2. Summary of Significant Accounting Policies (Details Narrative) - USD ($) |
3 Months Ended | ||
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Dec. 31, 2016 |
Dec. 31, 2015 |
Sep. 30, 2016 |
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Trade receivables factored | $ 8,280,697 | $ 7,985,899 | |
Allowance for doubtful accounts | 1,161,500 | $ 1,161,434 | |
Inventory reserves | 2,582,345 | 1,105,810 | |
Depreciation expense | 870,516 | $ 487,901 | |
Manufacturing Segment [Member] | |||
Inventory reserves | 91,940 | 91,940 | |
Retail and Online Segment [Member] | |||
Inventory reserves | $ 2,490,405 | $ 1,013,870 |
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- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Interest and fee income generated by trade financing. Trade financing is a specialized area of commercial lending frequently used by businesses that engage in international activities. Such financing includes open account financing, sales on consignment, documentary collections, advances against collections, letters of credit, bankers' acceptances, factoring, and forfeiting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of valuation reserve for inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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