XML 15 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income(loss) $ 1,589,672 $ (3,302,322)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 355,930 430,525
Share-based compensation expense:    
Stock options 68,172 259,582
Stock awards 183,222 149,952
Tax adjustment from share-based compensation   (54,055)
Recovery of loss on unbilled receivables   (62,159)
(Gain) loss on disposal of property and equipment (563) (56,824)
Excess and obsolete inventory cost   246,663
Deferred income taxes 261,835 2,837,888
(Increase) decrease in:    
Accounts receivable (3,444,668) 516,769
Unbilled receivables, net 2,308,852 2,622,729
Inventories 589,202 1,085,418
Prepaid expenses and other current assets 85,449 97,287
Other non-current assets   (75,300)
Increase (decrease) in:    
Accounts payable 413,293 (2,043,154)
Accrued expenses (272,634) (1,593,150)
Income taxes payable/receivable 104 (359,491)
Deferred revenue (457,694) 213,218
Net cash provided by operating activities 1,680,172 913,576
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (263,238) (171,474)
Proceeds from the sale of property and equipment 1,108 57,000
Net cash (used in) investing activities (262,130) (114,474)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of Company's stock (169,871) (254,170)
Net cash (used in) financing activities (169,871) (254,170)
Net increase in cash and cash equivalents 1,248,171 544,932
Cash and cash equivalents, beginning of year 16,282,039 15,214,584
Cash and cash equivalents, end of period 17,530,210 15,759,516
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income tax $ 135,000 $ 191,000