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Consolidated Statements of Income - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Total sales $ 11,754,219 $ 2,356,926 $ 23,816,735 $ 6,645,780 $ 5,852,924
Cost of Sales 8,528,387 1,773,688 15,792,458 4,334,815 3,168,303
Gross Profit 3,225,832 583,238 8,024,277 2,310,965 2,684,621
Operating Expenses:          
Product development costs 121,579 239,010 795,957 1,050,157 1,015,414
Selling, general and administrative expenses 1,813,308 651,574 4,546,383 1,933,986 1,727,021
Operating Income (Loss) 1,290,945 (307,346) 2,681,937 (673,178) (57,814)
Other (Income) and Expenses:          
Interest charges 98,228 50,769 282,648 59,386 657
Legal settlement (50,000) (50,000) (2,270,567)
Other (income) expense, net 14,726 (2,409) 260,529 204,755 63,906
Total Other (Income) and Expenses 112,954 (1,640) 493,177 (2,006,426) 64,563
Income (Loss) before Provision for Income Taxes 1,177,991 (305,706) 2,188,760 1,333,248 (122,377)
Provision for (Recovery of) Income Taxes:          
Current 446,283 8,000 86,966 31,000 (82,200)
Deferred 221,446 693,398 (3,330,600) 82,200
Total Provision for (Recovery of) Income Taxes 667,729 8,000 780,364 (3,299,600)
Net Income (Loss) $ 510,262 $ (313,706) $ 1,408,396 $ 4,632,848 $ (122,377)
Net Income (Loss) Per Common Share - Basic (in dollars per share) $ 0.18 $ (0.11) $ 0.49 $ 2.38 $ (0.07)
Net Income (Loss) Per Common Share - Diluted (in dollars per share) $ 0.16 $ (0.11) $ 0.46 $ 2.36 $ (0.07)
Weighted Average Shares of Common Stock Outstanding – Basic (in shares) 2,888,502 2,853,107 2,874,926 1,943,625 1,638,215
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares) 3,256,012 2,901,584 3,069,077 1,960,121 1,638,215