| Schedule of computation of basic and diluted net income (loss) per share |
The computation of basic and diluted net income (loss) per share is determined using net income (loss) applicable to common shareholders as the numerator and the number of shares outstanding as the denominator as follows (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | April 30, | | April 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | Basic | | Diluted | | Basic | | Diluted | | Basic | | Diluted | | Basic | | Diluted | Net (loss) income | | $ | (2,372) | | $ | (2,372) | | $ | (4,063) | | $ | (4,063) | | $ | (5,840) | | $ | (5,840) | | $ | (8,383) | | $ | (8,383) | Undistributed earnings allocated to participating shares | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Net (loss) income applicable to common shareholders | | $ | (2,372) | | $ | (2,372) | | $ | (4,063) | | $ | (4,063) | | $ | (5,840) | | $ | (5,840) | | $ | (8,383) | | $ | (8,383) | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average shares outstanding | | | 6,473 | | | 6,473 | | | 6,500 | | | 6,500 | | | 6,449 | | | 6,449 | | | 6,479 | | | 6,479 | Stock options and contingently issuable securities | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | 6,473 | | | 6,473 | | | 6,500 | | | 6,500 | | | 6,449 | | | 6,449 | | | 6,479 | | | 6,479 | (Loss) income per share | | $ | (0.37) | | $ | (0.37) | | $ | (0.62) | | $ | (0.62) | | $ | (0.91) | | $ | (0.91) | | $ | (1.29) | | $ | (1.29) |
|