XML 40 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900

Summary of Significant Accounting Policies: (Tables)

12 Months Ended

Sep. 30, 2015

Summary of Significant Accounting Policies:

Schedule of inventories

		September 30,			September 30,
		2015			2014
Raw materials		$	3,346,778		$	4,389,334
Work-in-process		745,311			905,529
Finished goods		505,227			175,923
		$	4,597,316		$	5,470,786

Customer service revenue and cost of sales

		For the Fiscal Year Ended September 30,
		2015			2014
Customer Service Sales		$	2,612,626		$	2,432,675
Customer Service Cost of Sales		1,096,332			1,152,549
Gross Profit		$	1,516,294		$	1,280,126

Schedule of financial assets and liabilities accounted for at fair value on a recurring basis

		Fair Value Measurement on September 30, 2015
		Quoted Price in			Significant Other			Significant
		Active Markets for			Observable			Unobservable
		Identical Assets			Inputs			Inputs
		(Level 1)			(Level 2)			(Level 3)
Assets
Cash and cash equivalents:
Money market funds		$	14,410,806		$	—		$	—

		Fair Value Measurement on September 30, 2014
		Quoted Price in			Significant Other			Significant
		Active Markets for			Observable			Unobservable
		Identical Assets			Inputs			Inputs
		(Level 1)			(Level 2)			(Level 3)
Assets
Cash and cash equivalents:
Money market funds		$	13,397,547		$	—		$	—

X

- Definition

Tabular disclosure of company's customer service revenue and cost of sales.

+ References

No definition available.

+ Details

Name:	issc_CustomerServiceRevenueAndCostOfSalesTableTextBlock
Namespace Prefix:	issc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 2
-Paragraph 6
-Subparagraph a,b,c
-Article 5

+ Details

Name:	us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration