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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Net sales $ 15,652,000 $ 23,842,000 $ 56,294,000 $ 62,265,000
Cost of sales 11,828,000 16,594,000 41,263,000 44,853,000
Gross profit 3,824,000 7,248,000 15,031,000 17,412,000
Operating expenses:        
Engineering 690,000 791,000 2,535,000 2,101,000
Selling and general 5,144,000 5,369,000 15,186,000 13,838,000
Total operating expenses 5,834,000 6,160,000 17,721,000 15,939,000
Operating loss (2,010,000) 1,088,000 (2,690,000) 1,473,000
Other (expense) income (117,000) (177,000) (342,000) (280,000)
Loss before provision for income taxes (2,127,000) 911,000 (3,032,000) 1,193,000
Benefit from income taxes (482,000) 140,000 (806,000) 196,000
Consolidated net loss $ (1,645,000) $ 771,000 $ (2,226,000) $ 997,000
(Loss) earnings per share:        
Basic (in dollars per share) $ (0.16) $ 0.08 $ (0.22) $ 0.10
Diluted (in dollars per share) $ (0.16) $ 0.08 $ (0.22) $ 0.10
Weighted average shares outstanding:        
Basic (in shares) 10,290,265 10,127,244 10,267,652 10,100,767
Diluted (in shares) 10,290,265 10,238,932 10,267,652 10,233,209