Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets Unaudited

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Condensed Balance Sheets Unaudited (USD $)
Jun. 30, 2013
Sep. 30, 2012
Cash and cash equivalents $ 6,866,755 $ 5,678,143
Short-term investments 8,039,000 9,107,000
Accounts receivables 5,048,271 3,022,636
Inventories 4,966,348 2,971,614
Deferred taxes 2,369,942 1,491,478
Other current assets 361,658 473,726
Total Current Assets 27,651,974 22,744,597
Property, plant and equipment, net 1,581,564 1,107,468
Long-term investments 5,641,000 4,572,000
Goodwill 2,570,511 2,570,511
Deferred taxes –long term 4,269,552 6,498,250
Other 258,909 247,512
Total other assets 12,739,972 13,888,273
Total Assets 41,973,510 37,740,338
Accounts payable 1,907,466 1,492,294
Accrued compensation 2,411,808 1,470,232
Accrued expenses 43,060 54,268
Total Current Liabilities 4,362,334 3,016,794
Deferred rent 21,996 37,643
Total Liabilities 4,384,330 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; 12,898,027 and 12,830,100, shares issued and outstanding at June 30, 2013 and September 30, 2012 128,980 128,301
Additional paid-in capital 54,817,204 54,152,080
Accumulated deficit (17,357,004) (19,594,480)
Total Shareholders’ Equity 37,589,180 34,685,901
Total Liabilities and Shareholders’ Equity $ 41,973,510 $ 37,740,338