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Consolidated Statement of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Total sales $ 3,346,315 $ 1,046,624 $ 5,703,241 $ 2,423,496
Costs and expenses:        
Cost of sales 1,968,801 694,544 3,742,489 1,435,065
Product development 217,316 272,710 456,326 519,483
Marketing and administrative expenses 894,302 542,910 1,545,876 981,135
Interest charges 48,192 3,162 98,961 3,336
Legal matter (50,000)
Other income (3,563) (2,258) (5,972) (3,890)
Total Costs and Expenses 3,125,048 1,511,068 5,787,680 2,935,129
Income (Loss) before Provision for Income Taxes 221,267 (464,444) (84,439) (511,633)
Provision for Income Taxes 8,127 16,127
Net Income (Loss) $ 213,140 $ (464,444) $ (100,566) $ (511,633)
Earnings (Loss) Per Common Share - Basic (in dollars per share) $ 0.07 $ (0.28) $ (0.04) $ (0.31)
Earnings (Loss) per Common Share - Diluted (in dollars per share) $ 0.07 $ (0.28) $ (0.04) $ (0.31)
Weighted average shares of common stock outstanding – Basic (in shares) 2,877,493 1,638,215 2,865,165 1,638,215
Weighted average shares of common stock outstanding – Diluted (in shares) 2,964,729 1,638,215 2,865,165 1,638,215