XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
BALANCE SHEETS - USD ($)
Oct. 31, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,742,336 $ 2,626,221
Certificate of deposit 1,012,960 1,011,824
Accounts receivable, net of allowance for doubtful accounts of $11,844 at October 31, 2021 and $6,000 at October 31, 2020 870,571 788,234
Inventories 4,708,263 4,254,880
Prepaid expense and other current assets 131,333 92,195
Income taxes receivable 434,019 332,815
Total current assets 8,899,482 9,106,169
Property, plant and equipment, at cost: 4,719,850 4,440,561
Less: accumulated depreciation 3,386,332 3,161,864
Net property, plant and equipment 1,333,518 1,278,697
Other assets    
Deferred income taxes 133,010 77,890
Total other assets 133,010 77,890
TOTAL ASSETS 10,366,010 10,462,756
Current liabilities:    
Accounts payable 421,293 480,278
Accrued liabilities 384,322 377,898
Accrued sales returns 490,000 0
Customer deposits 749,820 526,725
Total current liabilities 2,045,435 1,384,901
Long term debt 0 626,466
Total liabilities 2,045,435 2,011,367
Stockholders' equity:    
Preferred stock, par value $.0001, 10,000,000 shares authorized, none issued 0 0
Common stock, par value $.01, 25,000,000 shares authorized;6,429,875 shares issued 64,299 64,299
Additional paid-in capital 6,419,687 6,419,687
Retained earnings 2,517,999 2,648,813
Less:Treasury stock, 1,245,980 shares, at cost (681,410) (681,410)
Total stockholders' equity 8,320,575 8,451,389
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,366,010 $ 10,462,756