XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2014
Sep. 30, 2013
Current assets    
Cash and cash equivalents $ 15,214,584us-gaap_CashAndCashEquivalentsAtCarryingValue $ 16,386,207us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable 4,419,863us-gaap_AccountsReceivableNetCurrent 4,489,434us-gaap_AccountsReceivableNetCurrent
Unbilled receivables, net 7,425,728us-gaap_UnbilledReceivablesCurrent 6,539,442us-gaap_UnbilledReceivablesCurrent
Inventories 5,470,786us-gaap_InventoryNet 4,377,513us-gaap_InventoryNet
Deferred income taxes 3,245,223us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 2,002,679us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Prepaid expenses and other current assets 750,108us-gaap_PrepaidExpenseAndOtherAssetsCurrent 642,210us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 36,526,292us-gaap_AssetsCurrent 34,437,485us-gaap_AssetsCurrent
Property and equipment, net 7,467,663us-gaap_PropertyPlantAndEquipmentNet 7,320,495us-gaap_PropertyPlantAndEquipmentNet
Non-current deferred income taxes 57,707us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent 650,998us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent
Other assets 110,848us-gaap_OtherAssetsNoncurrent 221,533us-gaap_OtherAssetsNoncurrent
Total assets 44,162,510us-gaap_Assets 42,630,511us-gaap_Assets
Current liabilities    
Accounts payable 2,402,652us-gaap_AccountsPayableCurrent 2,372,137us-gaap_AccountsPayableCurrent
Accrued expenses 4,077,290us-gaap_AccruedLiabilitiesCurrent 3,672,909us-gaap_AccruedLiabilitiesCurrent
Deferred revenue 526,320us-gaap_DeferredRevenueCurrent 447,525us-gaap_DeferredRevenueCurrent
Total current liabilities 7,006,262us-gaap_LiabilitiesCurrent 6,492,571us-gaap_LiabilitiesCurrent
Non-current deferred income taxes 132,999us-gaap_DeferredTaxLiabilitiesNoncurrent 132,202us-gaap_DeferredTaxLiabilitiesNoncurrent
Other liabilities 11,725us-gaap_OtherLiabilitiesNoncurrent 11,491us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 7,150,986us-gaap_Liabilities 6,636,264us-gaap_Liabilities
Commitments and contingencies (See Note 14)      
Shareholders' equity    
Preferred stock, 10,000,000 shares authorized, $.001 par value, of which 200,000 shares are authorized as Class A Convertible stock. No shares issued and outstanding at September 30, 2014 and 2013      
Common stock, $.001 par value: 75,000,000 shares authorized, 18,714,449 and 18,632,328 issued at September 30, 2014 and 2013, respectively 18,715us-gaap_CommonStockValue 18,632us-gaap_CommonStockValue
Additional paid-in capital 50,697,497us-gaap_AdditionalPaidInCapitalCommonStock 49,880,571us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 6,684,902us-gaap_RetainedEarningsAccumulatedDeficit 6,484,634us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost, 1,756,807 shares at September 30, 2014 and 2013 (20,389,590)us-gaap_TreasuryStockValue (20,389,590)us-gaap_TreasuryStockValue
Total shareholders' equity 37,011,524us-gaap_StockholdersEquity 35,994,247us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 44,162,510us-gaap_LiabilitiesAndStockholdersEquity $ 42,630,511us-gaap_LiabilitiesAndStockholdersEquity