Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jan. 31, 2025
Oct. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,053,000 $ 1,271,000
Short-term investments 16,202,000 18,653,000
Receivables 173,000
Prepaid expenses and other current assets 1,431,000 1,265,000
Total current assets 18,686,000 21,362,000
Operating lease right-of-use asset 220,000 229,000
Total assets 18,906,000 21,591,000
Current liabilities:    
Accounts payable 600,000 525,000
Accrued expenses 1,363,000 1,946,000
Operating lease liability 36,000 29,000
Total current liabilities 1,999,000 2,500,000
Operating lease liability, non-current 194,000 203,000
Total liabilities 2,193,000 2,703,000
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock, value
Common stock, par value $.01 per share; 100,000,000 shares authorized; 32,196,862 shares issued and outstanding as of January 31, 2025 and October 31, 2024 322,000 322,000
Additional paid-in capital 261,470,000 260,432,000
Accumulated deficit (243,934,000) (240,750,000)
Treasury stock, 2,000 shares at cost (6,000) (6,000)
Total shareholders’ equity 17,852,000 19,998,000
Noncontrolling interest (Note 2) (1,139,000) (1,110,000)
Total equity 16,713,000 18,888,000
Total liabilities and equity 18,906,000 21,591,000
Series A Convertible Preferred Stock [Member]    
Shareholders’ equity:    
Preferred stock, value