Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.21.4
LEASES (Tables)
12 Months Ended
Oct. 31, 2021
Leases  
SCHEDULE OF OPERATING LEASE

Balance sheet information related to the Company’s lease is presented below:

 

   

Balance Sheet

Location

 

October 31,

2021

   

October 31,

2020

 
Operating Lease:                    

Right-of-use asset

 

Operating lease right- of-use asset

    253,955       54,340  

Right-of-use liability, current

  Operating lease liability     39,397       55,198  

Right-of-use liability, long-term

 

Operating lease liability, non-current

    220,082       -  
SCHEDULE OF MINIMUM LEASE PAYMENTS

As of October 31, 2021, the annual minimum lease payments of our operating lease liability were as follows:

 

For Years Ending October 31,   Operating Leases  
2022   $ 63,579  
2023     65,491  
2024     67,452  
2025     69,473  
2026     65,428  
Total future minimum lease payments, undiscounted     331,423  
Less: Imputed interest     71,944  
Present value of future minimum lease payments   $ 259,479