XML 37 R9.htm IDEA: XBRL DOCUMENT
v3.6.0.2

3. Balance Sheet Detail Information | 12 Months Ended
--- | ---
Sep. 30, 2016
Disclosure Text Block Supplement [Abstract] |
Balance Sheet Detail Information | Balance Sheet information is as follows:
|  | September 30, |  |  | September 30, |
|  | 2016 |  |  | 2015 |
Trade and other receivables, current, net: |  |  |  |  |  |  |  |
Accounts receivable, current |  | $ | 9,151,663 |  |  | $ | 9,007,127 |
Less: Allowance for doubtful accounts |  |  | (816,862 | ) |  |  | (763,135 | )
|  | $ | 8,334,801 |  |  | $ | 8,243,992 |
Trade and other receivables, long term, net: |  |  |  |  |  |  |  |
Accounts receivable, long term |  | $ | 344,572 |  |  | $ | 344,572 |
Less: Allowance for doubtful accounts |  |  | (344,572 | ) |  |  | (344,572 | )
|  | $ | – |  |  | $ | – |
Total trade and other receivables, net: |  |  |  |  |  |  |  |
Gross trade and other receivables |  | $ | 9,496,235 |  |  | $ | 9,351,699 |
Less: Allowance for doubtful accounts |  |  | (1,161,434 | ) |  |  | (1,107,707 | )
|  | $ | 8,334,801 |  |  | $ | 8,243,992 |
Components of allowance for doubtful accounts are as follows: |  |  |  |  |  |  |  |
Allowance for dilution and fees on amounts due from billing aggregators |  | $ | 1,063,617 |  |  | $ | 1,063,617 |
Allowance for customer refunds |  |  | 1,230 |  |  |  | 1,715 |
Allowance for other trade receivables |  |  | 96,587 |  |  |  | 42,375 |
|  | $ | 1,161,434 |  |  | $ | 1,107,707 |
Inventory |  |  |  |  |  |  |  |
Raw materials |  | $ | 6,664,286 |  |  | $ | 6,715,298 |
Work in progress |  |  | 773,238 |  |  |  | 836,837 |
Finished goods |  |  | 4,721,371 |  |  |  | 6,185,741 |
|  |  | 12,158,895 |  |  |  | 13,737,876 |
Less: Obsolescence reserve |  |  | (1,105,810 | ) |  |  | (402,278 | )
|  | $ | 11,053,085 |  |  | $ | 13,335,598 |
Property and equipment, net: |  |  |  |  |  |  |  |
Land and improvements |  | $ | – |  |  | $ | 687,999 |
Building and improvements |  |  | 6,780,959 |  |  |  | 4,202,000 |
Transportation equipment |  |  | 77,419 |  |  |  | 77,419 |
Machinery and equipment |  |  | 10,211,565 |  |  |  | 7,676,561 |
Furnishings and fixtures |  |  | 192,701 |  |  |  | 211,701 |
Office, computer equipment and other |  |  | 216,793 |  |  |  | 244,674 |
|  |  | 17,479,437 |  |  |  | 13,100,354 |
Less: Accumulated depreciation |  |  | (3,464,936 | ) |  |  | (618,453 | )
|  | $ | 14,014,501 |  |  | $ | 12,481,901 |
Intangible assets, net: |  |  |  |  |  |  |  |
Domain name and marketing related intangibles |  | $ | 18,957 |  |  | $ | 18,957 |
Website and technology related intangibles |  |  | – |  |  |  | 25,300 |
Customer Relationships intangible |  |  | 402,452 |  |  |  | – |
Purchased software |  |  | 1,500,000 |  |  |  | 1,500,000 |
|  |  | 1,921,409 |  |  |  | 1,544,257 |
Less: Accumulated amortization |  |  | (231,619 | ) |  |  | (27,327 | )
|  | $ | 1,689,790 |  |  | $ | 1,516,930 |
Accrued liabilities: |  |  |  |  |  |  |  |
Accrued payroll and bonuses |  | $ | 685,410 |  |  | $ | 731,782 |
Accrued software costs |  |  | 584,500 |  |  |  | 1,500,000 |
Accrued fee due Kingston Diversified Holdings LLC |  |  | 2,800,000 |  |  |  | – |
Accrued expenses - other |  |  | 2,326,862 |  |  |  | 1,429,167 |
|  | $ | 6,396,772 |  |  | $ | 3,660,949 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockSupplementAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References No definition available. + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration