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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Sep. 30, 2020
Current assets    
Cash and cash equivalents $ 5,997,691 $ 12,603,967
Restricted cash 0 11,180,900
Accounts receivable 2,847,567 4,369,111
Inventories 4,654,111 4,291,335
Prepaid expenses and other current assets 836,061 675,109
Total current assets 14,335,430 33,120,422
Property and equipment, net 8,286,005 8,175,872
Other assets 174,471 249,543
Total assets 22,795,906 41,545,837
Current liabilities    
Accounts payable 1,054,409 790,892
Dividends payable   11,180,900
Accrued expenses 1,259,010 1,361,960
Contract liability 92,072 313,365
Total current liabilities 2,405,491 13,647,117
Non-current deferred income taxes 129,689 129,689
Total liabilities 2,535,180 13,776,806
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 March 31, 2021 and September 30, 2020
Common stock, $.001 par value: 75,000,000 shares authorized, 19,338,323 and 19,310,835 issued at March 31, 2021 and September 30, 2020 19,338 19,311
Additional paid-in capital 51,708,925 51,458,787
(Accumulated deficit) (10,099,000) (2,340,530)
Treasury stock, at cost, 2,096,451 shares at March 31, 2021 and September 30, 2020 (21,368,537) (21,368,537)
Total shareholders' equity 20,260,726 27,769,031
Total liabilities and shareholders' equity $ 22,795,906 $ 41,545,837