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Prepaid and Other Expenses
6 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Prepaid and Other Expenses

The carrying amounts reported in the balance sheets for prepaid expenses and other current assets approximate their fair market value based on the short-term maturity of these instruments. As of March 31, 2016 and September 30, 2015, the outstanding balance of prepaid and other expenses was $937,326 and $1,266,277, respectively.  The $937,326 as of March 31, 2016 is comprised largely of prepayments toward inventory purchases, vendor deposits and other prepaid expenses.