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Quarterly Information (Unaudited)
12 Months Ended
Oct. 31, 2015
Quarterly Information (Unaudited) [Abstract]  
Quarterly Information (Unaudited)
Note 19. Quarterly Information (Unaudited)
Selected unaudited financial data for each quarter of fiscal year 2016 and 2015 is presented below. We believe that the information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented.
(in thousands)
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full
Year
Year ended October 31, 2016
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
33,482

 
$
28,581

 
$
21,716

 
$
24,473

 
108,252

Gross (loss) profit
 
(166
)
 
(157
)
 
434

 
(468
)
 
(357
)
Loss on operations
 
(11,517
)
 
(12,708
)
 
(10,323
)
 
(11,805
)
 
(46,353
)
Net loss
 
(11,779
)
 
(15,414
)
 
(11,067
)
 
(12,948
)
 
(51,208
)
Preferred stock dividends
 
(800
)
 
(800
)
 
(800
)
 
(800
)
 
(3,200
)
Net loss to common shareholders
 
(12,512
)
 
(16,173
)
 
(11,810
)
 
(13,662
)
 
(54,157
)
Net loss to common shareholders per basic and diluted common share (1)
 
$
(0.48
)
 
$
(0.56
)
 
$
(0.38
)
 
$
(0.41
)
 
(1.82
)
Year ended October 31, 2015
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
41,670

 
$
28,600

 
$
41,356

 
$
51,451

 
$
163,077

Gross profit
 
4,014

 
2,023

 
3,595

 
3,144

 
12,776

Loss on operations
 
(5,130
)
 
(8,793
)
 
(7,103
)
 
(7,866
)
 
(28,892
)
Net loss
 
(4,154
)
 
(9,997
)
 
(6,628
)
 
(8,905
)
 
(29,684
)
Preferred stock dividends
 
(800
)
 
(800
)
 
(800
)
 
(800
)
 
(3,200
)
Net loss to common shareholders
 
(4,866
)
 
(10,694
)
 
(7,339
)
 
(9,660
)
 
(32,559
)
Net loss to common shareholders per basic and diluted common share (1)
 
$
(0.20
)
 
$
(0.44
)
 
$
(0.29
)
 
$
(0.38
)
 
(1.33
)
(1)
The full year net loss to common shareholders basic and diluted share may not equal the sum of the quarters due to weighting of outstanding shares.