Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.2.0.727
STOCK BASED COMPENSATION (Tables)
9 Months Ended
Jul. 31, 2015
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

For the Nine Months

Ended July 31,

 

For the Three Months

Ended July 31,

 

 

 

2015

 

2014

 

2015

 

2014

Weighted average fair value at grant date

$2.40

 

$5.50

 

$3.09

 

$6.25

Valuation assumptions:

 

 

 

 

 

 

 

Expected life (years)

5.36

 

5.79

 

5.75

 

5.98

Expected volatility

114.8%

 

115.4%

 

117.8%

 

115.1%

Risk-free interest rate

1.66%

 

1.82%

 

2.01%

 

1.93%

Expected dividend yield

0

 

0

 

0

 

0

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

 

 

 Weighted

Average Exercise

Price Per Share

 

Aggregate

Intrinsic

Value

 

 

 

 

 

Shares

 

 

Options Outstanding at October 31, 2014

493,991

 

$18.00

 

 

 

Forfeited

(82,191)

 

$15.57

 

 

 

Options Outstanding and exercisable at July 31, 2015

411,800

 

$17.22

 

$

156,896

 

 

 

Weighted

Average Exercise

Price Per Share

 

Aggregate

Intrinsic

Value

 

 

 

 

 

Shares

 

 

Options Outstanding at October 31, 2014

728,560

 

$5.75

 

 

 

Granted

60,400

 

$2.91

 

 

 

Exercised

(13,334)

 

$2.58

 

 

 

Forfeited

(243,355)

 

$6.39

 

 

 

Options Outstanding  at July 31, 2015

532,271

 

$3.32

 

$

986,700

Options Exercisable at July 31, 2015

383,982

 

$3.45

 

$

652,231

2003 Share Plan [Member]  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

 

 

 

 

Weighted Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

 

Number

Outstanding

 

 

 

 

 

   $ 1.79 - $ 9.25

 

77,880

 

1.91

 

$

2.89

$10.75 - $17.50

 

101,200

 

1.04

 

$

15.21

   $18.50 - $23.00

 

192,720

 

1.39

 

$

21.57

$29.25

 

40,000

 

2.06

 

$

29.25

2010 Share Plan [Member]  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

 

Options Outstanding

 

Options Exercisable

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

 

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

Number

Outstanding

 

Number

Exercisable

 

 

 

 

 

 

 

 

 

$2.58 - $9.25

532,271

7.25

$3.32

 

383,982

6.75

$3.45

 

 

 

 

 

 

 

.

Stock Options Not Granted Under 2003 Share Plan Or 2010 Share Plan [Member]  
STOCK BASED COMPENSATION (Tables) [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

 

 

Weighted

Average Exercise

Price Per Share

 

Aggregate

Intrinsic
Value

 

 

 

 

 

Shares

 

 

Options Outstanding at October 31, 2014

1,780,000

 

$5.50

 

 

 

Options Outstanding  at July 31, 2015

1,780,000

 

$2.69

 

$

3,958,650

Options Exercisable at July 31, 2015

1,689,179

 

$2.69

 

$

3,748,399

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
 

 

Options Outstanding

 

Options Exercisable

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

 

 

 

 

 

 

 

Weighted

Average

Exercise Price

 

 

Weighted

Average

Exercise Price

Range of

Exercise Prices

Number

Outstanding

 

Number

Exercisable

 

 

 

 

 

 

 

 

 

$2.58-$5.50

1,780,000

7.01

$2.69

 

1,689,179

7.01

$2.69

 

 

 

 

 

 

 

.