Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets Unaudited

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Condensed Balance Sheets Unaudited (USD $)
Dec. 31, 2012
Sep. 30, 2012
Cash and cash equivalents $ 6,136,169 $ 5,678,143
Short-term investments 10,003,000 9,107,000
Accounts receivables 3,203,850 3,022,636
Inventories 3,625,909 2,971,614
Deferred taxes 1,491,478 1,491,478
Other current assets 349,702 473,726
Total Current Assets 24,810,108 22,744,597
Property, plant and equipment, net 1,293,037 1,107,468
Long-term investments 3,186,000 4,572,000
Goodwill 2,570,511 2,570,511
Deferred taxes –long term 6,165,490 6,498,250
Other 255,560 247,512
Total other assets 12,177,561 13,888,273
Total Assets 38,280,706 37,740,338
Accounts payable 1,520,522 1,492,294
Accrued compensation 1,145,189 1,470,232
Accrued expenses 131,437 54,268
Total Current Liabilities 2,797,148 3,016,794
Deferred rent   37,643
Total Liabilities 2,797,148 3,054,437
Commitment and Contingencies      
Preferred stock, $.01 par value; authorized 500 shares; no shares outstanding      
Common stock, authorized 50,000,000, $.01 par value; 12,854,920 and 12,830,100, shares issued and outstanding at December 31, 2012 and September 30, 2012 128,549 128,301
Additional paid-in capital 54,404,278 54,152,080
Accumulated deficit (19,049,269) (19,594,480)
Total Shareholders’ Equity 35,483,558 34,685,901
Total Liabilities and Shareholders’ Equity $ 38,280,706 $ 37,740,338