Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

Loss Per Share
6 Months Ended
Apr. 30, 2017
Earnings Per Share [Abstract]  
Loss Per Share



Shares of common stock issuable under convertible preferred stock, warrants and options and shares subject to restricted stock grants were not included in the calculation of diluted earnings per common share for the three months and six months ended April 30, 2017 and 2016, as the effect of their inclusion would be anti-dilutive.


The table below provides total potential shares outstanding, including those that are anti-dilutive, on April 30, 2017 and 2016:


    April 30,  
    2017     2016  
Shares issuable upon exercise of warrants     -       187,500  
Shares issuable upon conversion of preferred stock     9,281,275       2,956,196  
Shares issuable upon exercise of stock options     3,028,512       53,618  
Non-vested shares under restricted stock grants     380,341       164,201