XML 34 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 7,230,953 $ 9,065,568 $ 22,422,152 $ 24,180,926
Cost of goods sold 5,883,174 7,399,430 18,160,131 19,265,957
Gross profit 1,347,779 1,666,138 4,262,021 4,914,969
Operating expenses:        
Sales and marketing 497,961 708,793 1,876,046 2,050,740
General and administrative 355,661 925,659 4,163,344 2,594,382
Total operating expenses 853,622 1,634,452 6,039,390 4,645,122
Income (loss) from operations $ 494,157 31,686 (1,777,369) 269,847
Other (income) expense:        
Interest income   (8,037) (3,022) (25,767)
(Gain) loss on marketable securities, net   $ (8,904) $ 110,001 30,528
Loss on change in fair value of warrant liability       136,258
Other (income) expense, net $ (953) $ 7,401 $ 8,994 23,403
Total other (income) expense, net (953) (9,540) 115,973 164,422
Income (loss) from continuing operations $ 495,110 41,226 (1,893,342) 105,425
Income (loss) from discontinued operations, net   (21,317) 198,963 (35,103)
Net income (loss) $ 495,110 19,909 (1,694,379) 70,322
Preferred stock dividends and accretion   (48,100) (475,580) (144,571)
Net income (loss) applicable to common equity $ 495,110 (28,191) (2,169,959) (74,249)
Net income (loss) 495,110 19,909 (1,694,379) 70,322
Other comprehensive income (loss):        
Translation adjustments 1,091 111 (615) 1,144
Comprehensive income (loss) $ 496,201 $ 20,020 $ (1,694,994) $ 71,466
Net income (loss) per basic common share:        
Income (loss) from continuing operations $ 0.06 $ 0 $ (0.28) $ (0.01)
Income (loss) from discontinued operations 0 0 0.02 0
Net income (loss) per basic common share 0.06 0 (0.26) (0.01)
Net income (loss) per diluted common share:        
Income (loss) from continuing operations 0.06 0 (0.28) (0.01)
Income (loss) from discontinued operations 0 0 0.02 0
Net income (loss) per diluted common share $ 0.06 $ 0 $ (0.26) $ (0.01)
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 8,364,247 8,195,808 8,329,950 8,183,933
Diluted (in sares) 8,373,336 8,195,808 8,329,950 8,183,933