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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
Net sales $ 16,836,000 $ 15,652,000 $ 46,404,000 $ 56,294,000
Cost of sales 11,875,000 11,828,000 33,316,000 41,263,000
Gross profit 4,961,000 3,824,000 13,088,000 15,031,000
Operating expenses:        
Engineering 653,000 690,000 2,059,000 2,535,000
Selling and general 4,727,000 5,144,000 13,948,000 15,186,000
Total operating expenses 5,380,000 5,834,000 16,007,000 17,721,000
Operating (loss) income (419,000) (2,010,000) (2,919,000) (2,690,000)
Other expense (338,000) (117,000) (676,000) (342,000)
(Loss) income before benefit for income taxes (757,000) (2,127,000) (3,595,000) (3,032,000)
Provision for (benefit) income taxes (52,000) (482,000) 2,766,000 (806,000)
Consolidated net (loss) income $ (705,000) $ (1,645,000) $ (6,361,000) $ (2,226,000)
Basic (in dollars per share) $ (0.07) $ (0.16) $ (0.61) $ (0.22)
Diluted (in dollars per share) $ (0.07) $ (0.16) $ (0.61) $ (0.22)
Weighted average shares outstanding:        
Basic (in shares) 10,495,082 10,290,265 10,466,862 10,267,652
Diluted (in shares) 10,495,082 10,290,265 10,466,862 10,267,652