XML 54 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Information (Unaudited)
 12 Months Ended
Oct. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information (Unaudited)

Note 24. Quarterly Information (Unaudited)

 

Selected unaudited financial data for each quarter of fiscal year 2020 and 2019 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, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

16,264

 

 

$

18,880

 

 

$

18,728

 

 

$

16,999

 

 

$

70,871

 

Gross profit (loss)

 

 

3,281

 

 

 

167

 

 

 

(3,128

)

 

 

(8,045

)

 

 

(7,725

)

Loss from operations

 

 

(3,140

)

 

 

(8,142

)

 

 

(10,762

)

 

 

(17,122

)

 

 

(39,166

)

Net loss

 

 

(40,151

)

 

 

(14,769

)

 

 

(15,331

)

 

 

(18,856

)

 

 

(89,107

)

Series B preferred stock dividends

 

 

(931

)

 

 

(800

)

 

 

(800

)

 

 

(800

)

 

 

(3,331

)

Net loss to common stockholders

 

 

(41,082

)

 

 

(15,569

)

 

 

(16,131

)

 

 

(19,656

)

 

 

(92,438

)

Net loss to common stockholders per basic and diluted common share (1)

 

$

(0.20

)

 

$

(0.07

)

 

$

(0.07

)

 

$

(0.08

)

 

 

(0.42

)

Year ended October 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

17,783

 

 

$

9,216

 

 

$

22,712

 

 

$

11,041

 

 

$

60,752

 

Gross (loss) profit

 

 

(2,205

)

 

 

(3,640

)

 

 

7,965

 

 

 

(23,389

)

 

 

(21,269

)

Loss from operations

 

 

(15,244

)

 

 

(17,623

)

 

 

(1,070

)

 

 

(32,992

)

 

 

(66,929

)

Net loss

 

 

(17,548

)

 

 

(19,530

)

 

 

(5,311

)

 

 

(35,179

)

 

 

(77,568

)

Series A warrant exchange

 

 

-

 

 

 

(3,169

)

 

 

-

 

 

 

-

 

 

 

(3,169

)

Series B preferred stock dividends

 

 

(800

)

 

 

(800

)

 

 

(810

)

 

 

(821

)

 

 

(3,231

)

Series C preferred stock deemed (dividends) contributions and redemption value adjustment

 

 

(9,005

)

 

 

1,599

 

 

 

884

 

 

 

-

 

 

 

(6,522

)

Series D preferred stock deemed dividends and redemption accretion

 

 

(5,685

)

 

 

(976

)

 

 

(3,091

)

 

 

(3

)

 

 

(9,755

)

Net loss to common stockholders

 

 

(33,038

)

 

 

(22,876

)

 

 

(8,328

)

 

 

(36,003

)

 

 

(100,245

)

Net loss to common stockholders per basic and diluted common share (1)

 

$

(3.97

)

 

$

(2.06

)

 

$

(0.18

)

 

$

(0.23

)

 

$

(1.82

)

 

(1)

The full year net loss to common stockholders per basic and diluted common share may not equal the sum of the quarters due to weighting of outstanding shares.