XML 43 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 10,024,350 $ 11,721,956 $ 29,809,740 $ 36,546,149
Cost of sales 6,352,038 7,057,661 18,686,351 21,997,996
Gross profit 3,672,312 4,664,295 11,123,389 14,548,153
Operating expenses:        
Selling, general and administrative expense 3,824,145 3,854,289 11,162,302 11,649,315
Engineering & development expense 1,044,051 1,286,105 3,070,558 3,958,997
Operating Expenses 4,868,196 5,140,394 14,232,860 15,608,312
Operating loss (1,195,884) (476,099) (3,109,471) (1,060,159)
Interest income (3,845) (4,277) (53,837) (35,036)
Other expense (income) 19,716 6,198 14,025 (22,632)
Loss before income taxes (1,211,755) (478,020) (3,069,659) (1,002,491)
Income tax expense (492,000) 19,000 (476,000) 57,000
Net loss $ (719,755) $ (497,020) $ (2,593,659) $ (1,059,491)
Loss per share:        
Earnings Per Share, Basic $ (0.16) $ (0.11) $ (0.58) $ (0.24)
Earnings Per Share, Diluted $ (0.16) $ (0.11) $ (0.58) $ (0.24)
Weighted average shares outstanding:        
Basic 4,499,260 4,477,651 4,492,727 4,481,737
Diluted 4,499,260 4,477,651 4,492,727 4,481,737