Annual report pursuant to section 13 and 15(d)

Condensed Consolidated Statements Of Cash Flows

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Condensed Consolidated Statements Of Cash Flows (USD $)
 12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Cash flows from operating activities:    
Payments to suppliers, employees and consultants $ (3,164,613) $ (3,280,030)
Cash received from products and services 7,075 130,523
Cash received from display technology license fee, net of taxes   2,400,000
Dividend received 13,463 33,507
Interest received 3,327  
Net cash used in operating activities (3,140,748) (716,000)
Cash flows from investing activities:    
Disbursements to acquire short-term investments in U.S. government securities and certificates of deposit (1,200,000) (3,947,543)
Proceeds from maturities of short-term investments in U.S. government securities and certificates of deposit 2,948,551 1,699,618
Proceeds from sale of Digital Info Security Co. Inc. common stock 1,000 118,777
Payments for purchases of property and equipment (1,600) (9,028)
Net cash provided by (used in) investing activities 1,747,951 (2,138,176)
Cash flows from financing activities:    
Proceeds from private placement 750,000 1,250,000
Proceeds from exercise of stock options 208,450 1,284,100
Net cash provided by financing activities 958,450 2,534,100
Net (decrease) in cash and cash equivalents (434,347) (320,076)
Cash and cash equivalents at beginning of year 774,040 1,094,116
Cash and cash equivalents at end of year 339,693 774,040
Reconciliation of net loss to net cash used in operating activities:    
Net loss (4,252,799) (7,378,036)
Stock option compensation 927,000 1,819,000
Stock awards granted pursuant to stock incentive plans 615,000 742,000
Depreciation and amortization 7,234 7,977
Gain on sale of Digital Info Security Co., Inc. common stock (1,000) (30,169)
Other than temporary impairment in value of available for sale securities   1,785,793
Impairment in value of investment in Volga-Svet Ltd. 127,500  
Other 1,722 (3,438)
Change in operating assets and liabilities:    
Prepaid expenses and other current assets 13,382 45,823
Accounts payable and accrued liabilities 174,670 10,348
Deferred revenue (940,010) 2,127,330
Net cash used in operating activities (3,140,748) (716,000)
Employees [Member]
    
Reconciliation of net loss to net cash used in operating activities:    
Stock option compensation 614,914 741,982
Stock awards granted pursuant to stock incentive plans 927,356 1,819,215
Nonemployees [Member]
    
Reconciliation of net loss to net cash used in operating activities:    
Stock option compensation 110,351 44,034
Stock awards granted pursuant to stock incentive plans $ 75,932 $ 113,141