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 ($)
Mar. 31, 2017
Sep. 30, 2016
Current Assets    
Cash and cash equivalents $ 22,483,013 $ 28,014,321
Short-term investments 5,813,150 5,527,075
Accounts receivables, net 8,114,221 7,999,210
Inventories 9,970,877 8,373,155
Other current assets 974,990 1,198,917
Total current assets 47,356,251 51,112,678
Property, plant and equipment, net 6,024,930 5,780,814
Other Assets    
Long-term investments 15,015,000 10,703,000
Goodwill 2,570,511 2,570,511
Other 438,720 428,310
Total other assets 18,024,231 13,701,821
Total Assets 71,405,412 70,595,313
Current Liabilities    
Accounts payable 2,361,377 2,573,292
Accrued compensation 2,627,890 4,697,138
Accrued expenses 54,793 75,306
Total current liabilities 5,044,060 7,345,736
Other Liabilities    
Deferred taxes 411,779 411,779
Deferred rent 248,887 243,755
Total other liabilities 660,666 655,534
Total Liabilities 5,704,726 8,001,270
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; 14,144,112 and 14,126,279, shares issued and outstanding at March 31, 2017 and September 30, 2016 141,441 141,263
Additional paid-in capital 58,642,529 57,320,515
Retained earnings 6,916,716 5,132,265
Total Shareholders’ Equity 65,700,686 62,594,043
Total Liabilities and Shareholders’ Equity $ 71,405,412 $ 70,595,313