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13. Earnings Per Share (Tables)
 9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Basic and diluted net loss per share

The following table presents the computation of basic and diluted net earnings per share:

 

   Three Months Ended June 30,   Nine Months Ended June 30, 
   2019   2018   2019   2018 
Basic                
                 
Net income  $1,480,343   $2,077,038   $3,484,258   $5,877,866 
Less: preferred stock dividends   (292)   (292)   (876)   (876)
Net income applicable to common stock  $1,480,051   $2,076,746   $3,483,382   $5,876,990 
                     
Weighted average common shares outstanding   1,886,445    1,970,136    1,919,221    1,972,758 
                     
Basic earnings per share  $0.78   $1.05   $1.81   $2.98 
                 
                 
Diluted                
                 
Net income applicable to common stock  $1,480,051   $2,076,746   $3,483,382   $5,876,990 
Add: preferred stock dividends   292    292    876    876 
Net income applicable for diluted earnings per share  $1,480,343   $2,077,038   $3,484,258   $5,877,866 
                     
Weighted average common shares outstanding   1,886,445    1,962,039    1,919,221    1,983,719 
Add: Options   –    38,980    4,610    42,440 
Add: Series B Preferred Stock   1,071,200    1,071,200    1,071,200    1,071,200 
Add: Series B Preferred Stock Warrants   590,145    590,145    590,145    590,145 
Add: Series E Preferred Stock   77,840    77,840    77,840    77,840 
Assumed weighted average common shares outstanding   3,625,630    3,740,204    3,663,016    3,765,344 
                     
Diluted earnings per share  $0.41   $0.56   $0.95   $1.56