Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2022	Oct. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 4,532	$ 13,053
Trade accounts receivable, net of allowance for doubtful accounts of $207 and $87, respectively	14,812	13,523
Inventories	21,054	11,179
Other current assets	5,849	2,893
TOTAL CURRENT ASSETS	46,247	40,648
Property and equipment:
Equipment and tooling	4,497	3,986
Furniture and office equipment	3,447	1,086
Property, Plant and Equipment, Gross, Ending Balance	7,944	5,072
Less accumulated depreciation	4,771	4,364
Total property and equipment, net	3,173	708
Operating lease right of use assets, net	13,480	1,453
Goodwill	8,085	2,467
Amortizable intangible assets, net	15,296	2,739
Non-amortizable intangible assets	1,174	1,174
Deferred tax assets	1,816	389
Other assets	295	70
TOTAL ASSETS	89,566	49,648
CURRENT LIABILITIES
Accounts payable	5,652	3,504
Accrued expenses	8,814	5,034
Current portion of Term Loan	2,424	0
Current portion of operating lease liabilities	1,887	832
Income taxes payable	759	0
TOTAL CURRENT LIABILITIES	19,536	9,370
Operating lease liabilities	15,025	675
Term Loan, net of debt issuance cost	13,136	0
TOTAL LIABILITIES	47,697	10,045
Commitments and Contingencies
STOCKHOLDERS’ EQUITY
Common stock - authorized 20,000,000 shares of $0.01 par value; 10,198,700 and 10,058,571 shares issued and outstanding at October 31, 2022 and October 31, 2021, respectively	102	101
Additional paid-in capital	25,118	24,301
Retained earnings	16,649	15,201
TOTAL STOCKHOLDERS' EQUITY	41,869	39,603
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 89,566	$ 49,648