| Balance Sheet Detail Information |
Note 4: Balance Sheet
Detail Information
| |
|
June 30, |
|
September 30, |
| |
|
2018 |
|
2017 |
| |
|
(Unaudited) |
|
|
| Trade receivables, current, net: |
|
|
|
|
|
|
|
|
| Accounts receivable, current |
|
$ |
14,314,236 |
|
|
$ |
11,383,576 |
|
| Less: Reserve for doubtful accounts |
|
|
(895,365 |
) |
|
|
(746,651 |
) |
| |
|
$ |
13,418,871 |
|
|
$ |
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 |
|
$ |
14,658,808 |
|
|
$ |
11,728,148 |
|
| Less: Reserve for doubtful accounts |
|
|
(1,239,937 |
) |
|
|
(1,091,223 |
) |
| |
|
$ |
13,418,871 |
|
|
$ |
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 |
|
|
856 |
|
|
|
978 |
|
| Reserve for trade receivables |
|
|
175,464 |
|
|
|
26,628 |
|
| |
|
$ |
1,239,937 |
|
|
$ |
1,091,223 |
|
| Inventory |
|
|
|
|
|
|
|
|
| Raw materials |
|
$ |
9,848,607 |
|
|
$ |
7,709,969 |
|
| Work in progress |
|
|
1,220,457 |
|
|
|
987,689 |
|
| Finished goods |
|
|
4,608,920 |
|
|
|
3,922,362 |
|
| Merchandise |
|
|
29,422,835 |
|
|
|
23,230,350 |
|
| |
|
|
45,100,819 |
|
|
|
35,850,370 |
|
| Less: Inventory reserves |
|
|
(1,303,099 |
) |
|
|
(1,348,569 |
) |
| |
|
$ |
43,797,720 |
|
|
$ |
34,501,801 |
|
| Property and equipment, net: |
|
|
|
|
|
|
|
|
| Building and improvements |
|
$ |
10,770,186 |
|
|
$ |
8,090,797 |
|
| Transportation equipment |
|
|
82,266 |
|
|
|
104,853 |
|
| Machinery and equipment |
|
|
23,256,746 |
|
|
|
17,402,064 |
|
| Furnishings and fixtures |
|
|
2,586,465 |
|
|
|
4,360,820 |
|
| Office, computer equipment and other |
|
|
2,337,960 |
|
|
|
224,822 |
|
| |
|
|
39,033,623 |
|
|
|
30,183,356 |
|
| Less: Accumulated depreciation |
|
|
(10,789,365 |
) |
|
|
(7,365,496 |
) |
| |
|
$ |
28,244,258 |
|
|
$ |
22,817,860 |
|
| Intangible assets, net: |
|
|
|
|
|
|
|
|
| Domain name and marketing related intangibles |
|
$ |
18,957 |
|
|
$ |
18,957 |
|
| Lease intangibles |
|
|
2,239,008 |
|
|
|
1,033,412 |
|
| Customer relationship intangibles |
|
|
4,709,241 |
|
|
|
2,689,039 |
|
| Purchased software |
|
|
2,193,947 |
|
|
|
1,595,977 |
|
| |
|
|
9,161,153 |
|
|
|
5,337,385 |
|
| Less: Accumulated amortization |
|
|
(2,144,536 |
) |
|
|
(1,132,071 |
) |
| |
|
$ |
7,016,617 |
|
|
$ |
4,205,314 |
|
| Accrued liabilities: |
|
|
|
|
|
|
|
|
| Accrued payroll and bonuses |
|
$ |
2,603,171 |
|
|
$ |
2,602,695 |
|
| Accrued sales and use taxes |
|
|
530,278 |
|
|
|
824,206 |
|
| Accrued property taxes |
|
|
239,866 |
|
|
|
— |
|
| Accrued rent |
|
|
90,677 |
|
|
|
502,617 |
|
| Deferred revenue |
|
|
454,030 |
|
|
|
— |
|
| Accrued gift card and escheatment liability |
|
|
1,684,210 |
|
|
|
1,479,622 |
|
| Accrued interest payable |
|
|
371,314 |
|
|
|
464,184 |
|
| Accrued accounts payable and bank overdrafts |
|
|
3,604,422 |
|
|
|
1,367,539 |
|
| Accrued professional fees |
|
|
149,178 |
|
|
|
— |
|
| Customer deposits |
|
|
192,812 |
|
|
|
182,052 |
|
| Accrued expenses - other |
|
|
260,373 |
|
|
|
1,563,819 |
|
| |
|
$ |
10,180,331 |
|
|
$ |
8,986,734 |
|
|