XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenues:        
Revenues $ 7,868,448 $ 5,742,391 $ 15,497,015 $ 8,683,726
Cost of revenues 3,832,468 2,808,546 7,503,494 4,525,370
Gross profit 4,035,980 2,933,845 7,993,521 4,158,356
Operating expenses:        
Selling, general and administrative 2,517,891 1,893,045 4,706,289 3,859,480
Research and development 913,935 605,239 1,691,972 1,192,650
Total operating expenses 3,431,826 2,498,284 6,398,261 5,052,130
Income (loss) from operations 604,154 435,561 1,595,260 (893,774)
Other income 15,205 32,074 49,735 62,202
Income (loss) before income taxes 619,359 467,635 1,644,995 (831,572)
Income tax expense (benefit) 158,451 169,285 2,867,339 (317,243)
Net income (loss) $ 460,908 $ 298,350 $ (1,222,344) $ (514,329)
Net income (loss) per common share - basic and diluted (in dollars per share) $ 0.01 $ 0.01 $ (0.04) $ (0.02)
Weighted average common shares outstanding: - basic and diluted        
Basic (in shares) 32,275,647 31,800,103 32,212,286 31,800,103
Diluted (in shares) 33,299,206 31,863,902 32,212,286 31,800,103
Product [Member]        
Revenues:        
Revenues $ 7,125,258 $ 5,471,613 $ 14,461,283 $ 8,173,572
Service [Member]        
Revenues:        
Revenues $ 743,190 $ 270,778 $ 1,035,732 $ 510,154