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Note 7 - Earnings Per Common Share
6 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
7.
EARNINGS PER COMMON SHARE
 
The following table sets forth the computation of basic and diluted earnings per share.
 
 
 
Three Months Ended
March 31,
   
Six Months Ended
March 31,
 
                                 
 
 
201
7
   
201
6
   
201
7
   
201
6
 
                                 
Earnings (Loss) Per Share - Basic
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss)
  $
213,140
    $
(464,444
)   $
(100,566
)   $
(511,633
)
                                 
Weighted average shares of common stock outstanding - Basic
   
2,877,493
     
1,638,215
     
2,865,165
     
1,638,215
 
                                 
Earnings (Loss) Per Share - Basic
  $
0.07
    $
(0.28
)   $
(0.04
)   $
(0.31
)
                                 
                                 
Earnings (Loss) Per Share - Diluted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding - Basic
   
2,877,493
     
1,638,215
     
2,865,165
     
1,638,215
 
                                 
Warrants and options
   
87,236
     
-
     
-
     
-
 
Weighted average shares of common stock - Diluted    
2,964,729
     
1,638,215
     
2,865,165
     
1,638,215
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
Net Income (Loss)
  $
213,140
    $
(464,444
)   $
(100,566
)   $
(511,633
)
                                 
Earnings (Loss) Per Share - Diluted
  $
0.07
    $
(0.28
)   $
(0.04
)   $
(0.31
)