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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2018
Oct. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 5,880 $ 6,039
Trade accounts receivable, net of allowance for doubtful accounts of $71 and $73, respectively 5,397 3,901
Inventories 6,797 6,109
Other current assets 755 744
TOTAL CURRENT ASSETS 18,829 16,793
Property and equipment:    
Equipment and tooling 3,324 3,302
Furniture and office equipment 837 871
Property, Plant and Equipment, Gross 4,161 4,173
Less accumulated depreciation 3,535 3,462
Total property and equipment 626 711
Goodwill 3,219 3,219
Amortizable intangible assets, net 2,891 3,030
Non-amortizable intangible assets 1,237 1,237
Other assets 49 70
TOTAL ASSETS 26,851 25,060
CURRENT LIABILITIES    
Accounts payable 2,101 1,356
Accrued expenses 2,697 2,242
Income tax payable 96 0
TOTAL CURRENT LIABILITIES 4,894 3,598
Deferred tax liabilities 104 119
TOTAL LIABILITIES 4,998 3,717
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock - authorized 20,000,000 shares of $0.01 par value; 8,974,297 and 8,872,246 shares issued and outstanding at January 31, 2018 and October 31, 2017, respectively 90 89
Additional paid-in capital 19,885 19,654
Retained earnings 1,878 1,600
TOTAL STOCKHOLDERS' EQUITY 21,853 21,343
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 26,851 $ 25,060