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Balance Sheets - USD ($)
Oct. 31, 2018
Oct. 31, 2017
Current assets:    
Cash and cash equivalents $ 4,733,510 $ 4,541,767
Accounts receivable, net of allowance for doubtful accounts of $15,000 at October 31, 2018 and at October 31, 2017 556,666 909,784
Inventories 4,257,085 4,429,648
Prepaid expense and other current assets 166,604 105,935
Income taxes receivable 126,886
Total current assets 9,713,865 10,114,020
Property, plant and equipment, at cost: 4,092,153 3,960,510
Less: accumulated depreciation 2,821,448 2,637,818
Net property, plant and equipment 1,270,705 1,322,692
Other assets:    
Deferred income taxes 61,494 37,348
Total other assets 61,494 37,348
TOTAL ASSETS 11,046,064 11,474,060
Current liabilities:    
Accounts payable 581,651 765,019
Accrued liabilities 386,416 355,016
Customer deposits 894,579 1,480,836
Total current liabilities 1,862,646 2,600,871
Total liabilities 1,862,646 2,600,871
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, 2018 and October 31, 2017 64,299 64,299
Additional paid-in capital 6,419,687 6,419,687
Retained earnings 3,380,842 3,070,613
Total stockholders' equity before treasury stock 9,864,828 9,554,599
Less: Treasury stock, 1,245,980 shares, at cost (681,410) (681,410)
Total stockholders' equity 9,183,418 8,873,189
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,046,064 $ 11,474,060