Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Reconciliation of net loss to net cash used in operating activities:    
Net loss $ (5,121) $ (6,026)
Stock option compensation to employees and directors 1,405 1,993
Stock options issued to consultants 56 50
Amortization of operating lease right-of-use asset 20 18
Amortization of discount on held-to-maturity securities 71 (79)
Change in operating assets and liabilities:    
Receivables (56) 173
Prepaid expenses and other current assets (237) 96
Accounts payable 87 (241)
Accrued expenses (556) (380)
Operating lease liability (20) (11)
Net cash used in operating activities (4,351) (4,407)
Cash flows from investing activities:    
Disbursements to acquire short-term investments (24,642) (24,929)
Proceeds from maturities of short-term investments 26,292 29,974
Net cash provided by investing activities 1,650 5,045
Cash flows from financing activities:    
Proceeds (expenses) from sale of common stock in an at-the-market offering, net of offering expenses of $135 and $51, respectively 2,870 (3)
Proceeds from sale of common stock pursuant to an employee stock purchase plan 4 4
Proceeds from exercise of stock options 60
Net cash provided by financing activities 2,934 1
Net increase in cash and cash equivalents 233 639
Cash and cash equivalents at beginning of period 1,244 1,271
Cash and cash equivalents at end of period $ 1,477 $ 1,910