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, 2016
Sep. 30, 2015
Current Assets    
Cash and cash equivalents $ 20,550,592 $ 18,071,210
Short-term investments 8,394,075 7,925,000
Accounts receivables, net 7,854,107 6,010,900
Inventories $ 8,102,529 7,182,854
Deferred taxes 1,146,899
Other current assets $ 582,186 416,766
Total current assets 45,483,489 40,753,629
Property, plant and equipment, net 5,377,459 5,689,673
Other Assets    
Long-term investments 7,783,000 8,290,000
Goodwill 2,570,511 2,570,511
Other 350,793 323,804
Total other assets 10,704,304 11,184,315
Total Assets 61,565,252 57,627,617
Current Liabilities    
Accounts payable 3,155,222 2,357,791
Accrued compensation 2,533,939 2,598,661
Accrued expenses 53,153 80,803
Total current liabilities 5,742,314 5,037,255
Other Liabilities    
Deferred taxes 436,988 1,082,887
Deferred rent 237,874 228,345
Total other liabilities 674,862 1,311,232
Total Liabilities $ 6,417,176 $ 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; 13,730,571 and 13,705,658, shares issued and outstanding at March 31, 2016 and September 30, 2015 137,306 137,057
Additional paid-in capital 56,934,561 55,887,850
Accumulated deficit (1,923,791) (4,745,777)
Total Shareholders’ Equity 55,148,076 51,279,130
Total Liabilities and Shareholders’ Equity $ 61,565,252 $ 57,627,617