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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2017
Sep. 30, 2016
Current Assets    
Cash and cash equivalents $ 2,415,000 $ 2,607,000
Accounts receivable, net of allowances of $200,000 and $171,000 at September 30, 2017 and 2016, respectively 3,407,000 3,502,000
Costs in excess of billings and unbilled receivables 1,317,000 1,208,000
Inventories, net of reserves 4,326,000 3,726,000
Prepaid expenses and other current assets 973,000 1,078,000
Total current assets 12,438,000 12,121,000
Property, Plant and Equipment, net 7,032,000 7,223,000
Other Assets    
Intangibles, net 987,000 1,067,000
Deferred tax asset, net 2,642,000 0
Goodwill 5,940,000 5,898,000
Security and other deposits 58,000 60,000
Total other assets 9,627,000 7,025,000
Total Assets 29,097,000 26,369,000
Current Liabilities    
Current portion of long-term debt 2,007,000 2,477,000
Capital lease obligations, current portion 91,000 105,000
Convertible notes 0 3,085,000
Accounts payable 2,380,000 1,627,000
Deferred revenue 129,000 238,000
Accrued expenses and other liabilities 2,667,000 2,955,000
Total current liabilities 7,274,000 10,487,000
Long-term Liabilities    
Long-term debt, net of current portion 1,045,000 736,000
Capital lease obligations, net of current portion 81,000 173,000
Deferred tax liability, net 234,000 263,000
Other long-term liabilities 38,000 43,000
Total long-term liabilities 1,398,000 1,215,000
Stockholders' Equity    
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 17,893,763 and 17,677,284 shares issued, 17,083,603 and 16,867,124 shares outstanding at September 30, 2017 and 2016, respectively 9,000 9,000
Additional paid in capital 21,406,000 20,128,000
Accumulated other comprehensive income (loss) (539,000) (699,000)
Accumulated deficit (919,000) (3,479,000)
Less 810,160 shares of treasury stock - at cost (986,000) (986,000)
Total Dynasil stockholders' equity 18,971,000 14,973,000
Noncontrolling interest 1,454,000 (306,000)
Total stockholders' equity 20,425,000 14,667,000
Total Liabilities and Stockholders' Equity $ 29,097,000 $ 26,369,000