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BUSINESS AND FUNDING (Details) (USD $)
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3 Months Ended | 6 Months Ended | |||
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Apr. 30, 2015
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Apr. 30, 2014
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Apr. 30, 2015
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Apr. 30, 2014
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Oct. 31, 2014
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| Accounting Policies [Abstract] | |||||
| Proceeds from Operating Activities | $ 2,874,000us-gaap_ProceedsFromOperatingActivities | ||||
| Net Cash Provided by (Used in) Investing Activities | 45,224us-gaap_NetCashProvidedByUsedInInvestingActivities | (2,051,329)us-gaap_NetCashProvidedByUsedInInvestingActivities | |||
| Proceeds from Sale of Short-term Investments | 2,500,000us-gaap_ProceedsFromSaleOfShortTermInvestments | 650,000us-gaap_ProceedsFromSaleOfShortTermInvestments | |||
| Payments to Acquire Short-term Investments | 2,400,000us-gaap_PaymentsToAcquireShortTermInvestments | 2,700,000us-gaap_PaymentsToAcquireShortTermInvestments | |||
| Payments to Acquire Property, Plant, and Equipment | 54,776us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | ||||
| Net Cash Provided by (Used in) Financing Activities | (200,000)us-gaap_NetCashProvidedByUsedInFinancingActivities | 3,450,710us-gaap_NetCashProvidedByUsedInFinancingActivities | |||
| Treasury Stock, Shares, Acquired (in Shares) | 800,000us-gaap_TreasuryStockSharesAcquired | ||||
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | 400,000us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights | 400,000us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights | |||
| Cash and Cash Equivalents, Period Increase (Decrease) | 2,719,064us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (280,453)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | |||
| Cash, Cash Equivalents, and Short-term Investments | 8,480,000us-gaap_CashCashEquivalentsAndShortTermInvestments | 8,480,000us-gaap_CashCashEquivalentsAndShortTermInvestments | 5,861,000us-gaap_CashCashEquivalentsAndShortTermInvestments | ||
| Payments to Acquire Intangible Assets | 0us-gaap_PaymentsToAcquireIntangibleAssets | 3,036,000us-gaap_PaymentsToAcquireIntangibleAssets | |||
| Amortization of Intangible Assets | $ 81,324us-gaap_AmortizationOfIntangibleAssets | $ 81,359us-gaap_AmortizationOfIntangibleAssets | $ 162,648us-gaap_AmortizationOfIntangibleAssets | $ 151,840us-gaap_AmortizationOfIntangibleAssets | |
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- Details
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for securities or other assets acquired, which qualify for treatment as an investing activity and are to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total amount of cash received from operating activities during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from sales of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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