Discontinued operations

9 Months Ended

Jul. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued operations

Note 3 - Discontinued operations

During 2013, the Company sold its RF Neulink and RadioMobile divisions, which together had comprised the Company’s RF Wireless segment. The divisions were sold pursuant to asset purchase agreements, whereby no purchase price was paid at the closing. Rather, the agreements required each of the purchasers to make royalty payments over a three year period. For the three and nine months ended July 31, 2015, the Company recognized approximately $48,000 and $70,000 of royalty income for the RF Neulink and RadioMobile divisions, respectively, which amounts have been included within discontinued operations. For the three and nine months ended July 31, 2014, the Company recognized approximately $23,000 and $69,000 of royalty income for the RF Neulink and RadioMobile divisions, respectively, which amounts have been included within discontinued operations.