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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Current assets    
Cash and cash equivalents $ 18,161,147 $ 18,767,661
Accounts receivable, net 3,786,980 4,511,091
Unbilled receivables, net 1,604,069 1,597,672
Inventories 4,198,432 3,645,828
Prepaid expenses and other current assets 1,222,595 847,207
Total current assets 28,973,223 29,369,459
Property and equipment, net 6,901,566 6,962,562
Other assets 156,948 156,948
Total assets 36,031,737 36,488,969
Current liabilities    
Accounts payable 1,713,616 1,503,771
Accrued expenses 2,246,154 1,889,908
Deferred revenue 351,229 179,585
Total current liabilities 4,310,999 3,573,264
Non-current deferred income taxes 67,708 67,701
Total liabilities 4,378,707 3,640,965
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 December 31, 2016 and September 30, 2016
Common stock, $.001 par value: 75,000,000 shares authorized, 18,812,465 issued at December 31, 2016 and September 30, 2016 18,813 18,813
Additional paid-in capital 51,392,159 51,392,159
Retained earnings 1,610,595 2,805,569
Treasury stock, at cost, 2,096,451 shares at December 31, 2016 and September 30, 2016 (21,368,537) (21,368,537)
Total shareholders' equity 31,653,030 32,848,004
Total liabilities and shareholders' equity $ 36,031,737 $ 36,488,969