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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]        
REVENUE $ 1,092,228 $ 1,497,019 $ 2,325,085 $ 2,645,819
COST OF SALES 865,571 1,192,474 1,850,594 2,150,916
GROSS PROFIT 226,657 304,545 474,491 494,903
RESEARCH AND DEVELOPMENT EXPENSES 153,300 6,875 241,020 47,483
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 578,097 560,980 992,462 1,818,126
IMPAIRMENT OF GOODWILL 0 0 0 983,645
OPERATING LOSS (504,740) (263,310) (758,991) (2,354,351)
OTHER INCOME (EXPENSE):        
Interest expense (793,837) (16,058) (1,087,039) (68,330)
Other (expense) income (577) 39,533 18,611 43,140
(Loss) on change - derivative liability 0 (805,123) 0 (1,222,555)
Total other (expense) (794,414) (781,648) (1,068,428) (1,247,745)
(LOSS) BEFORE INCOME TAXES (1,299,154) (1,044,958) (1,827,419) (3,602,096)
Income taxes - current provision 0 0 0 0
NET (LOSS) $ (1,299,154) $ (1,044,958) $ (1,827,419) $ (3,602,096)
Basic and diluted loss per common share attributable to Visualant, Inc. and subsidiaries common shareholders- Basic and diluted loss per share $ (0.25) $ (0.28) $ (0.37) $ (1.04)
Weighted average shares of common stock outstanding- basic and diluted 5,128,144 3,713,078 4,889,218 3,479,895