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 |
|
|