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Segment, Customer and Geographical Reporting (Tables)
9 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company’s segment information for the three months ended June 30, 2013 and 2012 is summarized below:
 
Results of Operations for the Three Months Ended June 30,
 
2013
 
 
 
Contract Research
 
Optics
 
Instruments
 
Biomedical
 
Total
 
Revenue
 
$
5,933,085
 
$
3,860,648
 
$
1,498,609
 
$
30,000
 
$
11,322,342
 
Gross Profit
 
 
2,514,235
 
 
1,500,419
 
 
783,225
 
 
30,000
 
 
4,827,879
 
Impairment of goodwill & long-lived assets
 
 
-0-
 
 
-0-
 
 
-0-
 
 
-0-
 
 
-0-
 
Operating Income (Loss)
 
 
22,869
 
 
25,402
 
 
(48,219)
 
 
(215,559)
 
 
(215,507)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
88,770
 
 
191,741
 
 
163,715
 
 
15,000
 
 
459,226
 
Capital expenditures
 
 
-0-
 
 
206,898
 
 
-0-
 
 
-0-
 
 
206,898
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
332,800
 
 
848,046
 
 
2,230,334
 
 
194,997
 
 
3,606,177
 
Goodwill
 
 
4,938,625
 
 
1,197,503
 
 
-0-
 
 
-0-
 
 
6,136,128
 
Total Assets
 
$
13,562,650
 
$
8,780,459
 
$
5,142,707
 
$
262,955
 
$
27,748,771
 
 
Results of Operations for the Three Months Ended June 30,
 
2012
 
 
 
Contract Research
 
Optics
 
Instruments
 
Biomedical
 
Total
 
Revenue
 
$
6,473,078
 
$
4,157,751
 
$
1,443,756
 
$
7,452
 
$
12,082,037
 
Gross Profit
 
 
2,487,372
 
 
1,696,071
 
 
794,875
 
 
6,341
 
 
4,984,659
 
Operating Income (Loss)
 
 
202,551
 
 
336,112
 
 
(441,905)
 
 
(236,109)
 
 
(139,351)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
59,058
 
 
184,512
 
 
133,203
 
 
15,000
 
 
391,773
 
Capital expenditures
 
 
3,273
 
 
(35,156)
 
 
108,583
 
 
-0-
 
 
76,700
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
375,467
 
 
388
 
 
5,255,067
 
 
255,000
 
 
5,885,922
 
Goodwill
 
 
4,938,625
 
 
2,049,611
 
 
6,299,571
 
 
-0-
 
 
13,287,807
 
Total Assets
 
$
13,895,142
 
$
11,351,634
 
$
14,916,226
 
$
309,461
 
$
40,472,463
 
  
The Company’s segment information for the nine months ended June 30, 2013 and 2012 is summarized below:
 
Results of Operations for the Nine Months Ended June 30,
 
2013
 
 
 
Contract Research
 
Optics
 
Instruments
 
Biomedical
 
Total
 
Revenue
 
$
16,331,775
 
$
12,044,354
 
$
3,796,967
 
$
187,051
 
$
32,360,147
 
Gross Profit
 
 
7,376,158
 
 
4,832,981
 
 
1,850,127
 
 
187,051
 
 
14,246,317
 
Impairment of goodwill & long-lived assets
 
 
-0-
 
 
-0-
 
 
6,763,072
 
 
-0-
 
 
6,763,072
 
Operating Income (Loss)
 
 
254,278
 
 
413,414
 
 
(7,774,714)
 
 
(547,786)
 
 
(7,654,808)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
231,189
 
 
562,065
 
 
491,147
 
 
45,000
 
 
1,329,401
 
Capital expenditures
 
 
(1,095)
 
 
416,580
 
 
7,092
 
 
-0-
 
 
422,577
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
332,800
 
 
848,046
 
 
2,230,334
 
 
194,997
 
 
3,606,177
 
Goodwill
 
 
4,938,625
 
 
1,197,503
 
 
-0-
 
 
-0-
 
 
6,136,128
 
Total Assets
 
$
13,562,650
 
$
8,780,459
 
$
5,142,707
 
$
262,955
 
$
27,748,771
 
 
Results of Operations for the Nine Months Ended June 30,
 
2012
 
 
 
Contract Research
 
Optics
 
Instruments
 
Biomedical
 
Total
 
Revenue
 
$
19,677,334
 
$
11,754,515
 
$
5,056,540
 
$
24,953
 
$
36,513,342
 
Gross Profit
 
 
7,699,303
 
 
4,629,856
 
 
2,883,666
 
 
(16,875)
 
 
15,195,950
 
Operating Income (Loss)
 
 
506,046
 
 
531,205
 
 
(901,357)
 
 
(688,633)
 
 
(552,739)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
153,995
 
 
533,612
 
 
402,359
 
 
45,000
 
 
1,134,966
 
Capital expenditures
 
 
350,492
 
 
289,685
 
 
123,851
 
 
-0-
 
 
764,028
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
375,467
 
 
388
 
 
5,255,067
 
 
255,000
 
 
5,885,922
 
Goodwill
 
 
4,938,625
 
 
2,049,611
 
 
6,299,571
 
 
-0-
 
 
13,287,807
 
Total Assets
 
$
13,895,142
 
$
11,351,634
 
$
14,916,226
 
$
309,461
 
$
40,472,463
 
Schedule Of Segment Revenue By Geographical Location [Table Text Block]
Revenue by geographic location in total and as a percentage of total revenue, for the three months ended June 30, 2013 and 2012 are as follows:
 
 
 
Three Months Ended
 
Three Months Ended
 
 
 
June 30, 2013
 
June 30, 2012
 
Geographic Location
 
Revenue
 
% of Total
 
Revenue
 
% of Total
 
United States
 
$
9,426,542
 
 
83
%
$
10,130,936
 
 
84
%
Europe
 
 
975,941
 
 
9
%
 
981,147
 
 
8
%
Other
 
 
919,859
 
 
8
%
 
969,954
 
 
8
%
 
 
$
11,322,342
 
 
100
%
$
12,082,037
 
 
100
%
 
Revenue by geographic location in total and as a percentage of total revenue, for the nine months ended June 30, 2013 and 2012 are as follows:
 
 
 
Nine Months Ended
 
Nine Months Ended
 
 
 
June 30, 2013
 
June 30, 2012
 
Geographic Location
 
Revenue
 
% of Total
 
Revenue
 
% of Total
 
United States
 
$
26,493,062
 
 
82
%
$
30,446,812
 
 
83
%
Europe
 
 
2,711,944
 
 
8
%
 
3,210,520
 
 
9
%
Other
 
 
3,155,141
 
 
10
%
 
2,856,010
 
 
8
%
 
 
$
32,360,147
 
 
100
%
$
36,513,342
 
 
100
%