Annual report pursuant to Section 13 and 15(d)

Note F - Acquisition (Tables)

v3.19.3
Note F - Acquisition (Tables)
 12 Months Ended
Sep. 30, 2019
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
    February 20, 2018
Inventories   $
2,781,000
  
Property, plant and equipment    
58,000
  
Trademarks    
563,000
  
Customer relationships    
3,742,000
  
Product certification    
1,068,000
  
Goodwill    
2,138,000
  
Total Assets   $
10,350,000
  
Business Acquisition, Pro Forma Information [Table Text Block]
    Pro Forma   Pro Forma
    Year Ended   Year Ended
    September 30,
2018		   September 30,
2017
    (unaudited)   (unaudited)
Net sales   $
80,958,789
     $
89,672,074
  
                 
Income from operations   $
5,554,766
     $
8,174,841
  
                 
Net income   $
4,794,757
     $
5,809,018
  
                 
Net income per share:                
Basic   $
0.36
     $
0.43
  
Diluted   $
0.36
     $
0.43