XML 33 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment, Customer and Geographical Reporting (Tables)
12 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company’s segment information is summarized below:
 
Results of Operations for the Fiscal Year Ended September 30,
 
2013
 
 
 
Contract
Research
 
 
Optics
 
 
Instruments
 
 
Biomedical
 
 
Total
 
Revenue
 
$
21,888,746
 
 
$
15,564,766
 
 
$
5,104,812
 
 
$
194,508
 
 
$
42,752,832
 
Gross Profit
 
 
9,821,711
 
 
 
5,647,680
 
 
 
2,421,846
 
 
 
194,508
 
 
 
18,085,745
 
SG&A
 
 
9,345,214
 
 
 
5,624,291
 
 
 
3,486,729
 
 
 
969,532
 
 
 
19,425,766
 
Impairment of goodwill & long-lived assets
 
 
-
 
 
 
-
 
 
 
6,829,072
 
 
 
-
 
 
 
6,829,072
 
Operating Income (Loss)
 
 
476,497
 
 
 
23,389
 
 
 
(7,893,955)
 
 
 
(775,024)
 
 
 
(8,169,093)
 
GM %
 
 
44.9
%
 
 
36.3
%
 
 
47.4
%
 
 
100.0
%
 
 
42.3
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
316,864
 
 
 
765,018
 
 
 
454,569
 
 
 
60,000
 
 
 
1,596,451
 
Capital expenditures
 
 
31,439
 
 
 
506,371
 
 
 
7,092
 
 
 
-
 
 
 
544,902
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
332,717
 
 
 
882,296
 
 
 
2,089,573
 
 
 
179,997
 
 
 
3,484,583
 
Goodwill
 
 
4,938,625
 
 
 
1,302,358
 
 
 
-
 
 
 
-
 
 
 
6,240,983
 
Total Assets
 
$
9,831,209
 
 
$
12,380,248
 
 
$
4,253,926
 
 
$
211,843
 
 
$
26,677,226
 
 
Results of Operations for the Fiscal Year Ended September 30,
 
2012
 
 
 
Contract
Research
 
 
Optics
 
 
Instruments
 
 
Biomedical
 
 
Total
 
Revenue
 
$
25,273,308
 
 
$
16,055,952
 
 
$
6,452,603
 
 
$
105,287
 
 
$
47,887,150
 
Gross Profit
 
 
9,862,413
 
 
 
5,875,551
 
 
 
3,684,320
 
 
 
83,459
 
 
 
19,505,743
 
SG&A
 
 
9,523,642
 
 
 
5,398,350
 
 
 
5,065,794
 
 
 
939,149
 
 
 
20,926,935
 
Impairment of goodwill
 
 
-
 
 
 
-
 
 
 
2,284,499
 
 
 
-
 
 
 
2,284,499
 
Operating Income (Loss)
 
 
338,771
 
 
 
477,201
 
 
 
(3,665,973)
 
 
 
(855,690)
 
 
 
(3,705,691)
 
GM %
 
 
39.0
%
 
 
36.6
%
 
 
57.1
%
 
 
79.3
%
 
 
40.7
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
237,623
 
 
 
796,847
 
 
 
575,246
 
 
 
60,003
 
 
 
1,669,719
 
Capital expenditures
 
 
348,314
 
 
 
462,445
 
 
 
207,454
 
 
 
-
 
 
 
1,018,213
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Intangibles, Net
 
 
366,853
 
 
 
960,821
 
 
 
5,135,634
 
 
 
239,997
 
 
 
6,703,305
 
Goodwill
 
 
4,938,625
 
 
 
1,300,463
 
 
 
4,015,072
 
 
 
-
 
 
 
10,254,160
 
Total Assets
 
$
12,870,151
 
 
$
11,588,145
 
 
$
12,537,403
 
 
$
469,729
 
 
$
37,465,428
 
Schedule Of Segment Revenue By Geographical Location [Table Text Block]
Revenues by geographic location in total and as a percentage of total revenue, for the years ended September 30, 2013 and 2012 are as follows:
 
 
2013
 
 
2012
 
Geographic Location
 
Revenue
 
% of Total
 
 
Revenue
 
% of Total
 
United States
 
$
35,017,754
 
 
82
%
 
$
39,520,178
 
 
83
%
Europe
 
 
3,718,683
 
 
9
%
 
 
4,274,119
 
 
9
%
Other
 
 
4,016,395
 
 
9
%
 
 
4,092,853
 
 
8
%
 
 
$
42,752,831
 
 
100
%
 
$
47,887,150
 
 
100
%