XML 18 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Revolving credit borrowings $ 1,750,000 $ 0
Document Period End Date Jun. 30, 2016  
Cash flows from operating activities:    
Net loss $ (9,478,325) (4,751,398)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Goodwill, Impairment Loss 6,016,469 0
Gain (Loss) on Disposition of Assets (784,896) 0
Depreciation and amortization 636,306 512,645
Amortization of deferred compensation 1,111 2,539
Stock compensation expense 440,621 468,063
Change in assets and liabilities:    
Accounts receivable, net 3,023,170 (1,064,427)
Inventories 160,437 443,648
Prepaid expenses and other current assets (251,428) (88,588)
Other assets (3,864) 203,444
Accounts payable (1,929,100) (921,548)
Accrued compensation and employee benefits (944,254) (336,369)
Accrued expenses (78,378) (390,680)
Unearned revenue (468,034) 184,641
Other liabilities (10,918) (33,024)
Net cash provided by (used in) (3,671,083) (5,771,054)
Cash flows from investing activities:    
Proceeds from sale of building, net 1,512,320 3,325,000
Increase (Decrease) in Trading Securities (253) 110,239
Payments to Acquire Property, Plant, and Equipment (159,643) (112,284)
Net Cash Provided by (Used in) Investing Activities 1,352,424 3,322,955
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Proceeds from Stock Options Exercised 5,184 48,106
Net Cash Provided by (Used in) Financing Activities 1,755,184 48,106
Effect of Exchange Rate on Cash and Cash Equivalents 168,570 (93,075)
Cash and Cash Equivalents, Period Increase (Decrease) (394,905) (2,493,068)
Cash at beginning of year 2,390,409 2,390,409
Cash at end of period $ 1,995,504 $ 1,995,504