| SCHEDULE OF OPERATING RESULTS OF THE SEGMENT |
The
following table presents the operating results of the segment:
SCHEDULE
OF OPERATING RESULTS OF THE SEGMENT
| | |
Year Ended
October 31, 2025 | | |
Year Ended
October 31, 2024 | |
| Revenues | |
$ | 2,056,818 | | |
$ | 1,855,644 | |
| Less Significant Segment Expenses: | |
| | | |
| | |
| Cost of Sales | |
| (483,340 | ) | |
| (426,189 | ) |
| Total Compensation and Benefits Cost | |
| (1,884,074 | ) | |
| (1,840,319 | ) |
| Research and Development | |
| (533,028 | ) | |
| (618,270 | ) |
| Impairment Expense | |
| - | | |
| (683,394 | ) |
| Write-off of Offering Costs | |
| - | | |
| (2,656,962 | ) |
| All Other Operating Expenses (Excluding Depreciation, Amortization and Stock Based
Compensation) (a) | |
| (2,745,327 | ) | |
| (3,025,318 | ) |
| Other Segment Items: | |
| | | |
| | |
| Depreciation, Amortization and Stock-Based Compensation | |
| (1,434,138 | ) | |
| (1,758,241 | ) |
| Interest Expense | |
| (2,971,213 | ) | |
| (4,242,595 | ) |
| Other Income (Expense), Net | |
| (2,857,500 | ) | |
| 3,522,084 | |
| | |
| | | |
| | |
| Consolidated Net Loss | |
$ | (10,851,802 | ) | |
$ | (9,873,560 | ) |
| (a) | All
other operating expenses included in consolidated net loss include professional fees, lease
expenses, insurance costs, travel and entertainment expenses, and all other selling, general
and administrative expenses. |
|