v3.20.2
Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2020
Sep. 30, 2019
Current Assets    
Cash and cash equivalents $ 9,278,968 $ 10,081,721
Short-term investments 11,093,527 13,524,270
Accounts receivables, net 9,099,727 9,118,639
Inventories, net 14,881,952 9,012,980
Other current assets 602,700 769,161
Total current assets 44,956,874 42,506,771
Property, plant and equipment, net 5,354,082 5,413,241
Other Assets    
Long-term investments 28,072,000 23,902,000
Goodwill 4,708,511 4,708,511
Intangible assets, net 4,875,117 5,147,135
Right of use lease asset 2,710,073 0
Other 186,571 210,905
Total other assets 40,552,272 33,968,551
Total Assets 90,863,228 81,888,563
Current Liabilities    
Current portion of lease liability 672,384 0
Accounts payable 3,878,915 3,173,599
Accrued compensation 3,279,018 3,224,860
Accrued expenses 987,205 208,603
Total current liabilities 8,817,522 6,607,062
Other Liabilities    
Long-term portion of lease liability 2,299,835 0
Deferred taxes 101,690 101,690
Deferred rent 0 246,424
Total other liabilities 2,401,525 348,114
Total liabilities 11,219,047 6,955,176
Shareholders’ Equity    
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding 0 0
Common stock, authorized 50,000,000, $.01 par value; 13,647,005 and 13,641,805 shares issued and outstanding as of June 30, 2020 and September 30, 2019 136,470 136,418
Additional paid-in capital 57,443,281 56,976,162
Retained earnings 22,064,430 17,820,807
Total shareholders’ equity 79,644,181 74,933,387
Total Liabilities and Shareholders’ Equity $ 90,863,228 $ 81,888,563

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