3. Balance Sheet Detail Information (Tables)
|
12 Months Ended |
Sep. 30, 2016 |
|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
| Balance sheet detail information |
|
|
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 |
| 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 |
|
|
| Schedule of inventory |
| 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 |
|
|
| Schedule of property and equipment |
| 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 |
|
|
| Schedule of intangible assets |
| 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 |
|
|
| Schedule of accrued liabilities |
| 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 |
|
|