Discontinued operations

3 Months Ended

Jan. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Discontinued operations

Note 2 - Discontinued operations

For the three months ended January 31, 2017, the Company recognized approximately $62,000 of royalty income for RadioMobile, which amount has been included within discontinued operations. For the three months ended January 31, 2016, the Company recognized approximately $2,000 of royalty income for the RF Neulink division, which amounts have been included within discontinued operations.

During March 2016, the Company announced the shutdown of its Bioconnect division, which comprised the entire operations of the Medical Cabling and Interconnect segment. The closure is part of the Company’s ongoing plan to close or dispose of underperforming divisions that are not part of the Company’s core operations. For the three months ended January 31, 2017, the Company recognized approximately $10,000 of income from sale of equipment for the Bioconnect division, which has been included within discontinued operations. For the three months ended January 31, 2016, the Company recognized approximately $40,000 loss for the Bioconnect division, which has been included within discontinued operations.