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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
OPERATING ACTIVITIES:    
Consolidated net income $ 997 $ 5,368
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities:    
Bad debt expense 13 17
Depreciation and amortization 1,155 592
Stock-based compensation expense 498 634
Amortization of debt issuance cost 4 0
Tax payments related to shares cancelled for vested restricted stock awards (19) (13)
Changes in operating assets and liabilities:    
Deferred income taxes 126 924
PPP Loan and interest forgiveness 0 (2,807)
Trade accounts receivable 229 (4,874)
Inventories (3,980) (1,814)
Other current assets (1,006) (3,311)
Right of use assets 78 (24)
Other long-term assets (224) 0
Accounts payable 1,464 986
Accrued expenses 1,261 1,143
Income taxes payable 0 (43)
Other long-term liabilities 0 (370)
Net cash provided by (used in) operating activities 596 (3,592)
INVESTING ACTIVITIES:    
Capital expenditures (430) (194)
Purchase of company, net of cash acquired (24,442) 0
Net cash used in investing activities (24,872) (194)
FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 149 567
Debt issuance cost (32) 0
Term Loan payments (808)  
Net cash provided by financing activities 16,309 567
Net decrease in cash and cash equivalents (7,967) (3,219)
Cash and cash equivalents, beginning of period 13,053 15,797
Cash and cash equivalents, end of period 5,086 12,578
Supplemental cash flow information – income taxes paid 223 309
Term Loan [Member]    
FINANCING ACTIVITIES:    
Term Loan payments   0
Term Loan $ 17,000 $ 0