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, 2019
Sep. 30, 2018
Current Assets    
Cash and cash equivalents $ 7,905,627 $ 8,547,777
Short-term investments 17,048,473 8,930,225
Accounts receivables, net 8,987,992 12,821,258
Inventories, net 8,273,522 10,050,135
Other current assets 1,253,635 742,136
Total current assets 43,469,249 41,091,531
Property, plant and equipment, net 4,412,001 4,744,584
Other Assets    
Long-term investments 18,574,000 17,974,000
Goodwill 4,708,511 4,708,511
Intangible assets, net 5,302,721 5,482,555
Other 202,516 227,461
Total other assets 28,787,748 28,392,527
Total Assets 76,668,998 74,228,642
Current Liabilities    
Accounts payable 2,352,411 2,363,380
Accrued compensation 2,419,704 2,048,904
Accrued expenses 39,195 568,507
Total current liabilities 4,811,310 4,980,791
Other Liabilities    
Deferred taxes 104,935 104,935
Deferred rent 258,497 268,040
Total other liabilities 363,432 372,975
Total Liabilities 5,174,742 5,353,766
Shareholders’ Equity    
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding
Common stock, authorized 50,000,000, $.01 par value; 13,668,408 and 13,646,553, shares issued and outstanding at March 31, 2019 and September 30, 2018 136,684 136,466
Additional paid-in capital 56,725,019 55,483,759
Retained earnings 14,632,553 13,254,651
Total Shareholders’ Equity 71,494,256 68,874,876
Total Liabilities and Shareholders’ Equity $ 76,668,998 $ 74,228,642