Note 6 - Inventories

12 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Inventory Disclosure [Text Block]

6

. INVENTORIES

Inventories consisted of the following:

	September 30,
	2019			2018
Raw materials	$	5,060,331		$	4,487,273
Finished goods		998,607			1,768,544
Work in process		306,809			875,417
Inventories, gross		6,365,747			7,131,234
Reserve for obsolescence		(530,584	)		(397,051	)
Inventories, net	$	5,835,163		$	6,734,183

The Company relies on

one

supplier for compression drivers for its LRAD products and is making efforts to obtain alternative suppliers to reduce such reliance. The Company’s ability to manufacture its LRAD products could be adversely affected if it were to lose this sole source supplier and was unable to find an alternative supplier.