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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2021
Sep. 30, 2020
Current assets:    
Cash $ 1,529,165 $ 2,924,627
Accounts receivable, net 6,331,832 7,602,316
Inventories 2,149,454 1,275,694
Prepaid expenses and other current assets 385,245 419,472
Total current assets 10,395,696 12,222,109
Property and equipment, net 187,744 215,323
Intangible assets, net 1,425,036 1,531,415
Goodwill 1,758,682 1,758,682
Operating lease right of use assets, net 3,359,946 3,512,042
Other assets 72,251 116,697
Total assets 17,199,355 19,356,268
Current liabilities:    
Line of credit 0 1,000,000
Current portion of note payable to Forward China 0 1,600,000
Accounts payable 324,673 197,022
Due to Forward China 3,890,219 3,622,401
Deferred Income 137,446 485,078
Current portion of notes payable 72,341 983,395
Current portion of finance lease liability 9,449 18,411
Current portion of deferred consideration 0 45,000
Current portion of operating lease liability 261,536 259,658
Accrued expenses and other current liabilities 454,876 615,401
Total current liabilities 5,150,540 8,826,366
Other liabilities:    
Note payable to Forward China, less current portion 1,600,000 0
Notes payable, less current portion 0 529,973
Operating lease liability, less current portion 3,232,169 3,359,088
Finance lease liability, less current portion 2,324 12,769
Deferred consideration - long-term portion 60,000 45,000
Total other liabilities 4,894,493 3,946,830
Total liabilities 10,045,033 12,773,196
Shareholders' equity:    
Common stock, par value $0.01 per share; 40,000,000 shares authorized; 9,952,766 and 9,883,851 shares issued and outstanding at March 31, 2021 and September 30, 2020, respectively 99,528 98,838
Additional paid-in capital 19,785,936 19,579,684
Accumulated deficit (12,731,142) (13,095,450)
Total shareholders' equity 7,154,322 6,583,072
Total liabilities and shareholders' equity $ 17,199,355 $ 19,356,268