$SCDA

B-Scada, Inc.

CIK:0001341878|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Revenue
Technology Licensing and Support	$ 193,498	$ 418,838	$ 504,503	$ 824,251
Commercial Software	186,860	85,212	280,037	175,943
Total Revenues	380,358	504,050	784,540	1,000,194
Operating Expenses
Technology Licensing and Support		32,646		73,526
Commercial Software	165,207	146,056	289,484	277,200
Sales and Marketing	77,202	136,043	164,228	281,352
Research and Development	36,454	24,474	88,693	50,603
General and Administrative	146,944	242,178	331,919	604,548
Depreciation and Amortization	4,262	4,308	9,539	8,650
Total Operating Expenses	430,069	585,705	883,863	1,295,879
Operating Income (Loss)	(49,711)	(81,655)	(99,323)	(295,685)
Other Income (Expenses)
Interest income	294	600	712	1,228
Interest expense	1,222	1,500	2,485	2,964
Total Other Income (Expenses) - Net	(928)	(900)	(1,773)	(1,736)
Income (Loss) Before Income Taxes	(50,639)	(82,555)	(101,096)	(297,421)
Income Tax Benefit	(21,683)	(12,703)	(36,410)	(79,021)
Net Income (Loss)	(28,956)	(69,852)	(64,686)	(218,400)
Other Comprehensive Income (Loss)
Foreign Currency Translation Adjustment	7,080	(14,885)	6,283	(17,883)
Comprehensive Income (Loss)	$ (21,876)	$ (84,737)	$ (58,403)	$ (236,283)
Basic and Diluted Earnings (loss) Per Common Share	$ (0.01)	$ (0.03)	$ (0.02)	$ (0.08)
Weighted-Average Common Shares Outstanding - Basic and Diluted	3,059,341	2,724,341	2,923,924	2,724,341

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Operating Activities
Net Income (Loss)	$ (64,686)	$ (218,400)
Adjustments to Reconcile Net Income to Net Cash Provided by (used in) Operating Activities:
Income Tax Benefit	(36,410)	(79,021)
Depreciation and Amortization	9,539	8,650
Stock-Based Compensation	19,013	46,067
Changes in Assets and Liabilities:
(Increase) Decrease in Accounts Receivable	(120,335)	125,237
(Increase) Decrease in Accrued Revenue	127,762	50,984
(Increase) Decrease in Inventory	219
Increase (Decrease) in Deferred Revenue	(113,125)	160,302
(Increase) Decrease in IVA Tax Receivable	8,139	(28,408)
(Increase) Decrease in Prepaid Expenses and Other Current Assets	(83,016)	157,090
(Increase) Decrease in Deposits	(2)	(55)
Increase (Decrease) in Accounts Payable and Accrued Liabilities	372	4,202
Net Cash Provided by (Used for) Operating Activities	(252,530)	226,648
Investing Activities
Acquisition of Intangible Asset	165,202
Acquisition of Property and Equipment		2,868
Net Cash Provided by (Used for) Investing Activities	(165,202)	(2,868)
Financing Activities
Payment of Mortgage Payable	8,338	7,926
Proceeds from Sale of Common Stock	670,000
Net Cash Provided by (Used for) Financing Activities	661,662	(7,926)
Foreign Currency Translation Effect	5,754	(17,883)
Change in Cash and Cash Equivalents	249,684	197,971
Cash and Cash Equivalents - Beginning of Period	840,777	1,144,915
Cash and Cash Equivalents - End of Period	1,090,461	1,342,886
Supplemental Disclosures of Cash Flow Information
Cash paid during the period for Interest	$ 1,773	$ 2,964
Cash paid during the period for Income Taxes

CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2016	Oct. 31, 2015
Current Assets
Cash and Cash Equivalents	$ 1,090,461	$ 840,777
Accounts Receivable - Net	179,278	58,943
Accrued Revenue	89,288	217,050
Inventory		219
IVA Tax Receivable	21,058	29,197
Prepaid Expenses and Other Current Assets	117,350	34,334
Total Current Assets	1,497,435	1,180,520
Property and Equipment - Net	216,157	225,165
Other Assets
Intangible Assets	479,937	314,735
Deferred Income Tax	1,098,234	1,061,824
Security Deposits	1,557	1,555
Total Other Assets	1,579,728	1,378,114
Total Assets	3,293,320	2,783,799
Current Liabilities
Accounts Payable	113,606	52,914
Accrued liabilities	95,360	155,678
Deferred Revenue	81,839	194,964
Mortgage payable, current	17,314	16,887
Total Current Liabilities	308,119	420,443
Long Term Liabilities
Mortgage payable	76,775	85,540
Total Long Term Liabilities	76,775	85,540
Total Liabilities	$ 384,894	$ 505,983
Commitments and Contingencies
Stockholders' Equity
Preferred Stock Value
Common Stock Value	$ 3,059	$ 2,724
Additional Paid in Capital	8,661,534	7,972,856
Accumulated Other Comprehensive loss	(20,339)	(26,622)
Accumulated Deficit	(5,735,828)	(5,671,142)
Total Stockholders' Equity	2,908,426	2,277,816
Total Liabilities and Stockholders' Equity	$ 3,293,320	$ 2,783,799