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Consolidated Statement of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Total sales $ 7,220,626 $ 1,530,244 $ 12,923,867 $ 3,953,740
Costs and expenses:        
Cost of Sales 4,191,480 769,430 7,933,969 2,204,495
Product Development 179,840 258,406 636,166 777,889
Selling, General and Administrative Expenses 1,808,920 507,326 3,354,796 1,488,461
Interest Charges 66,695 4,843 165,656 8,179
Legal matter (50,000)
Other income (5,205) (1,666) (11,177) (5,556)
Total Costs and Expenses 6,241,730 1,538,339 12,029,410 4,473,468
Income (Loss) before Provision for Income Taxes 978,896 (8,095) 894,457 (519,728)
Provision for Income Taxes 37,373 53,500
Net Income (Loss) $ 941,523 $ (8,095) $ 840,957 $ (519,728)
Earnings (Loss) Per Common Share - Basic (in dollars per share) $ 0.33 $ 0 $ 0.29 $ (0.32)
Earnings (Loss) Per Common Share - Diluted (in dollars per share) $ 0.31 $ 0 $ 0.28 $ (0.32)
Weighted Average Shares of Common Stock Outstanding - Basic (in shares) 2,880,719 1,638,215 2,870,349 1,638,215
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares) 3,044,440 1,638,215 2,962,430 1,638,215