| Balance Sheet Detail Information |
| |
|
March 31, |
|
|
September 30, |
|
| |
|
2018 |
|
|
2017 |
|
| |
|
|
(Unaudited) |
|
|
|
|
|
| Trade receivables, current, net: |
|
|
|
|
|
|
|
|
| Accounts receivable, current |
|
$ |
11,749,344 |
|
|
$ |
11,383,576 |
|
| Less: Reserve for doubtful accounts |
|
|
(756,558 |
) |
|
|
(746,651 |
) |
| |
|
$ |
10,992,786 |
|
|
$ |
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 |
|
$ |
12,093,916 |
|
|
$ |
11,728,148 |
|
| Less: Reserve for doubtful accounts |
|
|
(1,101,130 |
) |
|
|
(1,091,223 |
) |
| |
|
$ |
10,992,786 |
|
|
$ |
10,636,925 |
|
| 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 |
|
|
873 |
|
|
|
978 |
|
| Reserve for trade receivables |
|
|
36,640 |
|
|
|
26,628 |
|
| |
|
$ |
1,101,130 |
|
|
$ |
1,091,223 |
|
| Inventory |
|
|
|
|
|
|
|
|
| Raw materials |
|
$ |
9,271,283 |
|
|
$ |
7,709,969 |
|
| Work in progress |
|
|
1,096,509 |
|
|
|
987,689 |
|
| Finished goods |
|
|
5,428,000 |
|
|
|
3,922,362 |
|
| Merchandise |
|
|
30,649,002 |
|
|
|
23,230,350 |
|
| |
|
|
46,444,794 |
|
|
|
35,850,370 |
|
| Less: Inventory reserves |
|
|
(1,384,922 |
) |
|
|
(1,348,569 |
) |
| |
|
$ |
45,059,872 |
|
|
$ |
34,501,801 |
|
| Property and equipment, net: |
|
|
|
|
|
|
|
|
| Building and improvements |
|
$ |
11,981,655 |
|
|
$ |
8,090,797 |
|
| Transportation equipment |
|
|
82,266 |
|
|
|
104,853 |
|
| Machinery and equipment |
|
|
23,432,503 |
|
|
|
17,402,064 |
|
| Furnishings and fixtures |
|
|
2,547,268 |
|
|
|
4,360,820 |
|
| Office, computer equipment and other |
|
|
2,288,717 |
|
|
|
224,822 |
|
| |
|
|
40,332,409 |
|
|
|
30,183,356 |
|
| Less: Accumulated depreciation |
|
|
(12,730,856 |
) |
|
|
(7,365,496 |
) |
| |
|
$ |
27,601,553 |
|
|
$ |
22,817,860 |
|
| 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 |
|
|
2,045,167 |
|
|
|
1,595,977 |
|
| |
|
|
5,786,575 |
|
|
|
5,337,385 |
|
| Less: Accumulated amortization |
|
|
(1,658,475 |
) |
|
|
(1,132,071 |
) |
| |
|
$ |
4,128,100 |
|
|
$ |
4,205,314 |
|
| Accrued liabilities: |
|
|
|
|
|
|
|
|
| Accrued payroll and bonuses |
|
$ |
1,858,887 |
|
|
$ |
2,602,695 |
|
| Due to seller of ApplianceSmart, Inc. |
|
|
2,549,955 |
|
|
|
– |
|
| Accrued sales and property taxes |
|
|
1,232,211 |
|
|
|
824,206 |
|
| Deferred rent |
|
|
397,632 |
|
|
|
502,617 |
|
| Deferred revenue |
|
|
552,442 |
|
|
|
|
|
| Accrued gift card liability |
|
|
1,575,711 |
|
|
|
1,479,622 |
|
| Accrued interest payable |
|
|
534,357 |
|
|
|
464,184 |
|
| Accrued bank overdraft |
|
|
2,260,108 |
|
|
|
1,367,539 |
|
| Customer deposits |
|
|
231,073 |
|
|
|
182,052 |
|
| Accrued expenses - other |
|
|
3,202,976 |
|
|
|
1,563,819 |
|
| |
|
$ |
14,395,352 |
|
|
$ |
8,986,734 |
|
|