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6. Balance Sheet Detail Information | 12 Months Ended
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Sep. 30, 2017
Disclosure Text Block Supplement [Abstract] |
Balance Sheet Detail Information | Balance Sheet information is as follows:
|  | September 30, |  |  | September 30, |
|  | 2017 |  |  | 2016 |
Trade receivables, current, net: |  |  |  |  |  |  |  |
Accounts receivable, current |  | $ | 11,383,576 |  |  | $ | 8,419,626 |
Less: Reserve for doubtful accounts |  |  | (746,651 | ) |  |  | (816,862 | )
|  | $ | 10,636,925 |  |  | $ | 7,602,764 |
Trade receivables, long term, net: |  |  |  |  |  |  |  |
Accounts receivable, long term |  | $ | 344,572 |  |  | $ | 344,572 |
Less: Reserve for doubtful accounts |  |  | (344,572 | ) |  |  | (344,572 | )
|  | $ | – |  |  | $ | – |
Total trade receivables, net: |  |  |  |  |  |  |  |
Gross trade receivables |  | $ | 11,728,148 |  |  | $ | 8,764,198 |
Less: Reserve for doubtful accounts |  |  | (1,091,223 | ) |  |  | (1,161,434 | )
|  | $ | 10,636,925 |  |  | $ | 7,602,764 |
Components of reserve for doubtful accounts are as follows: |  |  |  |  |  |  |  |
Reserve for dilution and fees on amounts due from billing aggregators |  | $ | 1,063,617 |  |  | $ | 1,063,617 |
Reserve for customer refunds |  |  | 1,042 |  |  |  | 1,230 |
Reserve for trade receivables |  |  | 26,564 |  |  |  | 96,587 |
|  | $ | 1,091,223 |  |  | $ | 1,161,434 |
Inventory |  |  |  |  |  |  |  |
Raw materials |  | $ | 7,709,969 |  |  | $ | 6,664,286 |
Work in progress |  |  | 987,689 |  |  |  | 773,238 |
Finished goods |  |  | 3,922,362 |  |  |  | 4,721,371 |
Merchandise |  |  | 23,230,350 |  |  |  | – |
|  |  | 35,850,370 |  |  |  | 12,158,895 |
Less: Inventory reserves |  |  | (1,348,569 | ) |  |  | (1,105,810 | )
|  | $ | 34,501,801 |  |  | $ | 11,053,085 |
Property and equipment, net: |  |  |  |  |  |  |  |
Building and improvements |  | $ | 8,090,797 |  |  | $ | 6,780,959 |
Transportation equipment |  |  | 104,853 |  |  |  | 77,419 |
Machinery and equipment |  |  | 17,402,064 |  |  |  | 10,211,565 |
Furnishings and fixtures |  |  | 4,360,820 |  |  |  | 192,701 |
Office, computer equipment and other |  |  | 224,822 |  |  |  | 216,793 |
|  |  | 30,183,356 |  |  |  | 17,479,437 |
Less: Accumulated depreciation |  |  | (7,365,496 | ) |  |  | (3,464,936 | )
|  | $ | 22,817,860 |  |  | $ | 14,014,501 |
Intangible assets, net: |  |  |  |  |  |  |  |
Domain name and marketing related intangibles |  | $ | 18,957 |  |  | $ | 18,957 |
Lease intangibles |  |  | 1,033,412 |  |  |  | – |
Customer relationship intangibles |  |  | 2,689,039 |  |  |  | 439,039 |
Purchased software |  |  | 1,595,977 |  |  |  | 1,500,000 |
|  |  | 5,337,385 |  |  |  | 1,957,996 |
Less: Accumulated amortization |  |  | (1,132,071 | ) |  |  | (268,206 | )
|  | $ | 4,205,314 |  |  | $ | 1,689,790 |
Accrued liabilities: |  |  |  |  |  |  |  |
Accrued payroll and bonuses |  | $ | 2,602,695 |  |  | $ | 922,299 |
Accrued software costs |  |  | – |  |  |  | 584,500 |
Accrued fee due Kingston Diversified Holdings LLC |  |  | – |  |  |  | 2,800,000 |
Accrued sales and property taxes |  |  | 824,206 |  |  |  | 270,183 |
Deferred rent |  |  | 502,617 |  |  |  | 4,092 |
Accrued gift card liability |  |  | 1,479,622 |  |  |  | – |
Accrued interest payable |  |  | 464,184 |  |  |  | – |
Accrued bank overdraft |  |  | 1,367,539 |  |  |  | – |
Customer deposits |  |  | 182,052 |  |  |  | 169,965 |
Accrued expenses - other |  |  | 1,563,819 |  |  |  | 1,645,733 |
|  | $ | 8,986,734 |  |  | $ | 6,396,772 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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