Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Assets    
Cash and cash equivalents $ 1,586,753 $ 770,895
Trade receivables, net 7,586,739 7,602,764
Inventories, net 32,448,126 11,053,085
Prepaid expenses and other current assets 4,694,790 5,792,018
Total current assets 46,316,408 25,218,762
Property and equipment, net 20,094,350 14,014,501
Deposits and other assets 75,330 19,765
Deferred taxes 11,756,447 12,524,582
Intangible assets, net 3,029,371 1,689,790
Goodwill 39,066,061 0
Total assets 120,337,967 53,467,400
Liabilities:    
Accounts payable 9,024,776 5,402,654
Accrued liabilities 6,789,818 6,396,772
Income tax payable 0 0
Current portion of long term debt 20,505,143 2,011,880
Total current liabilities 36,319,737 13,811,306
Long-term debt, net of current portion 53,008,381 13,460,282
Note payable, related party 2,000,000 2,000,000
Total Liabilities 91,328,118 29,271,588
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 10,000,000 shares authorized, 2,085,998 shares issued and 2,055,876 shares outstanding at December 31, 2016; 2,819,327 shares issued and 2,789,205 shares outstanding at September 30, 2016 2,086 2,819
Paid in capital 62,954,933 59,568,471
Treasury stock (30,122 shares) (300,027) (300,027)
Accumulated deficit (33,647,485) (35,075,579)
Total equity 29,009,849 24,195,812
Total liabilities and equity 120,337,967 53,467,400
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock 214 0
Series E Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock $ 128 $ 128