CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Sep. 30, 2013
Current Assets
Cash and cash equivalents	$ 3,465,644	$ 2,436,828
Accounts receivable, net of allowances of $318,792 and $184,775 at March 31, 2014 and September 30, 2013, respectively	2,781,759	3,657,320
Costs in excess of billings and unbilled receivables	1,917,012	1,537,318
Inventories, net of reserves	2,979,550	3,140,244
Prepaid expenses and other current assets	1,387,620	1,291,942
Total current assets	12,531,585	12,063,652
Property, Plant and Equipment, net	4,670,360	4,773,779
Other Assets
Intangibles, net	1,321,561	3,484,583
Goodwill	6,272,228	6,240,983
Deferred financing costs, net	37,739	114,229
Total other assets	7,631,528	9,839,795
Total Assets	24,833,473	26,677,226
Current Liabilities
Current portion of long-term debt	1,976,769	9,819,048
Capital lease obligations, current	128,979	124,383
Accounts payable	2,283,275	2,056,262
Deferred revenue	193,890	515,790
Accrued expenses and other liabilities	3,482,572	2,846,850
Total current liabilities	8,065,485	15,362,333
Long-term Liabilities
Long-term debt, net of current portion	3,127,795	0
Capital lease obligations, net of current portion	163,116	232,173
Convertible notes	383,084	0
Pension liability	249,966	249,966
Deferred tax liability	179,927	186,866
Total long-term liabilities	4,103,888	669,005
Stockholders' Equity
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 16,318,753 and 16,224,402 shares issued, 15,508,593 and 15,414,242 shares outstanding at March 31, 2014 and September 30, 2013, respectively.	8,159	8,112
Additional paid in capital	17,722,381	17,476,003
Accumulated other comprehensive income	225,694	152,685
Accumulated deficit	(4,275,305)	(6,004,570)
Less 810,160 shares of treasury stock - at cost	(986,342)	(986,342)
Total Dynasil stockholders' equity	12,694,587	10,645,888
Noncontrolling interest	(30,487)	0
Total stockholders' equity	12,664,100	10,645,888
Total Liabilities and Stockholders' Equity	$ 24,833,473	$ 26,677,226