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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2019
Summary of Significant Accounting Policies  
Schedule of financial assets and liabilities accounted for at fair value on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement on March 31, 2019

 

 

Quoted Price in

 

Significant Other

 

Significant

 

 

Active Markets for

 

Observable

 

Unobservable

 

 

Identical Assets

 

Inputs

 

Inputs

 

   

(Level 1)

   

(Level 2)

   

(Level 3)

Assets

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

Money market funds

 

$

20,758,798

 

$

 —

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement on September 30, 2018

 

 

Quoted Price in

 

Significant Other

 

Significant

 

 

Active Markets for

 

Observable

 

Unobservable

 

 

Identical Assets

 

Inputs

 

Inputs

 

   

(Level 1)

   

(Level 2)

   

(Level 3)

Assets

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

Money market funds

 

$

19,725,474

 

$

 —

 

$

 —

 

Summary of contract liabilities balance

 

 

 

 

 

 

 

 

March 31, 

 

   

2019

 

 

 

 

Balance as of beginning of fiscal year

 

$

356,801

Balance as of end of period

 

 

525,899

 

Schedule of customer service revenue and cost of sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

For the Three Months Ended March 31, 

 

For the Six Months Ended March 31, 

 

 

   

2019

   

2018

   

2019

   

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Service Sales

 

$

813,955

 

$

1,185,460

 

$

1,476,048

 

$

2,224,307

 

Customer Service Cost of Sales

 

 

303,813

 

 

488,221

 

 

628,965

 

 

1,001,578

 

Gross Profit

 

$

510,142

 

$

697,239

 

$

847,083

 

$

1,222,729