XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 4 - Inventory
9 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Inventory Disclosure [Text Block]
4.
  INVENTORY

Inventory is valued at the lower of cost (
first
-in,
first
-out) or market and consist of:
 
 
 
June 30
,
2017
 
 
September 30, 2016
 
                 
Raw materials and component parts
  $
2,760,341
    $
1,730,563
 
Work-in-process
   
592,670
     
438,447
 
Finished products
   
543,854
     
1,139,789
 
                 
Inventories, net of reserve
  $
3,896,865
    $
3,308,799
 
 
The reserve for inventory obsolescence was
$561,087
and
$235,592
at
June 30, 2017
and
September 30, 2016,
respectively.