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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Net sales:      
Product $ 16,133,371 $ 26,985,899 $ 14,573,475
Engineering development contracts 653,303 983,804 5,493,609
Total net sales 16,786,674 27,969,703 20,067,084
Cost of sales:      
Product 8,294,228 11,112,339 8,417,571
Engineering development contracts 374,121 369,984 4,717,778
Total cost of sales 8,668,348 11,482,323 13,135,349
Gross profit 8,118,326 16,487,380 6,931,735
Operating expenses:      
Research and development 4,456,657 4,873,328 2,705,208
Selling, general and administrative 3,739,234 9,170,865 7,847,270
Total operating expenses 8,195,891 14,044,193 10,552,478
Operating (loss) income (77,565) 2,443,187 (3,620,743)
Interest income 35,888 33,504 24,804
Other income 4,858,224 78,440 33,283
Income (loss) before income taxes 4,816,547 2,555,131 (3,562,656)
Income tax expense 247,920 568,330 2,303,478
Net income (loss) $ 4,568,627 $ 1,986,801 $ (5,866,134)
Net income (loss) per common share:      
Basic (in dollars per share) $ 0.27 $ 0.12 $ (0.35)
Diluted (in dollars per share) $ 0.27 $ 0.12 $ (0.35)
Weighted average shares outstanding:      
Basic (in shares) 16,742,461 16,927,055 16,924,189
Diluted (in shares) 16,855,644 17,039,296 16,924,189