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, 2016
Sep. 30, 2015
Current Assets    
Cash and cash equivalents $ 24,587,571 $ 18,071,210
Short-term investments 7,392,075 7,925,000
Accounts receivables, net 8,727,163 6,010,900
Inventories 8,106,384 7,182,854
Deferred taxes 1,146,899
Other current assets 752,443 416,766
Total Current Assets 49,565,636 40,753,629
Property, plant and equipment, net 5,560,484 5,689,673
Other Assets    
Long-term investments 8,570,000 8,290,000
Goodwill 2,570,511 2,570,511
Other 370,259 323,804
Total other assets 11,510,770 11,184,315
Total Assets 66,636,890 57,627,617
Current Liabilities    
Accounts payable 3,171,964 2,357,791
Accrued compensation 3,328,643 2,598,661
Accrued expenses 51,171 80,803
Total Current Liabilities 6,551,778 5,037,255
Other Liabilities    
Deferred taxes 514,078 1,082,887
Deferred rent 240,814 228,345
Total other liabilities 754,892 1,311,232
Total Liabilities 7,306,670 6,348,487
Commitment 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; 14,089,769 and 13,705,658, shares issued and outstanding at June 30, 2016 and September 30, 2015 140,898 137,057
Additional paid-in capital 58,830,692 55,887,850
Retained earnings (accumulated deficit) 358,630 (4,745,777)
Total Shareholders’ Equity 59,330,220 51,279,130
Total Liabilities and Shareholders’ Equity $ 66,636,890 $ 57,627,617