3. Balance Sheet Information (Tables)
|
6 Months Ended |
Mar. 31, 2016 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Balance sheet information - Receivables |
Balance sheet information is as follows:
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
| Receivables, current, net: |
|
|
|
|
|
|
|
|
| Accounts receivable,
current |
|
$ |
10,149,401 |
|
|
$ |
9,007,127 |
|
| Less:
Allowance for doubtful accounts |
|
|
(760,809 |
) |
|
|
(763,135 |
) |
| |
|
$ |
9,388,592 |
|
|
$ |
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 |
|
$ |
10,493,973 |
|
|
$ |
9,351,699 |
|
| Less:
Allowance for doubtful accounts |
|
|
(1,105,381 |
) |
|
|
(1,107,707 |
) |
| |
|
$ |
9,388,592 |
|
|
$ |
8,243,992 |
|
|
| Components of allowance for doubtful accounts |
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
| Components of allowance
for doubtful accounts are as follows: |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Allowance for dilution and
fees on amounts due from billing aggregators |
|
$ |
1,063,618 |
|
|
$ |
1,063,617 |
|
| Allowance for customer refunds |
|
|
1,508 |
|
|
|
1,715 |
|
| Allowance
for other trade receivables |
|
|
40,255 |
|
|
|
42,375 |
|
| |
|
$ |
1,105,381 |
|
|
$ |
1,107,707 |
|
|
| Schedule of inventory |
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
| Inventory |
|
|
|
|
|
|
|
|
| Raw materials |
|
$ |
6,801,295 |
|
|
$ |
6,715,298 |
|
| Work in progress |
|
|
768,179 |
|
|
|
836,837 |
|
| Finished
goods |
|
|
5,219,555 |
|
|
|
6,185,741 |
|
| |
|
|
12,789,029 |
|
|
|
13,737,876 |
|
| Less:
Obsolescence reserve |
|
|
(334,028 |
) |
|
|
(402,278 |
) |
| |
|
$ |
12,455,001 |
|
|
$ |
13,335,598 |
|
|
| Schedule of property and equipment |
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
| Property and equipment,
net: |
|
|
|
|
|
|
|
|
| Land and improvements |
|
$ |
688,000 |
|
|
$ |
687,999 |
|
| Building and improvements |
|
|
4,202,000 |
|
|
|
4,202,000 |
|
| Transportation equipment |
|
|
77,419 |
|
|
|
77,419 |
|
| Machinery and equipment |
|
|
7,764,360 |
|
|
|
7,676,561 |
|
| Furnishings and fixtures |
|
|
211,700 |
|
|
|
211,701 |
|
| Office,
computer equipment and other |
|
|
250,079 |
|
|
|
244,674 |
|
| |
|
|
13,193,558 |
|
|
|
13,100,354 |
|
| Less:
Accumulated depreciation |
|
|
(1,533,610 |
) |
|
|
(618,453 |
) |
| |
|
$ |
11,659,948 |
|
|
$ |
12,481,901 |
|
|
| Schedule of intangible assets |
| |
|
March 31, |
|
|
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 |
|
|
(143,188 |
) |
|
|
(27,327 |
) |
| |
|
$ |
1,401,069 |
|
|
$ |
1,516,930 |
|
|
| Schedule of accrued liabilities |
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
| Accrued payroll and bonuses |
|
$ |
713,778 |
|
|
$ |
731,782 |
|
| Deferred revenue |
|
|
243,082 |
|
|
|
243,082 |
|
| Accrued software costs |
|
|
1,500,000 |
|
|
|
1,500,000 |
|
| Accrued
expenses - other |
|
|
879,567 |
|
|
|
1,186,085 |
|
| |
|
$ |
3,336,427 |
|
|
$ |
3,660,949 |
|
|