| 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 |
|
|