Note 3 - Cash, Cash Equivalents and Investments

6 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

Note

3.

Cash, Cash Equivalents and Investments

The Company currently invests its excess cash in money market accounts and bank certificates of deposit (CDs) with a term of not more than

five

years. CDs with original maturities of more than

three

months are reported as held-to-maturity investments

and are carried at amortized cost. Investments maturing in less than

one

year are classified as short term investments on the balance sheet, and investments maturing in

one

year or greater are classified as long term investments on the balance sheet.

The maturity dates of the Company’s CDs at

March

31,

2017

and

September

30,

2016

are as follows:

	March 31, 2017		September 30, 2016
Less than one year	$	5,813,150	$	5,527,075
1-5 years		15,015,000		10,703,000
Total	$	20,828,150	$	16,230,075