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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales:        
Product $ 4,114,837 $ 7,589,212 $ 12,152,290 $ 23,388,043
Engineering development contracts 804,852 2,986,764 4,777,705 10,788,759
Total net sales 4,919,689 10,575,976 16,929,995 34,176,802
Cost of sales:        
Product 2,300,470 3,924,222 6,918,457 11,603,748
Engineering development contracts 687,574 3,489,627 3,734,692 11,845,367
Total cost of sales 2,988,044 7,413,849 10,653,149 23,449,115
Gross profit 1,931,645 3,162,127 6,276,846 10,727,687
Operating expenses:        
Research and development 799,340 647,894 2,101,812 1,935,692
Selling, general and administrative 1,397,165 1,854,332 4,911,546 5,633,832
Total operating expenses 2,196,505 2,502,226 7,013,358 7,569,524
Operating income (loss) (264,860) 659,901 (736,512) 3,158,163
Interest income 6,372 5,280 18,269 16,246
Other income 11,173 7,939 31,405 27,307
Income (loss) before income taxes (247,315) 673,120 (686,838) 3,201,716
Income tax expense 3,284,658 176,090 2,615,484 911,874
Net income (loss) $ (3,531,973) $ 497,030 $ (3,302,322) $ 2,289,842
Net income (loss) per common share:        
Basic (in dollars per share) $ (0.21) $ 0.03 $ (0.20) $ 0.14
Diluted (in dollars per share) $ (0.21) $ 0.03 $ (0.20) $ 0.13
Weighted average shares outstanding:        
Basic (in shares) 16,910,475 16,951,360 16,930,522 16,918,423
Diluted (in shares) 16,910,475 17,177,572 16,930,522 17,141,532