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 ($)
Dec. 31, 2015
Sep. 30, 2015
Current Assets    
Cash and cash equivalents $ 20,699,033 $ 18,071,210
Short-term investments 8,746,000 7,925,000
Accounts receivables, net 5,019,660 6,010,900
Inventories $ 6,943,519 7,182,854
Deferred taxes 1,146,899
Other current assets $ 556,127 416,766
Total current assets 41,964,339 40,753,629
Property, plant and equipment, net 5,551,700 5,689,673
Other Assets    
Long-term investments 6,767,000 8,290,000
Goodwill 2,570,511 2,570,511
Other 345,481 323,804
Total other assets 9,682,992 11,184,315
Total Assets 57,199,031 57,627,617
Current Liabilities    
Accounts payable 2,183,253 2,357,791
Accrued compensation 1,394,342 2,598,661
Accrued expenses 103,387 80,803
Total current liabilities 3,680,982 5,037,255
Other Liabilities    
Deferred taxes 152,988 1,082,887
Deferred rent 233,474 228,345
Total other liabilities 386,462 1,311,232
Total Liabilities $ 4,067,444 $ 6,348,487
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, $.01 par value; authorized 500 shares; no shares outstanding $ 0 $ 0
Common stock, authorized 50,000,000, $.01 par value; 13,706,205 and 13,705,658, shares issued and outstanding at December 31, 2015 and September 30, 2015 137,062 137,057
Additional paid-in capital 56,356,982 55,887,850
Accumulated deficit (3,362,457) (4,745,777)
Total Shareholders’ Equity 53,131,587 51,279,130
Total Liabilities and Shareholders’ Equity $ 57,199,031 $ 57,627,617