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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2021
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, 2021

 

 

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

 

$

4,795,825

 

$

 —

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurement on September 30, 2020

 

 

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

 

$

11,607,293

 

$

 —

 

$

 —

 

Summary of contract assets and contract liabilities balances

 

 

 

 

 

 

 

Contract

 

    

Liabilities

 

 

 

 

September 30, 2020

 

$

313,365

Amount transferred to receivables from contract assets

 

 

 —

Contract asset additions

 

 

 —

Performance obligations satisfied during the period that were included in the contract liability balance at the beginning of the period

 

 

(292,712)

Increases due to invoicing prior to satisfaction of performance obligations

 

 

71,419

March 31, 2021

 

$

92,072

 

Schedule of customer service revenue and cost of sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended March 31, 

 

For the Six Months Ended March 31, 

 

    

2021

    

2020

    

2021

    

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer Service Sales

 

$

1,214,372

 

$

1,206,644

 

$

2,029,875

 

$

2,395,684

Customer Service Cost of Sales

 

 

354,664

 

 

402,354

 

 

671,301

 

 

751,969

Gross Profit

 

$

859,708

 

$

804,290

 

$

1,358,574

 

$

1,643,715