3,145,652 3,740,093 5,131,452
Cost of revenue - other 0 0 0 0
Total cost of revenue 1,726,658 3,145,652 3,740,093 5,131,452
Gross profit (loss) 499,656 (125,350) 1,697,794 414,768
Operating expenses        
Advertising and promotion 251,400 660,132 656,292 1,249,042
General and administrative expenses 1,503,968 3,176,666 4,011,836 6,134,735
Total operating expenses 1,755,368 3,836,798 4,668,128 7,383,777
Other income (expense)        
Loss on extinguishment of Debt 0 0 (98,432) 0
Interest income (expense), net (271,466) 0 (571,383) 11,952
Total other income (expense) (271,466) 0 (669,815) 11,952
Loss before income taxes provision (1,527,178) (3,962,148) (3,640,149) (6,957,057)
Benefit from income taxes 0 0 (715) 0
Net loss (1,527,178) (3,962,148) (3,640,864) (6,957,057)
Preferred stock dividend (67,500) 0 (135,000) 0
Net loss attributable to common shareholder $ (1,594,678) $ (3,962,148) $ (3,775,864) $ (6,957,057)
Net loss per common share - basic $ (0.56) $ (1.48) $ (1.32) $ (2.60)
Net loss per common share - diluted $ (0.56) $ (1.48) $ (1.32) $ (2.60)
Weighted average number of common shares outstanding - basic 2,863,002 2,674,719 2,858,881 2,674,719
Weighted average number of common shares outstanding - diluted 2,863,002 2,674,719 2,858,881 2,674,719