Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Unaudited)

v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,477 $ 1,244
Short-term investments 12,209 13,930
Receivables 56
Prepaid expenses and other current assets 950 713
Total current assets 14,692 15,887
Operating lease right-of-use asset 173 193
Total assets 14,865 16,080
Current liabilities:    
Accounts payable 252 165
Accrued expenses 1,205 1,761
Operating lease liability 44 41
Total current liabilities 1,501 1,967
Operating lease liability, non-current 140 163
Total liabilities 1,641 2,130
Commitments and contingencies (Note 10)  
Shareholders’ equity:    
Preferred stock, value
Common stock, par value $.01 per share; 100,000,000 shares authorized; 33,922,776 and 33,013,829 shares issued and outstanding as of April 30, 2026 and October 31, 2025, respectively 339 330
Additional paid-in capital 270,894 266,508
Accumulated deficit (256,758) (251,677)
Total shareholders’ equity 14,475 15,161
Noncontrolling interest (Note 2) (1,251) (1,211)
Total equity 13,224 13,950
Total liabilities and equity 14,865 16,080
Series A Convertible Preferred Stock [Member]    
Shareholders’ equity:    
Preferred stock, value