REVENUE RECOGNITION (Tables)

3 Months Ended

Dec. 31, 2018

Revenue Recognition [Abstract]

Schedule of material impact on the Company's financial statements adopting Topic 606

	December 31, 2018
					Balance Without
	As Reported		Adjustments		ASC 606 Adoption
Assets
Accounts receivable-trade	$	19,368,805	$	-	$	19,368,805
Contract assets		10,531,124		-		10,531,124
Other current assets		11,934,052		-		11,934,052
Total current assets		41,833,981		-		41,833,981
Total fixed assets		16,357,017		-		16,357,017
Total assets	$	58,190,998	$	-	$	58,190,998

						Balance Without
	As Reported			Adjustments		ASC 606 Adoption
Liabilities
Contract liabilities	$	1,556,761		$	-	$	1,556,761
Other current liabilities		25,866,196			-		25,866,196
Total current liabilities		27,422,957			-		27,422,957
Other long-term liabilities		7,082,858			-		7,082,858
Total liabilities		34,505,815			-		34,505,815
Retained earnings		(37,405,708	)		-		(37,405,708	)
Stockholders' equity		23,685,183			-		23,685,183
Total liabilities and stockholders' equity	$	58,190,998		$	-	$	58,190,998

					Balance Without
	As Reported		Adjustments		ASC 606 Adoption
Revenue	$	49,114,139	$	-	$	49,114,139
Income before income taxes		908,384		-		908,384
Income tax expense		277,000		-		277,000
Net income		631,384		-		631,384
Net income available to common shareholders	$	554,134	$	-	$	554,134