Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements Of Operations (Unaudited)

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Condensed Consolidated Statements Of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Net revenue        
Revenue from sales of encryption products, net $ 1,400 $ 86,915 $ 3,925 $ 103,873
Display technology license fee 246,670   693,340  
Total net revenue 248,070 86,915 697,265 103,873
Cost of revenue and operating expenses        
Cost of encryption products sold 497 24,652 1,234 29,858
Research and development expenses 604,211 731,806 1,253,890 1,508,718
Selling, general and administrative expenses 521,560 618,011 1,207,595 1,378,989
Total cost of revenue and operating expenses 1,126,268 1,374,469 2,462,719 2,917,565
Loss from operations (878,198) (1,287,554) (1,765,454) (2,813,692)
Interest income 1,089 514 2,260 543
Loss before income taxes (877,109) (1,287,040) (1,763,194) (2,813,149)
Provision for income taxes            
Net loss $ (877,109) $ (1,287,040) $ (1,763,194) $ (2,813,149)
Net loss per share:        
Basic and diluted $ 0.00 $ (0.01) $ (0.01) $ (0.02)
Weighted average common shares outstanding:        
Basic and diluted 180,597,215 166,418,894 179,435,408 161,227,190