REVENUE RECOGNITION (Tables)

12 Months Ended

Sep. 30, 2019

REVENUE RECOGNITION

Schedule of Changes in contract liabilities

The following table prsents changes in the Company's contract liabilities for the year ended September 30, 2019.

	Balance at						Balance at
	September 30,						September 30,
	2018		Additions		Deductions		2019
Contract liabilities:  Customer advances	$	4,925	$	34,650	$	(32,849)	$	6,726

Schedule of the impact of adoption of ASC 606 to the Company's condensed consolidated financial statements

			Effect of		Amount Without
			Change		Adoption of
	As Reported		Higher/(Lower)		ASC606
Service revenue	$	39,048	$	(26)	$	39,074
Product revenue		4,568		—		4,568
Total revenue		43,616		(26)		43,642
Total cost of revenue		30,695		—		30,695
Gross profit		12,921		(26)		12,947
Operating loss		(153)		(26)		(127)
Net loss before income taxes		(786)		(26)		(760)
Income taxes expense		4				4
Net Income	$	(790)	$	(26)	$	(764)
Diluted net loss  per share	$	(0.08)	$	0.00	$	(0.08)

Balance Sheet

			Effect of		Amount Without
			Change		Adoption of ASC
	As Reported		Higher/(Lower)		606
Current Liabilities:
Client advances	$	6,726	$	(102)	$	6,624
Shareholder’s equity:
Accumulated deficit	$	(17,097)	$	102	$	(16,995)