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DEBT (Tables)
 3 Months Ended
Jan. 31, 2021
DEBT [Abstract]  
Long-term Debt

The tables below provide information on our long-term debt.

As of January 31, 2021
  
Xiamen
Project Loans
    
Xiamen
Working
Capital Loans
    
Hefei
Equipment
Loan
    
Finance Lease
    
Total
  
Principal due:
                              
Next 12 months
  
$
6,961
    
$
8,861
    
$
-
    
$
5,819
    
$
21,641
  
Months 13 – 24
  
$
10,055
    
$
990
    
$
4,641
    
$
5,445
    
$
21,131
  
Months 25 – 36
    
10,055
      
3,465
      
1,701
      
5,509
      
20,730
  
Months 37 – 48
    
10,055
      
-
      
-
      
18,787
      
28,842
  
Months 49 – 60
    
9,281
      
-
      
-
      
-
      
9,281
  
Thereafter
    
-
      
-
      
-
      
-
      
-
  
Long-term debt
  
$
39,446
    
$
4,455
    
$
6,342
    
$
29,741
    
$
79,984
  
 
                                        
Interest rate at balance sheet date
    
4.90
%
    
4.53% - 4.61
%
    
4.20
%
    
1.14
%
        
Basis spread on interest rates
    
25.00
      
67.75 - 76.00
      
(45.00
)
    
N/A
          
Interest rate reset
  
Quarterly
    
Monthly/Annually
    
Annually
      
N/A
          
Maturity date
  
December 2025
    
July 2023
    
September 2026
    
December 2024
          
Periodic payment amount
  
Increases as loans mature
    
Increases as loans mature
    
Varies (1)
    
Varies (3)
          
Periodic payment frequency
  
Semiannual, on individual loans
    
Semiannual, on individual loans
    
Semiannual(2)
    
Monthly
          
Loan collateral (carrying amount)
  
$
95,703
      
N/A
    
$
89,799
    
$
35,560
(4) 
        

(1) First five loan repayments will each be for 7.5 percent of the approved 200 million RMB loan principal; last five installments will each be for 12.5 percent of the approved loan principal.
(2) Semiannual repayments commence in March 2022.
(3) See Note 8 for periodic payment amounts.
(4) Amount represents the carrying amount of the related right-of-use asset, in which the lessor has a secured interest.

As of October 31, 2020
  
Xiamen
Project Loans
    
Xiamen Working
Capital Loans
    
Total
  
Principal due:
                  
Next 12 months
  
$
6,705
    
$
2,265
    
$
8,970
  
Months 13 – 24
  
$
7,334
    
$
7,808
    
$
15,142
  
Months 25 – 36
    
9,592
      
3,814
      
13,406
  
Months 37 – 48
    
9,789
      
-
      
9,789
  
Months 49 – 60
    
9,432
      
-
      
9,432
  
Thereafter
    
7,211
      
-
      
7,211
  
Long-term debt
  
$
43,358
    
$
11,622
    
$
54,980
  
 
                        
Interest rate at balance sheet date
    
4.90
%
    
4.53% - 4.61
%
        
Basis spread on interest rates
    
25.00
      
40.00 - 76.00
          
Loan collateral (carrying amount)
  
$
94,459
      
N/A