CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2017	Sep. 30, 2017
Current Assets
Cash and cash equivalents	$ 961,000	$ 2,415,000
Accounts receivable, net of allowances of $195,000 and $200,000 at December 31, 2017 and September 30, 2017, respectively	3,750,000	3,407,000
Costs in excess of billings and unbilled receivables	1,230,000	1,317,000
Inventories, net of reserves	4,491,000	4,326,000
Prepaid expenses and other current assets	792,000	973,000
Total current assets	11,224,000	12,438,000
Property, Plant and Equipment, net	7,377,000	7,032,000
Other Assets
Intangibles, net	978,000	987,000
Deferred tax asset	2,109,000	2,642,000
Goodwill	5,951,000	5,940,000
Security deposits	58,000	58,000
Total other assets	9,096,000	9,627,000
Total Assets	27,697,000	29,097,000
Current Liabilities
Current portion of long-term debt	1,840,000	2,007,000
Capital lease obligations, current	78,000	91,000
Accounts payable	1,899,000	2,380,000
Deferred revenue	34,000	129,000
Accrued expenses and other liabilities	2,336,000	2,667,000
Total current liabilities	6,187,000	7,274,000
Long-term Liabilities
Long-term debt, net of current portion	1,358,000	1,045,000
Capital lease obligations, net of current portion	68,000	81,000
Deferred tax liability, net	236,000	234,000
Other long-term liabilities	163,000	38,000
Total long-term liabilities	1,825,000	1,398,000
Stockholders' Equity
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 17,929,183 and 17,893,763 shares issued, 17,119,023 and and 17,083,603 shares outstanding at December 31, 2017 and September 30, 2017, respectively.	9,000	9,000
Additional paid in capital	21,499,000	21,406,000
Accumulated other comprehensive income (loss)	(504,000)	(539,000)
Accumulated deficit	(1,716,000)	(919,000)
Less 810,160 shares of treasury stock - at cost	(986,000)	(986,000)
Total Dynasil stockholders' equity	18,302,000	18,971,000
Noncontrolling interest	1,383,000	1,454,000
Total stockholders' equity	19,685,000	20,425,000
Total Liabilities and Stockholders' Equity	$ 27,697,000	$ 29,097,000