CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2016	Sep. 30, 2016
Current Assets
Cash and cash equivalents	$ 1,624,000	$ 2,607,000
Accounts receivable, net of allowances of $175,000 and $171,000 at December 31, 2016 and September 30, 2016, respectively	3,835,000	3,502,000
Costs in excess of billings and unbilled receivables	959,000	1,208,000
Inventories, net of reserves	3,916,000	3,726,000
Prepaid expenses and other current assets	1,358,000	1,078,000
Total current assets	11,692,000	12,121,000
Property, Plant and Equipment, net	6,936,000	7,223,000
Other Assets
Intangibles, net	1,033,000	1,067,000
Deferred tax asset	2,726,000	0
Goodwill	5,822,000	5,898,000
Security deposits	43,000	60,000
Total other assets	9,624,000	7,025,000
Total Assets	28,252,000	26,369,000
Current Liabilities
Current portion of long-term debt	1,950,000	2,477,000
Capital lease obligations, current	103,000	105,000
Convertible notes	0	3,085,000
Accounts payable	1,513,000	1,627,000
Deferred revenue	240,000	238,000
Accrued expenses and other liabilities	2,079,000	2,955,000
Total current liabilities	5,885,000	10,487,000
Long-term Liabilities
Long-term debt, net of current portion	1,545,000	736,000
Capital lease obligations, net of current portion	147,000	173,000
Deferred tax liability	246,000	263,000
Other long-term liabilities	39,000	43,000
Total long-term liabilities	1,977,000	1,215,000
Stockholders' Equity
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 17,720,215 and 17,677,284 shares issued, 16,910,055 and and 16,867,124 shares outstanding at December 31, 2016 and September 30, 2016, respectively.	9,000	9,000
Additional paid in capital	21,070,000	20,128,000
Accumulated other comprehensive income (loss)	(994,000)	(699,000)
Accumulated deficit	(305,000)	(3,479,000)
Less 810,160 shares of treasury stock - at cost	(986,000)	(986,000)
Total Dynasil stockholders' equity	18,794,000	14,973,000
Noncontrolling interest	1,596,000	(306,000)
Total stockholders' equity	20,390,000	14,667,000
Total Liabilities and Stockholders' Equity	$ 28,252,000	$ 26,369,000