Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Sep. 30, 2016
Assets    
Cash and cash equivalents $ 752,449 $ 770,895
Trade receivables, net 8,697,684 7,602,764
Inventories, net 33,653,031 11,053,085
Prepaid expenses and other current assets 4,203,206 5,792,018
Total current assets 47,306,370 25,218,762
Property and equipment, net 21,498,366 14,014,501
Deposits and other assets 77,520 19,765
Deferred taxes 10,655,287 12,524,582
Intangible assets, net 2,865,025 1,689,790
Goodwill 39,066,061 0
Total assets 121,468,629 53,467,400
Liabilities:    
Accounts payable 8,095,639 5,402,654
Accrued liabilities 5,169,659 6,396,772
Income tax payable 433,519 0
Current portion of long-term debt 21,210,899 2,011,880
Total current liabilities 34,909,716 13,811,306
Long-term debt, net of current portion 53,640,801 13,460,282
Note payable, related party 2,000,000 2,000,000
Total Liabilities 90,550,517 29,271,588
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 10,000,000 shares authorized, 2,088,186 shares issued and 2,058,064 shares outstanding at March 31, 2017; 2,819,327 shares issued and 2,789,205 shares outstanding at September 30, 2016 2,088 2,819
Paid in capital 63,023,008 59,568,471
Treasury stock (30,122 shares) (300,027) (300,027)
Accumulated deficit (31,807,299) (35,075,579)
Total equity 30,918,112 24,195,812
Total liabilities and equity 121,468,629 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