Investments - Short-Term

6 Months Ended

Apr. 30, 2024

Investments - Short-Term

Investments - Short-Term

Note 5. Investments – Short-Term

The Company began to invest in U.S. Treasury Securities during fiscal year 2023. The outstanding U.S. Treasury Securities are classified as held-to-maturity and are recorded at amortized cost.  The contractual maturities of investments as of April 30, 2024 and October 31, 2023 were within one year and the weighted average yield to maturity was 5.37% and 5.45%, respectively.

	Amortized			Gross unrealized		Gross unrealized
	cost			gains		losses	Fair value
U.S. Treasury Securities
As of April 30, 2024	$	101,340	$	-	$	(11)	$	101,329
As of October 31, 2023	$	103,760	$	1	$	-	$	103,761