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Note 9 - Earnings Per Common Share
9 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
9.
EARNINGS PER COMMON SHARE
 
The following table sets forth the computation of basic and diluted earnings per share.
 
 
 
 
Three Months Ended
June 30,
   
Nine Months Ended
June 30,
 
                                 
 
 
2017
   
2016
   
2017
   
2016
 
                                 
Earnings (Loss) Per Share - Basic
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income (Loss)
  $
941,523
    $
(8,095
)   $
840,957
    $
(519,728
)
Weighted average shares of common stock
outstanding - Basic
   
2,880,719
     
1,638,215
     
2,870,349
     
1,638,215
 
Earnings (Loss) Per Share - Basic
  $
0.33
    $
(0.00
)   $
0.29
    $
(0.32
)
                                 
Earnings (Loss) Per Share - Diluted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares of common stock
outstanding - Basic
   
2,880,719
     
1,638,215
     
2,870,349
     
1,638,215
 
Warrants, Options and Convertible Notes
   
163,721
     
-
     
92,081
     
-
 
Weighted average shares of common stock -
Diluted
   
3,044,440
     
1,638,215
     
2,962,430
     
1,638,215
 
Earnings (Loss) Per Share - Diluted
  $
0.31
    $
(0.00
)   $
0.28
    $
(0.32
)