Note 12 - Income Taxes (Tables)

12 Months Ended

Sep. 30, 2020

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

2020	Federal			State			Total
Current income tax expense	$	275,000		$	765,000		$	1,040,000
Deferred income tax benefit		(2,172,000	)		(733,000	)		(2,905,000	)
Total income tax expense	$	(1,897,000	)	$	32,000		$	(1,865,000	)

2019	Federal			State			Total
Current income tax expense	$	424,000		$	263,000		$	687,000
Deferred income tax expense (benefit)		(145,000	)		(223,000	)		(368,000	)
Total income tax expense	$	279,000		$	40,000		$	319,000

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Years Ended
	September 30,
	2020			2019
Statutory federal rate		21.0	%		(21.0	)%
State income taxes, net of federal income tax expense (benefit)		5.6	%		1.8	%
Permanent differences for tax purposes		(2.8	)%		9.2	%
Change in rate		(1.0	)%		9.7	%
Write-off of deferred tax asset attributable to change in ownership (see below)		—	%		67.7	%
Other		1.1	%		(3.6	)%
		23.9	%		63.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	September 30,
	2020			2019
Deferred tax assets (liabilities):
Net operating loss carryforwards	$	2,672,000		$	2,967,000
Operating lease liabilities		4,699,000			—
Contingent consideration		1,185,000			441,000
Stock based compensation		1,744,000			1,481,000
Accrued expenses		575,000			1,499,000
Accounts receivable and other receivables		147,000			91,000
Federal AMT credit carryforward		—			260,000
Expenses associated with forgiveness of PPP loans		1,834,000			—
Fixed assets		(1,073,000	)		(510,000	)
Intangibles		(2,390,000	)		(448,000	)
Right-of-use assets		(4,137,000	)		—
Securities		(461,000	)		(1,221,000	)
Total deferred tax asset, net	$	4,795,000		$	4,560,000