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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2016
Sep. 30, 2015
Current Assets    
Cash and cash equivalents $ 18,767,661 $ 16,282,039
Accounts receivable 4,511,091 2,394,695
Unbilled receivables, net 1,597,672 3,920,209
Inventories 3,645,828 4,597,316
Prepaid expenses and other current assets 847,207 1,221,717
Total current assets 29,369,459 28,415,976
Property and equipment, net 6,962,562 7,095,330
Non-current deferred income taxes   426,315
Other assets 156,948 168,948
Total Assets 36,488,969 36,106,569
Current Liabilities    
Accounts payable 1,503,771 1,435,981
Accrued expenses 1,889,908 2,568,531
Deferred revenue 179,585 756,745
Total current liabilities 3,573,264 4,761,257
Non-current deferred income taxes 67,701  
Other liabilities   2,826
Total liabilities 3,640,965 4,764,083
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, 2016 and 2015
Common stock, $.001 par value: 75,000,000 shares authorized, 18,812,465 and 18,756,089 issued at September 30, 2016 and 2015, respectively 18,813 18,756
Additional paid-in capital 51,392,159 51,148,722
Retained earnings 2,805,569 818,768
Treasury stock, at cost, 2,096,451 shares at September 30, 2016 and 1,846,451 at September 30, 2015 (21,368,537) (20,643,760)
Total shareholders' equity 32,848,004 31,342,486
Total liabilities and shareholders' equity $ 36,488,969 $ 36,106,569