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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,562,628 $ 848,722
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 188,136 224,478
Share-based compensation expense    
Stock options 90,185 90,185
Stock awards 159,995 159,980
Excess and obsolete inventory cost   (195,762)
Deferred income taxes 527,141  
(Increase) decrease in:    
Accounts receivable (9,355) 1,521,544
Inventories (143,869) (167,014)
Prepaid expenses and other current assets (44,955) (160,952)
Increase (decrease) in:    
Accounts payable 121,072 263,517
Accrued expenses 67,412 (92,642)
Income taxes payable 59,978 29,181
Contract liability (140,776) (221,293)
Net cash provided by operating activities 3,437,592 2,299,944
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (84,358) (299,028)
Net cash used in investing activities (84,358) (299,028)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividend paid   (19,788,092)
Net cash used in financing activities   (19,788,092)
Net increase (decrease) in cash and cash equivalents 3,353,234 (17,787,176)
Cash and cash equivalents, beginning of year 8,265,606 23,784,867
Cash and cash equivalents, end of year 11,618,840 5,997,691
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income taxes $ 110,481 $ 481