Annual report pursuant to section 13 and 15(d)

Consolidated Statements Of Cash Flows

v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
 12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:    
Payments to suppliers, employees and consultants $ (3,280,030) $ (3,209,847)
Cash received from products and services 130,523 126,895
Cash received from display technology license fee, net of taxes 2,400,000 600,000
Dividend received 33,507 68,211
Interest received   8,924
Net cash used in operating activities (716,000) (2,405,817)
Cash flows from investing activities:    
Disbursements to acquire short-term investments in U.S. government securities and certificates of deposit (3,947,543) (749,870)
Proceeds from maturities of short-term investments in U.S. government securities and certificates of deposit 1,699,618 1,500,000
Proceeds from sale of Digital Info Security Co. Inc. common stock 118,777 51,631
Payments for purchases of property and equipment (9,028) (2,069)
Net cash (used in) provided by investing activities (2,138,176) 799,692
Cash flows from financing activities:    
Proceeds from private placement 1,250,000  
Proceeds from exercise of stock options 1,284,100 1,249,000
Net cash provided by financing activities 2,534,100 1,249,000
Net (decrease) in cash and cash equivalents (320,076) (357,125)
Cash and cash equivalents at beginning of year 1,094,116 1,451,241
Cash and cash equivalents at end of year 774,040 1,094,116
Reconciliation of net loss to net cash used in operating activities:    
Net loss (7,378,036) (5,175,131)
Depreciation and amortization 7,977 8,358
Gain on sale of Digital Info Security Co., Inc. common stock (30,169) (4,789)
Other than temporary impairment in value of available for sale securities 1,785,793  
Other (3,438) 43,678
Change in operating assets and liabilities:    
Prepaid expenses and other current assets 45,823 10,664
Accounts payable and accrued liabilities 10,348 53,947
Deferred revenue 2,127,330  
Net cash used in operating activities (716,000) (2,405,817)
Nonemployees [Member]
    
Reconciliation of net loss to net cash used in operating activities:    
Stock option compensation 44,034 6,392
Stock awards granted pursuant to stock incentive plans 113,141 75,885
Employees [Member]
    
Reconciliation of net loss to net cash used in operating activities:    
Stock option compensation 741,982 743,001
Stock awards granted pursuant to stock incentive plans $ 1,819,215 $ 1,832,178