CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2016	Sep. 30, 2015
Current Assets
Cash and cash equivalents	$ 2,607,000	$ 1,295,000
Accounts receivable, net of allowances of $171,000 and $168,000 at September 30, 2016 and 2015, respectively	3,502,000	3,382,000
Costs in excess of billings and unbilled receivables	1,208,000	1,518,000
Inventories, net of reserves	3,726,000	3,066,000
Prepaid expenses and other current assets	1,078,000	1,167,000
Total current assets	12,121,000	10,428,000
Property, Plant and Equipment, net	7,223,000	6,662,000
Other Assets
Intangibles, net	1,067,000	1,225,000
Goodwill	5,898,000	6,131,000
Security and other deposits	60,000	58,000
Total other assets	7,025,000	7,414,000
Total Assets	26,369,000	24,504,000
Current Liabilities
Line of credit	0	1,455,000
Current portion of long-term debt	2,477,000	113,000
Capital lease obligations, current portion	105,000	76,000
Convertible notes	3,085,000	2,123,000
Accounts payable	1,627,000	1,886,000
Deferred revenue	238,000	109,000
Accrued expenses and other liabilities	2,955,000	2,650,000
Total current liabilities	10,487,000	8,412,000
Long-term Liabilities
Debt, net of current portion and deferred financing costs	736,000	1,287,000
Capital lease obligations, net of current portion	173,000	43,000
Deferred tax liability	263,000	284,000
Other long-term liabilities	43,000	50,000
Total long-term liabilities	1,215,000	1,664,000
Stockholders' Equity
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 17,677,284 and 17,368,738 shares issued, 16,867,124 and 16,558,578 shares outstanding at September 30, 2016 and 2015, respectively.	9,000	9,000
Additional paid in capital	20,128,000	19,650,000
Accumulated other comprehensive income (loss)	(699,000)	110,000
Accumulated deficit	(3,479,000)	(4,167,000)
Less 810,160 shares of treasury stock - at cost	(986,000)	(986,000)
Total Dynasil stockholders' equity	14,973,000	14,616,000
Noncontrolling interest	(306,000)	(188,000)
Total stockholders' equity	14,667,000	14,428,000
Total Liabilities and Stockholders' Equity	$ 26,369,000	$ 24,504,000