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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2017
Oct. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 5,498 $ 5,258
Trade accounts receivable, net of allowance for doubtful accounts of $72 and $62 3,793 4,077
Inventories, net 6,482 6,022
Other current assets 730 1,436
TOTAL CURRENT ASSETS 16,503 16,793
Property and equipment:    
Equipment and tooling 3,228 3,203
Furniture and office equipment 818 799
Property, Plant and Equipment, Gross 4,046 4,002
Less accumulated depreciation 3,381 3,174
Total property and equipment 665 828
Goodwill 3,219 3,219
Amortizable intangible assets, net 3,177 3,619
Non-amortizable intangible assets 1,237 1,237
Other assets 90 141
TOTAL ASSETS 24,891 25,837
CURRENT LIABILITIES    
Accounts payable 1,224 1,138
Accrued expenses 2,133 2,770
TOTAL CURRENT LIABILITIES 3,357 3,908
Deferred tax liabilities, net 433 409
Other long-term liabilities 0 128
TOTAL LIABILITIES 3,790 4,445
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,852,246 and 8,835,483 shares issued and outstanding at July 31, 2017 and October 31, 2016, respectively 89 88
Additional paid-in capital 19,540 19,379
Retained earnings 1,472 1,925
TOTAL STOCKHOLDERS' EQUITY 21,101 21,392
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 24,891 $ 25,837