Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Current Period Unaudited)

v2.4.1.9
Condensed Balance Sheets (Current Period Unaudited) (USD $)
Dec. 31, 2014
Sep. 30, 2014
Current Assets    
Cash and cash equivalents $ 17,174,024us-gaap_CashAndCashEquivalentsAtCarryingValue $ 18,191,493us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments 6,894,000us-gaap_ShortTermInvestments 6,632,000us-gaap_ShortTermInvestments
Accounts receivables, net 4,654,977us-gaap_AccountsReceivableNetCurrent 5,027,856us-gaap_AccountsReceivableNetCurrent
Inventories, net 5,359,155us-gaap_InventoryNet 5,390,342us-gaap_InventoryNet
Deferred taxes 1,986,037us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent 2,249,435us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent
Other current assets 771,970us-gaap_OtherAssetsCurrent 543,257us-gaap_OtherAssetsCurrent
Total Current Assets 36,840,163us-gaap_AssetsCurrent 38,034,383us-gaap_AssetsCurrent
Property, plant and equipment, net 3,997,151us-gaap_PropertyPlantAndEquipmentNet 2,462,250us-gaap_PropertyPlantAndEquipmentNet
Other Assets    
Long-term investments 8,303,000us-gaap_LongTermInvestments 8,302,000us-gaap_LongTermInvestments
Goodwill 2,570,511us-gaap_Goodwill 2,570,511us-gaap_Goodwill
Deferred taxes   156,622us-gaap_DeferredTaxAssetsNetNoncurrent
Other 316,293us-gaap_OtherAssetsNoncurrent 322,132us-gaap_OtherAssetsNoncurrent
Total other assets 11,189,804us-gaap_AssetsNoncurrent 11,351,265us-gaap_AssetsNoncurrent
Total Assets 52,027,118us-gaap_Assets 51,847,898us-gaap_Assets
Liabilities and Shareholders’ Equity    
Accounts payable 2,468,594us-gaap_AccountsPayableCurrent 2,104,526us-gaap_AccountsPayableCurrent
Accrued compensation 1,152,388us-gaap_AccruedSalariesCurrent 2,749,080us-gaap_AccruedSalariesCurrent
Accrued expenses 260,801us-gaap_AccruedLiabilitiesCurrent 247,658us-gaap_AccruedLiabilitiesCurrent
Total Current Liabilities 3,881,783us-gaap_LiabilitiesCurrent 5,101,264us-gaap_LiabilitiesCurrent
Other Liabilities    
Deferred taxes 108,980us-gaap_DeferredTaxLiabilitiesNoncurrent  
Total other liabilities 108,980us-gaap_LiabilitiesNoncurrent  
Total Liabilities 3,990,763us-gaap_Liabilities 5,101,264us-gaap_Liabilities
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, $.01 par value; authorized 500 shares; no shares outstanding      
Common stock, authorized 50,000,000, $.01 par value; 13,742,873 and 13,742,964, shares issued and outstanding at December 31, 2014 and September 30, 2014 137,429us-gaap_CommonStockValue 137,430us-gaap_CommonStockValue
Additional paid-in capital 56,257,338us-gaap_AdditionalPaidInCapital 56,036,989us-gaap_AdditionalPaidInCapital
Accumulated deficit (8,358,412)us-gaap_RetainedEarningsAccumulatedDeficit (9,427,785)us-gaap_RetainedEarningsAccumulatedDeficit
Total Shareholders’ Equity 48,036,355us-gaap_StockholdersEquity 46,746,634us-gaap_StockholdersEquity
Total Liabilities and Shareholders’ Equity $ 52,027,118us-gaap_LiabilitiesAndStockholdersEquity $ 51,847,898us-gaap_LiabilitiesAndStockholdersEquity