XML 37 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,792,813 $ 1,424,715
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 273,595 245,413
Share-based compensation expense:    
Stock options 339,565 343,459
Nonvested stock awards 100,042 100,031
Tax adjustment from share-based compensation (159,259) (12,403)
Excess and obsolete inventory cost 25,553  
(Increase) decrease in:    
Accounts receivable (2,383,789) (1,928,816)
Unbilled receivables (1,720,900) (2,406,070)
Inventories (1,053,414) (110,584)
Prepaid expenses and other current assets (22,247) 32,541
Other non-current assets (10,447)  
Increase (decrease) in:    
Accounts payable 1,296,522 579,399
Accrued expenses 589,503 (103,458)
Income taxes payable (293,796) 208,602
Deferred income tax 578,839 (106,928)
Deferred revenue (159,807) (521,383)
Net cash used in operating activities (807,227) (2,255,482)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (525,767) (152,988)
Net cash used in investing activities (525,767) (152,988)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury stock   (696)
Dividend paid   (25,007,519)
Proceeds from exercise of stock options 231,128 763,509
Net cash provided by (used in) financing activities 231,128 (24,244,706)
Net decrease in cash and cash equivalents (1,101,866) (26,653,176)
Cash and cash equivalents, beginning of year 16,386,207 42,977,501
Cash and cash equivalents, end of period 15,284,341 16,324,325
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income tax $ 610,000 $ 130,000