v3.20.4
Condensed Statements of Earnings (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 27,092,147 $ 19,377,991
Cost of sales 15,722,902 11,650,456
Gross profit 11,369,245 7,727,535
Operating expenses    
Selling, general and administrative 7,655,537 7,326,620
Income from operations 3,713,708 400,915
Interest income 133,731 223,243
Income before income taxes 3,847,439 624,158
Income tax expense 684,000 123,000
Net income $ 3,163,439 $ 501,158
Net income per share Basic (in dollars per share) $ 0.23 $ 0.04
Net income per share Diluted (in dollars per share) $ 0.23 $ 0.04
Weighted average shares outstanding:    
Basic (in shares) 13,692,533 13,512,094
Diluted (in shares) 13,696,815 13,622,226

Source