Annual report pursuant to Section 13 and 15(d)

17. Segment Reporting (Tables)

v3.6.0.2
17. Segment Reporting (Tables)
12 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment reporting

  Twelve Months Ended September 30,  
    2016     2015  
Revenues            
Marketplace platform   $ 5,438,007     $ 15,868,448  
Manufacturing     72,509,357       16,006,683  
Services     1,006,883       1,494,735  
    $ 78,954,247     $ 33,369,866  
                 
Gross profit                
Marketplace platform   $ 1,238,317     $ 5,724,186  
Manufacturing     17,771,735       4,187,026  
Services     964,818       1,343,182  
    $ 19,974,870     $ 11,254,394  
                 
Operating income (loss)                
Marketplace platform   $ (5,172,406 )   $ (11,807,737 )
Manufacturing     6,529,469       563,503  
Services     961,186       1,107,967  
    $ 2,318,249     $ (10,136,267 )
                 
Depreciation and amortization                
Marketplace platform   $ 284,593     $ 633,732  
Manufacturing     2,840,718       402,250  
Services           11,770  
    $ 3,125,311     $ 1,047,752  
                 
Interest Expenses                
Marketplace platform   $ 2,947,294     $ 4,214,171  
Manufacturing     1,073,253       271,490  
Services            
    $ 4,020,547     $ 4,485,661  
                 
Provision for income taxes                
Marketplace platform   $ (12,907,201 )   $  
Manufacturing     413,980       376,000  
Services            
    $ (12,493,221 )   $ 376,000  
                 
Net income (loss)                
Marketplace platform   $ 6,604,121     $ (15,435,765 )
Manufacturing     9,250,473       (184,841 )
Services     2,099,457       954,477  
    $ 17,954,051     $ (14,666,129 )

 

  As of
September 30,
2016
    As of
September 30,
2015
 
Total Assets                
Marketplace platform   $ 15,053,993     $ 6,811,977  
Manufacturing     38,333,437       33,714,344  
Services     79,970       138,035  
    $ 53,467,400     $ 40,664,356  
                 
Intangible assets                
Marketplace platform   $ 1,287,338     $ 1,516,930  
Manufacturing     402,452       800,000  
Services            
    $ 1,689,790     $ 2,316,930