17. Segment Reporting (Tables)

6 Months Ended

Mar. 31, 2018

The following tables summarize segment information for the three and six months ended March 31, 2018 and 2017:

	Three Months Ended March 31,				Six Months Ended March 31,
	2018		2017		2018		2017

Revenues
Retail and Online	$	31,183,512	$	19,975,533	$	52,476,983	$	34,752,256
Manufacturing		20,808,622		18,343,692		39,687,157		35,531,226
Services		187,794		217,200		383,852		441,607
	$	52,179,928	$	38,536,425	$	92,547,992	$	70,725,089

Gross profit
Retail and Online	$	14,536,885	$	11,084,654	$	25,992,687	$	19,152,262
Manufacturing		4,936,246		5,186,082		9,688,814		9,549,375
Services		177,570		204,634		365,090		418,965
	$	19,650,701	$	16,475,370	$	36,046,591	$	29,120,602

Operating income (loss)
Retail and Online	$	2,391,848	$	2,535,159	$	4,623,324	$	4,279,126
Manufacturing		1,504,823		2,531,388		3,007,077		4,252,648
Services		177,292		204,310		364,350		418,151
	$	4,073,963	$	5,270,857	$	7,994,751	$	8,949,925

Depreciation and amortization
Retail and Online	$	440,503	$	326,675	$	1,117,964	$	555,106
Manufacturing		866,756		761,523		1,585,200		1,468,139
Services		–		–		–		–
	$	1,307,259	$	1,088,198	$	2,703,164	$	2,023,245

Interest expenses
Retail and Online	$	1,349,291	$	1,603,120	$	3,371,698	$	2,682,426
Manufacturing		472,429		431,933		918,334		802,103
Services		–		–		–		–
	$	1,821,720	$	2,035,053	$	4,290,032	$	3,484,529

Net income before provision for income taxes
Retail and Online	$	1,161,581	$	1,193,591	$	5,214,176	$	2,016,338
Manufacturing		1,019,656		1,981,175		2,083,049		3,216,069
Services		177,292		204,310		364,350		418,151
	$	2,358,529	$	3,379,076	$	7,661,575	$	5,650,558

		As of		As of
		March 31,		September 30,
		2018		2017
Total assets
Retail and Online	$	86,373,999	$	81,703,371
Manufacturing		50,860,338		46,783,429
Services		90,586		107,795
	$	137,324,923	$	128,594,595

Goodwill and intangible assets
Retail and Online	$	40,716,285	$	40,778,865
Manufacturing		358,550		373,184
Services		–		–
	$	41,074,835	$	41,152,049