Note 12 - Commitments and Contingencies	6 Months Ended
Mar. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 2 . COMMITMENTS AND CONTINGENCIES Litigation The Company may at times be involved in litigation in the ordinary course of business. The Company will, from time to time, when appropriate in management’s estimation, record adequate reserves in the Company’s consolidated financial statements for pending litigation. Currently, there are no pending material legal proceedings to which the Company is a party or to which any of its property is subject. Bonus Plan The Company has incentive bonus plans for fiscal year 2018 designed to motivate its key employees to achieve the Company’s financial objectives. All of the Company’s key employees are entitled to participate in the incentive plans. Target Bonus Amounts (“Target”) vary based on a percentage of the employee’s base salary which range from 25% to 75% of base salary and a bonus payment may be made at three levels, including at 50% of Target, at 100% of Target and at 200% of Target, depending upon the achievement by the Company of specified performance goals. Performance targets include certain fiscal 2018 metrics, including product bookings, net revenues, operating income and operating cash flow. Included in such calculation is the cost of the incentive plan. During the six months ended March 31, 2018 and 2017, the Company accrued $738,543 and $379,080, respectively, for bonuses and related payroll tax expenses in connection with the bonus plans. Acquisition Escrow Liability In connection with the acquisition of Genasys the Company recorded an escrow liability of $185,250, as described in Note 4. This liability is based on a working capital target and may be payable to the former shareholders of Genasys. The Company has not completed its final evaluation of this measurement as of March 31, 2018. The Company expects this analysis to be completed by June 30, 2018.

. COMMITMENTS AND CONTINGENCIES

Litigation

The Company

may

at times be involved in litigation in the ordinary course of business. The Company will, from time to time, when appropriate in management’s estimation, record adequate reserves in the Company’s consolidated financial statements for pending litigation. Currently, there are

pending material legal proceedings to which the Company is a party or to which any of its property is subject.

Bonus Plan

The Company has incentive bonus plans for fiscal year

2018

designed to motivate its key employees to achieve the Company’s financial objectives. All of the Company’s key employees are entitled to participate in the incentive plans. Target Bonus Amounts (“Target”) vary based on a percentage of the employee’s base salary which range from

25%

75%

of base salary and a bonus payment

may

be made at

three

levels, including at

50%

of Target, at

100%

of Target and at

200%

of Target, depending upon the achievement by the Company of specified performance goals. Performance targets include certain fiscal

2018

metrics, including product bookings, net revenues, operating income and operating cash flow. Included in such calculation is the cost of the incentive plan. During the

six

months ended

March 31, 2018

and

2017,

the Company accrued

$738,543

and

$379,080,

respectively, for bonuses and related payroll tax expenses in connection with the bonus plans.

Acquisition

Escrow

Liability

In connection with the acquisition of Genasys the Company recorded an escrow liability of

$185,250,

as described in Note

This liability is based on a working capital target and

may

be payable to the former shareholders of Genasys. The Company has

not

completed its final evaluation of this measurement as of

March 31, 2018.

The Company expects this analysis to be completed by

June 30, 2018.