Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 31, 2023
Oct. 31, 2022
Current assets:    
Cash and cash equivalents $ 15,861 $ 7,482
Trade receivables, net of allowance for doubtful accounts of $978 and $941, respectively 62,976 62,882
Inventory, net 6,732 5,532
Income taxes receivable 0 485
Prepaid expenses and other current assets 8,701 5,175
Total current assets 94,270 81,556
Property, plant and equipment, net 427,648 419,377
Intangible assets, net 120,244 137,754
Goodwill 221,517 220,245
Right-of-use operating lease assets 24,815 24,833
Other non-current assets 14,250 2,026
Deferred financing costs 1,781 1,698
Total assets 904,525 887,489
Current liabilities:    
Revolving loan 18,954 52,133
Operating lease obligations, current portion 4,739 4,001
Finance lease obligations, current portion 125 109
Accounts payable 8,906 8,362
Accrued payroll and payroll expenses 14,524 13,341
Accrued expenses and other current liabilities 34,750 32,156
Income taxes payable 1,848 178
Warrant liability, current portion 130 0
Total current liabilities 83,976 110,280
Long term debt, net of discount for deferred financing costs 371,868 370,476
Operating lease obligations, non-current 20,458 20,984
Finance lease obligations, non-current 50 169
Deferred income taxes 80,791 74,223
Other liabilities, non-current 14,142 0
Warrant liability, non-current 0 7,030
Total liabilities 571,285 583,162
Commitments and contingencies (Note 14)
Zero-dividend convertible perpetual preferred stock, $0.0001 par value, 2,450,980 shares issued and outstanding as of October 31, 2023 and 2022 25,000 25,000
Stockholders' equity    
Common stock, $0.0001 par value, 500,000,000 shares authorized, 54,757,445 and 56,226,191 issued and outstanding as of October 31, 2023 and 2022, respectively 6 6
Additional paid-in capital 383,286 379,395
Treasury stock (15,114) (4,609)
Accumulated other comprehensive loss (5,491) (9,228)
Accumulated deficit (54,447) (86,237)
Total stockholders' equity 308,240 279,327
Total liabilities and stockholders' equity $ 904,525 $ 887,489