Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Current Period Unaudited)

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Condensed Balance Sheets (Current Period Unaudited) (USD $)
Jun. 30, 2014
Sep. 30, 2013
Cash and cash equivalents $ 18,240,523 $ 9,807,957
Short-term investments 7,027,000 5,992,000
Accounts receivables 4,771,397 7,837,543
Inventories 5,298,570 5,626,764
Deferred taxes 3,292,140 4,615,110
Other current assets 534,575 317,829
Total Current Assets 39,164,205 34,197,203
Property, plant and equipment, net 2,332,882 1,796,812
Long-term investments 8,643,000 6,770,000
Goodwill 2,570,511 2,570,511
Deferred taxes –long term   810,573
Other 297,197 268,240
Total other assets 11,510,708 10,419,324
Total Assets 53,007,795 46,413,339
Accounts payable 1,956,237 2,627,764
Accrued compensation 2,503,133 3,522,907
Accrued expenses 87,753 163,531
Accrued rebates 2,560,998  
Total Current Liabilities 7,108,121 6,314,202
Deferred taxes 210,342  
Deferred rent   21,101
Total other liabilities 210,342 21,101
Total Liabilities 7,318,463 6,335,303
Commitment and Contingencies      
Preferred stock, $.01 par value; authorized 500 shares; no shares outstanding      
Common stock, authorized 50,000,000, $.01 par value; 13,443,184 and 12,974,263, shares issued and outstanding as of June 30, 2014 and September 30, 2013 134,432 129,743
Additional paid-in capital 56,032,065 54,808,929
Accumulated deficit (10,477,165) (14,860,636)
Total Shareholders’ Equity 45,689,332 40,078,036
Total Liabilities and Shareholders’ Equity $ 53,007,795 $ 46,413,339