XML 34 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements Of Cash Flows (USD $)
 3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:    
Net loss $ (94,026)us-gaap_NetIncomeLoss $ (171,894)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 26,769us-gaap_DepreciationDepletionAndAmortization 32,702us-gaap_DepreciationDepletionAndAmortization
Change in operating assets and liabilities:    
Accounts receivable-trade 15,936us-gaap_IncreaseDecreaseInAccountsReceivable 53,916us-gaap_IncreaseDecreaseInAccountsReceivable
Federal and state income tax recoverable 0us-gaap_IncreaseDecreaseInIncomeTaxes 37,085us-gaap_IncreaseDecreaseInIncomeTaxes
Inventories 6,757us-gaap_IncreaseDecreaseInInventories 9,894us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets 18,891us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (24,194)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and customer deposits (4,765)mfco_IncreaseDecreaseInAccountsPayableAndCustomerDeposits 76,021mfco_IncreaseDecreaseInAccountsPayableAndCustomerDeposits
Accrued payroll and related expenses and compensated absences 8,097us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 3,725us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Other current liabilities (4,292)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 475us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash (used in) provided by operating activities (26,633)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 17,730us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Property, plant and equipment purchased (38,599)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,361)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (38,599)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (2,361)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Repayment of note payable (10,480)us-gaap_RepaymentsOfNotesPayable (10,015)us-gaap_RepaymentsOfNotesPayable
Purchase of treasury stock (1,150)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash used in financing activities (11,630)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (10,015)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
(Decrease) increase in cash and cash equivalents (76,862)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 5,354us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,081,567us-gaap_CashAndCashEquivalentsAtCarryingValue 939,959us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 1,004,705us-gaap_CashAndCashEquivalentsAtCarryingValue 945,313us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Schedule of Cash Flow Information:    
Interest $ 5,111us-gaap_InterestPaid $ 5,575us-gaap_InterestPaid