Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2023
Oct. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,643 $ 7,482
Trade receivables, net of allowance for doubtful accounts of $871 and $941, respectively 62,834 62,882
Inventory, net 6,349 5,532
Income taxes receivable 0 485
Prepaid expenses and other current assets 10,176 5,175
Total current assets 86,002 81,556
Property, plant and equipment, net 429,154 419,377
Intangible assets, net 129,835 137,754
Goodwill 222,434 220,245
Right-of-use operating lease assets 25,444 24,833
Other non-current assets 1,973 2,026
Deferred financing costs 1,437 1,698
Total assets 896,279 887,489
Current liabilities:    
Revolving loan 60,947 52,133
Operating lease obligations, current portion 4,651 4,001
Finance lease obligations, current portion 113 109
Accounts payable 7,721 8,362
Accrued payroll and payroll expenses 11,959 13,341
Accrued expenses and other current liabilities 23,323 32,156
Income taxes payable 746 178
Warrant liability, current portion 1,302 0
Total current liabilities 110,762 110,280
Long term debt, net of discount for deferred financing costs 371,172 370,476
Operating lease obligations, non-current 21,069 20,984
Finance lease obligations, non-current 112 169
Deferred income taxes 76,125 74,223
Warrant liability, non-current 0 7,030
Total liabilities 579,240 583,162
Zero-dividend convertible perpetual preferred stock, $0.0001 par value, 2,450,980 shares issued and outstanding as of April 30, 2023 and October 31, 2022 25,000 25,000
Stockholders' equity    
Common stock, $0.0001 par value, 500,000,000 shares authorized, 55,015,572 and 56,226,191 issued and outstanding as of April 30, 2023 and October 31, 2022, respectively 6 6
Additional paid-in capital 381,599 379,395
Treasury stock (12,894) (4,609)
Accumulated other comprehensive loss (2,498) (9,228)
Accumulated deficit (74,174) (86,237)
Total stockholders' equity 292,039 279,327
Total liabilities and stockholders' equity $ 896,279 $ 887,489