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Restricted Cash
9 Months Ended
Jun. 30, 2011
Restricted Cash  
Restricted Cash

4. RESTRICTED CASH

At June 30, 2011, the Company's assets include restricted cash in the amount of $606,250, which is classified as noncurrent assets, as this amount was pledged to support a bank guarantee to secure the first year of product warranty for product delivered on a sales contract in the quarter ended March 31, 2011. This collateral had an initial term of greater than one year. Following the initial term, this bank guarantee will be renewed annually for seven additional years to cover each year of the extended warranty and maintenance agreement. Upon completion of the contract, the funds will become unrestricted and transferred to cash and cash equivalents. This asset is carried at cost, which approximates market value.