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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Sep. 30, 2015
Current Assets    
Cash and cash equivalents $ 17,207,882 $ 16,282,039
Accounts receivable 6,584,316 2,394,695
Unbilled receivables, net 1,725,273 3,920,209
Inventories 4,071,347 4,597,316
Deferred income taxes 479,320 933,499
Prepaid expenses and other current assets 1,429,040 1,221,717
Total current assets 31,497,178 29,349,475
Property and equipment, net 6,943,414 7,095,330
Other assets 164,148 168,948
Total Assets 38,604,740 36,613,753
Current Liabilities    
Accounts payable 2,262,903 1,435,981
Accrued expenses 2,582,274 2,568,531
Deferred revenue 342,001 756,745
Total current liabilities 5,187,178 4,761,257
Non-current deferred income taxes 457,943 507,184
Other liabilities 2,865 2,826
Total liabilities $ 5,647,986 $ 5,271,267
Commitments and contingencies (See Note 6)
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 March 31, 2016 and September 30, 2015
Common stock, $.001 par value: 75,000,000 shares authorized, 18,812,465 and 18,756,089 issued at March 31, 2016 and September 30, 2015, respectively $ 18,813 $ 18,756
Additional paid-in capital 51,400,058 51,148,722
Retained earnings 2,181,643 818,768
Treasury stock, at cost, 1,846,451 shares at March 31, 2016 and September 30, 2015 (20,643,760) (20,643,760)
Total shareholders' equity 32,956,754 31,342,486
Total liabilities and shareholders' equity $ 38,604,740 $ 36,613,753