XML 42 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
3. Balance Sheet Information (Tables)
9 Months Ended
Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance sheet information - Receivables
   June 30,   September 30, 
   2016   2015 
Receivables, current, net:          
Accounts receivable, current  $9,433,871   $9,007,127 
Less: Allowance for doubtful accounts   (793,208)   (763,135)
   $8,640,663   $8,243,992 
Receivables, long term, net:          
Accounts receivable, long term  $344,572   $344,572 
Less: Allowance for doubtful accounts   (344,572)   (344,572)
   $   $ 
Total receivables, net:          
Gross receivables  $9,778,443   $9,351,699 
Less: Allowance for doubtful accounts   (1,137,780)   (1,107,707)
   $8,640,663   $8,243,992 

 

Components of allowance for doubtful accounts
   June 30,   September 30, 
   2016   2015 
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   1,225    1,715 
Allowance for other trade receivables   72,938    42,375 
   $1,137,780   $1,107,707 

 

Schedule of inventory
   June 30,   September 30, 
   2016   2015 
Inventory          
Raw materials  $6,543,795   $6,715,298 
Work in progress   900,054    836,837 
Finished goods   4,425,684    6,185,741 
    11,869,533    13,737,876 
Less: Obsolescence reserve   (1,105,810)   (402,278)
   $10,763,723   $13,335,598 

 

Schedule of property and equipment
   June 30,   September 30, 
   2016   2015 
Property and equipment, net:          
Land and improvements  $   $687,999 
Building and improvements   5,699,489    4,202,000 
Transportation equipment   77,419    77,419 
Machinery and equipment   9,483,125    7,676,561 
Furnishings and fixtures   192,757    211,701 
Office, computer equipment and other   216,793    244,674 
    15,669,583    13,100,354 
Less: Accumulated depreciation   (2,018,437)   (618,453)
   $13,651,146   $12,481,901 

 

Schedule of intangible assets
   June 30,   September 30, 
   2016   2015 
Intangible assets, net:          
Domain name and marketing related intangibles  $18,957   $18,957 
Website and technology related intangibles   25,300    25,300 
Purchased software   1,500,000    1,500,000 
    1,544,257    1,544,257 
Less: Accumulated amortization   (201,119)   (27,327)
   $1,343,138   $1,516,930 

 

Schedule of accrued liabilities
   June 30,   September 30, 
   2016   2015 
Accrued liabilities:          
Accrued payroll and bonuses  $681,110   $731,782 
Accrued software costs   1,500,000    1,500,000 
Accrued expenses - other   1,814,192    1,429,167 
   $3,995,302   $3,660,949