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,
|
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|
|
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 |
|
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|
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|
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|
. |
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