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Note 6 - Accrued Liabilities and Other Liabilities - Noncurrent

9 Months Ended

Jun. 30, 2014

Current And Noncurrent Accrued Liabilities [Abstract]

Current And Noncurrent Accrued Liabilities [Text Block]

6. ACCRUED LIABILITIES AND OTHER LIABILITIES—NONCURRENT

Accrued liabilities consisted of the following:

	June 30,		September 30,
	2014		2013

Payroll and related	$	2,001,382	$	650,125
Deferred revenue and other		594,173		18,532
Warranty reserve		291,798		189,277
Accrued contract costs		98,517		197,034
Customer deposits		20,000		-
Income tax liability		1,600		-
Total	$	3,007,470	$	1,054,968


Other liabilities - noncurrent consisted of the following:

Deferred rent	$	132,974	$	122,627
Extended warranty		27,873		23,482
Total	$	160,847	$	146,109

Payroll and related

Payroll and related at June 30, 2014 included $1,019,125 of accrued bonus and related payroll tax expenses and $691,241 of accrued third party sales commissions, compared to $0 and $393,026, respectively, at September 30, 2013.

Deferred Revenue

Deferred revenue at June 30, 2014 included $594,173 for prepayments from customers in advance of product shipment compared to $18,532 at September 30, 2013.

Warranty Reserve

Changes in the warranty reserve during the three and nine months ended June 30, 2014 and 2013 were as follows:

	Three month ended						Nine months ended
	June 30,						June 30,
	2014			2013			2014			2013
Beginning balance	$	260,208		$	205,005		$	212,759		$	204,313
Warranty provision		64,369			(7,302	)		147,887			(834	)
Warranty settlements		(4,906	)		(5,809	)		(40,975	)		(11,585	)
Ending balance	$	319,671		$	191,894		$	319,671		$	191,894

	June 30,		September 30,		June 30,		September 30,
	2014		2013		2014		2013
Short-term warranty reserve	$	291,798	$	189,277	$	291,798	$	189,277
Long-term warranty reserve		27,873		23,482		27,873		23,482
	$	319,671	$	212,759	$	319,671	$	212,759