Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Shareholders' Equity (Unaudited)

v3.19.2
Condensed Statements of Shareholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Sep. 30, 2017 13,812,821      
Balance at Sep. 30, 2017 $ 138,128 $ 55,406,888 $ 8,980,104 $ 64,525,120
Stock-based compensation expense   1,488,304   1,488,304
Restricted stock issuance, net (in shares) (5,049)      
Restricted stock issuance, net $ (50) 50    
Issuance of common stock under employee stock purchase plan (in shares) 30,174      
Issuance of common stock under employee stock purchase plan $ 301 297,559 297,860
Exercise of stock options, net of shares exchanged for payment (in shares) 6,925      
Exercise of stock options, net of shares exchanged for payment $ 69 21,105 21,174
Tax withholding related to vesting of restricted stock grants (in shares) (31,213)      
Tax withholding related to vesting of restricted stock grants $ (312) (348,215) (348,527)
Net income     2,393,014 2,393,014
Repurchase of common stock (in shares) (119,715)      
Repurchase of common stock $ (1,197) (1,370,217)   (1,371,414)
Balance (in shares) at Jun. 30, 2018 13,693,943      
Balance at Jun. 30, 2018 $ 136,939 55,495,474 11,373,118 67,005,531
Balance (in shares) at Mar. 31, 2018 13,811,076      
Balance at Mar. 31, 2018 $ 138,111 56,296,908 9,617,886 66,052,905
Stock-based compensation expense   519,223   519,223
Restricted stock issuance, net (in shares) (3,640)      
Restricted stock issuance, net $ (36) 36    
Issuance of common stock under employee stock purchase plan (in shares) 15,932      
Issuance of common stock under employee stock purchase plan $ 158 149,442 149,600
Exercise of stock options, net of shares exchanged for payment (in shares) 1,250      
Exercise of stock options, net of shares exchanged for payment $ 12 3,214 3,226
Tax withholding related to vesting of restricted stock grants (in shares) (30,542)      
Tax withholding related to vesting of restricted stock grants $ (305) (338,960) (339,265)
Net income     1,755,232 1,755,232
Repurchase of common stock (in shares) (100,133)      
Repurchase of common stock $ (1,001) (1,134,389)   (1,135,390)
Balance (in shares) at Jun. 30, 2018 13,693,943      
Balance at Jun. 30, 2018 $ 136,939 55,495,474 11,373,118 67,005,531
Balance (in shares) at Sep. 30, 2018 13,646,553      
Balance at Sep. 30, 2018 $ 136,466 55,483,759 13,254,651 68,874,876
Stock-based compensation expense   1,535,628   1,535,628
Restricted stock issuance, net (in shares) (6,890)      
Restricted stock issuance, net $ (69) 69    
Issuance of common stock under employee stock purchase plan (in shares) 37,235      
Issuance of common stock under employee stock purchase plan $ 372 313,519 313,891
Exercise of stock options, net of shares exchanged for payment (in shares) 5,440      
Exercise of stock options, net of shares exchanged for payment $ 54 (30) 24
Tax withholding related to vesting of restricted stock grants (in shares) (30,469)      
Tax withholding related to vesting of restricted stock grants $ (304) (431,475) (431,779)
Net income     2,678,429 2,678,429
Balance (in shares) at Jun. 30, 2019 13,651,869      
Balance at Jun. 30, 2019 $ 136,519 56,901,470 15,933,080 72,971,069
Balance (in shares) at Mar. 31, 2019 13,668,408      
Balance at Mar. 31, 2019 $ 136,684 56,725,019 14,632,553 71,494,256
Stock-based compensation expense   433,438   433,438
Restricted stock issuance, net (in shares) (6,538)      
Restricted stock issuance, net $ (65) 65    
Issuance of common stock under employee stock purchase plan (in shares) 19,923      
Issuance of common stock under employee stock purchase plan $ 199 167,752 167,951
Exercise of stock options, net of shares exchanged for payment (in shares)      
Exercise of stock options, net of shares exchanged for payment
Tax withholding related to vesting of restricted stock grants (in shares) (29,924)      
Tax withholding related to vesting of restricted stock grants $ (299) (424,804) (425,103)
Net income     1,300,527 1,300,527
Balance (in shares) at Jun. 30, 2019 13,651,869      
Balance at Jun. 30, 2019 $ 136,519 $ 56,901,470 $ 15,933,080 $ 72,971,069