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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2017
Oct. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 6,039 $ 5,258
Trade accounts receivable, net of allowance for doubtful accounts of $73 and $62, respectively 3,901 4,077
Inventories 6,109 6,022
Other current assets 744 1,436
TOTAL CURRENT ASSETS 16,793 16,793
Property and equipment:    
Equipment and tooling 3,302 3,203
Furniture and office equipment 871 799
Property, Plant and Equipment, Gross 4,173 4,002
Less accumulated depreciation 3,462 3,174
Total property and equipment 711 828
Goodwill 3,219 3,219
Amortizable intangible assets, net 3,030 3,619
Non-amortizable intangible assets 1,237 1,237
Other assets 70 141
TOTAL ASSETS 25,060 25,837
CURRENT LIABILITIES    
Accounts payable 1,356 1,138
Accrued expenses 2,242 2,770
TOTAL CURRENT LIABILITIES 3,598 3,908
Deferred tax liabilities, net 119 409
Other long-term liabilities 0 128
TOTAL LIABILITIES 3,717 4,445
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,872,246 and 8,835,483 shares issued and outstanding at October 31, 2017 and 2016, respectively 89 88
Additional paid-in capital 19,654 19,379
Retained earnings 1,600 1,925
TOTAL STOCKHOLDERS' EQUITY 21,343 21,392
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 25,060 $ 25,837