XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Sep. 30, 2014
Current Assets:    
Cash and cash equivalents $ 1,076,665us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,081,567us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable-trade, net of allowance for doubtful accounts of $4,000 and $4,000 271,422us-gaap_AccountsReceivableNetCurrent 377,473us-gaap_AccountsReceivableNetCurrent
Inventories, net 473,489us-gaap_InventoryNet 473,839us-gaap_InventoryNet
Prepaid expenses and other current assets 81,667us-gaap_PrepaidExpenseAndOtherAssetsCurrent 89,721us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 1,903,243us-gaap_AssetsCurrent 2,022,600us-gaap_AssetsCurrent
Property, plant and equipment, net 459,792us-gaap_PropertyPlantAndEquipmentNet 474,694us-gaap_PropertyPlantAndEquipmentNet
Total assets 2,363,035us-gaap_Assets 2,497,294us-gaap_Assets
Current liabilities:    
Accounts payable 106,064us-gaap_AccountsPayableCurrent 73,293us-gaap_AccountsPayableCurrent
Customer deposits 25,851us-gaap_CustomerDepositsCurrent 32,431us-gaap_CustomerDepositsCurrent
Accrued payroll and related expenses 76,432us-gaap_EmployeeRelatedLiabilitiesCurrent 50,234us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued compensated absences 160,231us-gaap_CompensatedAbsencesLiability 148,903us-gaap_CompensatedAbsencesLiability
Notes payable - short term 43,517us-gaap_NotesPayableCurrent 42,593us-gaap_NotesPayableCurrent
Other current liabilities 29,249us-gaap_OtherLiabilitiesCurrent 31,954us-gaap_OtherLiabilitiesCurrent
Total current liabilities 441,344us-gaap_LiabilitiesCurrent 379,408us-gaap_LiabilitiesCurrent
Notes payable - long term 388,121us-gaap_LongTermNotesPayable 410,178us-gaap_LongTermNotesPayable
Total other liabilities 388,121us-gaap_LiabilitiesNoncurrent 410,178us-gaap_LiabilitiesNoncurrent
Total liabilities 829,465us-gaap_Liabilities 789,586us-gaap_Liabilities
Stockholders' Equity:    
Common stock, $.10 par value Authorized 5,000,000 shares, Issued 4,324,140 shares in 2015 and 2014, Outstanding 2,581,466 shares in 2015 and 2,583,507 in 2014 432,414us-gaap_CommonStockValue 432,414us-gaap_CommonStockValue
Additional paid-in capital 3,248,706us-gaap_AdditionalPaidInCapitalCommonStock 3,248,706us-gaap_AdditionalPaidInCapitalCommonStock
Retained deficit (453,835)us-gaap_RetainedEarningsAccumulatedDeficit (280,893)us-gaap_RetainedEarningsAccumulatedDeficit
Common stock in treasury, at cost 1,742,674 shares in 2015 and 1,740,633 shares in 2014 (1,693,715)us-gaap_TreasuryStockValue (1,692,519)us-gaap_TreasuryStockValue
Total stockholders' equity 1,533,570us-gaap_StockholdersEquity 1,707,708us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 2,363,035us-gaap_LiabilitiesAndStockholdersEquity $ 2,497,294us-gaap_LiabilitiesAndStockholdersEquity