Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)

v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2013
Apr. 30, 2012
Net revenue        
Revenue from sales of encryption products, net   $ 1,400 $ 2,130 $ 3,925
Display technology license fee   246,670   693,340
Total net revenue   248,070 2,130 697,265
Cost of revenue and operating expenses        
Cost of encryption products sold   497 27,067 1,234
Research and development expenses   604,211   1,253,890
Selling, general and administrative expenses 1,851,025 521,560 3,898,887 1,207,595
Total cost of revenue and operating expenses 1,851,025 1,126,268 3,925,954 2,462,719
Loss from operations (1,851,025) (878,198) (3,923,824) (1,765,454)
Change in fair value of derivative liability 210,000   210,000  
Interest expense (835,458)   (857,653)  
Interest income 30 1,089 37 2,260
Loss before income taxes (2,476,453) (877,109) (4,571,440) (1,763,194)
Provision for income taxes            
Net loss (2,476,453) (877,109) (4,571,440) (1,763,194)
Other comprehensive income (loss):        
Unrealized gain (loss) on investment in Videocon Industries Limited global depository receipts 290,194 (412,853) 1,292,410 (517,562)
Total comprehensive loss $ (2,186,259) $ (1,289,962) $ (3,279,030) $ (2,280,756)
Net loss per share:        
Basic and diluted (in Dollars per share) $ (0.01) $ 0.00 $ (0.02) $ (0.01)
Weighted average common shares outstanding:        
Basic and diluted (in Shares) 191,654,954 180,597,215 188,674,589 179,435,408