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Significant Accounting Policies (Policies)
3 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Basis of Accounting, Policy [Policy Text Block]
General
 
The
Company’s unaudited interim condensed consolidated financial statements included herein have been prepared in accordance with the instructions to Form
10
-Q and Article
8
of Regulation S-
X
and the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In management’s opinion, the accompanying statements reflect adjustments necessary to present fairly the financial position, results of operations, and cash flows for those periods indicated, and contain adequate disclosure to make the information presented
not
misleading. Adjustments included herein are of a normal, recurring nature unless otherwise disclosed in the footnotes. The condensed consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended
September 
30,
2017
included in the Company’s Annual Report on Form
10
-K, as filed with the SEC on
December 13, 2017.
The accompanying condensed consolidated balance sheet at
September 30, 2017
has been derived from the audited consolidated balance sheet at
September 30, 2017
contained in the above referenced Form
10
-K. Results of operations for interim periods are
not
necessarily indicative of the results of operations for a full year.
Consolidation, Policy [Policy Text Block]
Principles of Consolidation
 
The Company has a currently inactive wholly owned subsidiary,
LRAD International Corporation, which the Company formed to conduct international marketing, sales and distribution activities. The condensed consolidated financial statements include the accounts of this subsidiary after elimination of intercompany transactions and accounts.
Reclassification, Policy [Policy Text Block]
Reclassifications
 
Where necessary, the prior year
’s information has been reclassified to conform to the current year presentation.
New Accounting Pronouncements, Policy [Policy Text Block]
In
March 2016,
the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”)
No.
2016
-
09,
Compensation – Stock Compensation (Topic
718
): Improvements to Employee Share-Based Payment Accounting
. This guidance changes how companies account for certain aspects of share-based payments to employees. Among other things, under the new guidance, companies will
no
longer record excess tax benefits and certain tax deficiencies in additional paid-in-capital (“APIC”), but will instead record such items as income tax expense or benefit in the income statement, and APIC pools will be eliminated. Companies will apply this guidance prospectively. Another component of the new guidance allows companies to make an accounting policy election for the impact of forfeitures on the recognition of expense for share-based payment awards, whereby forfeitures can be estimated, as required today, or recognized when they occur. If elected, the change to recognize forfeitures when they occur needs to be adopted using a modified retrospective approach. The guidance is effective for the Company in the
first
quarter of fiscal
2018.
The adoption of this standard resulted in the recognition of
$1.1
million of gross deferred tax assets related to the historical excess tax benefits from stock-based compensation that was
not
previously included in deferred tax assets and a corresponding increase in the Company’s valuation allowance.
 
In
February 2016,
the
Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”)
2016
-
02,
Leases (Topic
842
)
, which issued new guidance related to leases that outlines a comprehensive lease accounting model and supersedes the current lease guidance. The new guidance requires lessees to recognize lease liabilities and corresponding right-of-use assets for all leases with lease terms of greater than
12
 months. It also changes the definition of a lease and expands the disclosure requirements of lease arrangements. The new guidance must be adopted using the modified retrospective approach and will be effective for the Company in the fiscal year beginning
October 1, 2019.
Early adoption is permitted. The Company is currently evaluating the impact of this guidance, if any, on its financial statements and related disclosures.
 
In
May 2014,
the FASB issued ASU
No.
2014
-
09,
Revenue from Contracts with Customers
(“ASU
2014
-
09”
), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU
2014
-
09
will replace most existing revenue recognition guidance in U.S. generally accepted accounting principles when it becomes effective.
In
July 2015,
the FASB deferred the effective date of the standard by an additional year; however, it provided companies the option to adopt
one
year earlier, commensurate with the original effective date. Accordingly, the standard will be effective for the Company in the fiscal year beginning
October 1, 2018.
The Company is currently evaluating the impact of this guidance, if any, on its financial statements and related disclosures.