| SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL |
The
following table sets forth the carrying amounts of intangible assets and goodwill including accumulated amortization as of January 31,
2026:
SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL
| | |
Remaining Useful Life | |
Cost | | |
Impairment | | |
Accumulated Amortization | | |
Net Carrying Value | |
| Trademarks and tradenames | |
10.5 years | |
$ | 693,330 | | |
$ | (418,512 | ) | |
$ | (133,022 | ) | |
$ | 141,796 | |
| Patents, know-how and unpatented technology | |
10.5 years | |
| 710,060 | | |
| (388,259 | ) | |
| (143,608 | ) | |
| 178,193 | |
| Customer relationships | |
0 years | |
| 114,536 | | |
| (17,108 | ) | |
| (97,428 | ) | |
| - | |
| Total | |
| |
$ | 1,517,926 | | |
$ | (823,879 | ) | |
$ | (374,058 | ) | |
| 319,989 | |
| | |
Remaining Useful Life | |
Cost | | |
Impairment | | |
Net Carrying Value | |
| Goodwill | |
Indefinite | |
$ | 4,523,040 | | |
$ | (1,351,459 | ) | |
$ | 3,171,581 | |
The
following table sets forth the carrying amounts of intangible assets and goodwill including accumulated amortization as of October 31,
2025:
| | |
Remaining Useful Life | |
Cost | | |
Impairment | | |
Accumulated Amortization | | |
Net Carrying Value | |
| Trademarks and tradenames | |
10.75 years | |
$ | 693,330 | | |
$ | (418,512 | ) | |
$ | (129,646 | ) | |
$ | 145,172 | |
| Patents, know-how and unpatented technology | |
10.75 years | |
| 710,060 | | |
| (388,259 | ) | |
| (139,365 | ) | |
| 182,436 | |
| Customer relationships | |
0 years | |
| 114,536 | | |
| (17,108 | ) | |
| (97,428 | ) | |
| - | |
| Total | |
| |
$ | 1,517,926 | | |
$ | (823,879 | ) | |
$ | (366,439 | ) | |
| 327,608 | |
| | |
Remaining Useful Life | |
Cost | | |
Impairment | | |
Net Carrying Value | |
| Goodwill | |
Indefinite | |
$ | 4,523,040 | | |
$ | (1,351,459 | ) | |
$ | 3,171,581 | |
|
| SCHEDULE OF FUTURE AMORTIZATION EXPENSE |
The
table below presents anticipated future amortization expense related to the Company’s intangible assets for each of the succeeding
five fiscal years ending October 31:
SCHEDULE OF FUTURE AMORTIZATION EXPENSE
| | |
| | |
| 2026 (nine months remaining) | |
$ | 22,856 | |
| 2027 | |
| 30,475 | |
| 2028 | |
| 30,475 | |
| 2029 | |
| 30,475 | |
| 2030 | |
| 30,475 | |
| Thereafter | |
| 175,233 | |
| Total | |
$ | 319,989 | |
|