Quarterly report pursuant to Section 13 or 15(d)

4. Balance Sheet Detail Information (Tables)

v3.8.0.1
4. Balance Sheet Detail Information (Tables)
3 Months Ended
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of trade and other receivables
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Trade receivables, current, net:                
Accounts receivable, current   $ 8,645,603     $ 11,383,576  
Less: Reserve for doubtful accounts     (761,348 )     (746,651 )
    $ 7,884,255     $ 10,636,925  
Trade receivables , long term, net:                
Accounts receivable, long term   $ 344,572     $ 344,572  
Less: Reserve for doubtful accounts     (344,572 )     (344,572 )
    $     $  
Total trade receivables, net:                
Gross trade receivables   $ 8,990,175     $ 11,728,148  
Less: Reserve for doubtful accounts     (1,105,920 )     (1,091,223 )
    $ 7,884,255     $ 10,636,925  
Components of allowance for doubtful accounts
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Components of reserve for doubtful accounts are as follows:                
                 
Reserve for dilution and fees on amounts due from billing aggregators   $ 1,063,617     $ 1,063,617  
Reserve for customer refunds     881       978  
Reserve for trade receivables     41,422       26,628  
    $ 1,105,920     $ 1,091,223  
Schedule of inventory
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Inventory                
Raw materials   $ 8,052,609     $ 7,709,969  
Work in progress     1,030,973       987,689  
Finished goods     5,128,820       3,922,362  
Merchandise     30,829,936       23,230,350  
      45,042,338       35,850,370  
  Less: Inventory reserves     (1,366,745 )     (1,348,569 )
    $ 43,675,593     $ 34,501,801  
Schedule of property and equipment
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Property and equipment, net:                
Building and improvements   $ 9,122,625     $ 8,090,797  
Transportation equipment     82,266       104,853  
Machinery and equipment     22,082,982       17,402,064  
Furnishings and fixtures     2,510,281       4,360,820  
Office, computer equipment and other     2,189,406       224,822  
      35,987,560       30,183,356  
  Less: Accumulated depreciation     (8,508,196 )     (7,365,496 )
    $ 27,479,364     $ 22,817,860  
Schedule of intangible assets
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Intangible assets, net:                
Domain name and marketing related intangibles   $ 18,957     $ 18,957  
Lease intangibles     1,033,412       1,033,412  
Customer relationship intangibles     2,689,039       2,689,039  
Purchased software     1,620,652       1,595,977  
      5,362,060       5,337,385  
  Less:  Accumulated amortization     (1,368,389 )     (1,132,071 )
    $ 3,993,671     $ 4,205,314  
Schedule of accrued liabilities
    December 31,     September 30,  
    2017     2017  
    (Unaudited)          
Accrued liabilities:                
Accrued payroll and bonuses   $ 2,200,981     $ 2,602,695  
Due to seller of ApplianceSmart, Inc.     6,500,000        
Accrued sales and property taxes     1,031,985       824,206  
Deferred rent     484,878       502,617  
Accrued gift card liability     1,668,443       1,479,622  
Accrued interest payable     547,405       464,184  
Accrued bank overdraft     1,802,097       1,367,539  
Customer deposits     197,967       182,052  
Accrued expenses - other     880,438       1,563,819  
    $ 15,314,194     $ 8,986,734