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Balance Sheets - USD ($)
Oct. 31, 2017
Oct. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,541,767 $ 2,719,337
Certificates of deposit 310,463
Accounts receivable, net of allowance for doubtful accounts of $15,000 at October 31, 2017 and at October 31, 2016 909,784 881,997
Inventories 4,429,648 3,839,115
Prepaid expense and other current assets 105,935 155,961
Income taxes receivable 126,886 191,303
Total current assets 10,114,020 8,098,176
Property, plant and equipment, at cost: 3,960,510 3,930,058
Less: accumulated depreciation 2,637,818 2,449,231
Net property, plant and equipment 1,322,692 1,480,827
Other assets:    
Other assets 1,256
Deferred income taxes 37,348 35,719
Total other assets 37,348 36,975
TOTAL ASSETS 11,474,060 9,615,978
Current liabilities:    
Accounts payable 765,019 390,108
Accrued liabilities 355,016 276,717
Customer deposits 1,480,836 149,324
Total current liabilities 2,600,871 816,149
Total liabilities 2,600,871 816,149
Stockholders' equity:    
Preferred stock, par value $.0001, 10,000,000 shares authorized, none issued
Common stock, par value $.01, 25,000,000 shares authorized; 6,429,875 shares issued at October 31, 2017 and October 31, 2016 64,299 64,299
Additional paid-in capital 6,419,687 6,419,687
Retained earnings 3,070,613 2,997,253
Total stockholders' equity before treasury stock 9,554,599 9,481,239
Less: Treasury stock, 1,245,980 shares, at cost (681,410) (681,410)
Total stockholders' equity 8,873,189 8,799,829
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,474,060 $ 9,615,978