Quarterly Financial Information

12 Months Ended

Sep. 30, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

Quarterly Financial Information (Unaudited)

	Quarter Ended
	December 31			March 31		June 30		September 30
2014
Net revenue	$	10,019,000		$	14,541,000	$	10,547,000	$	4,910,000
Production costs		8,487,000			10,851,000		8,266,000		4,590,000
Gross profit		1,532,000			3,690,000		2,281,000		320,000
Production engineering and development		380,000			351,000		352,000		339,000
Selling, general and administrative		1,734,000			1,519,000		1,557,000		1,617,000
Income (loss) from operations		(582,000	)		1,820,000		372,000		(1,636,000	)
Other income (expense), net		1,463,000			1,181,000		2,268,000		(473,000	)
Income (loss) before income tax expense		881,000			3,001,000		2,640,000		(2,109,000	)
Income tax expense (benefit)		435,000			1,100,000		977,000		(1,572,000	)
Net income (loss)	$	446,000		$	1,901,000	$	1,663,000	$	(537,000	)
Net income (loss) – basic earnings (loss) per share	$	0.05		$	0.20	$	0.17	$	(0.06	)
Net income (loss) – diluted earnings (loss) per share	$	0.05		$	0.20	$	0.17	$	(0.06	)
2013
Net revenue	$	4,948,000		$	17,737,000	$	18,690,000	$	7,568,000
Production costs		4,531,000			13,411,000		13,720,000		6,278,000
Gross profit		417,000			4,326,000		4,970,000		1,290,000
Production engineering and development		448,000			454,000		420,000		391,000
Selling, general and administrative		1,959,000			1,984,000		1,867,000		902,000
Income (loss) from operations		(1,990,000	)		1,888,000		2,683,000		(3,000	)
Other income (expense), net		179,000			1,822,000		679,000		1,075,000
Income (loss) before income tax expense		(1,811,000	)		3,710,000		3,362,000		1,072,000
Income tax expense (benefit)		(835,000	)		733,000		873,000		(1,163,000	)
Net income (loss)	$	(976,000	)	$	2,977,000	$	2,489,000	$	2,235,000
Net income (loss) – basic earnings (loss) per share	$	(0.10	)	$	0.31	$	0.26	$	0.24
Net income (loss) – diluted earnings (loss) per share	$	(0.10	)	$	0.31	$	0.26	$	0.24

The net income (loss) per share on a year-to-date calculation may not equal the total of the quarterly calculations due to rounding.