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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Net sales:      
Product $ 13,450,803 $ 16,133,371 $ 26,985,899
Engineering development contracts 399,569 653,303 983,804
Total net sales 13,850,372 16,786,674 27,969,703
Cost of sales:      
Product 7,120,731 8,294,228 11,112,339
Engineering development contracts 191,192 374,121 369,984
Total cost of sales 7,311,923 8,668,348 11,482,323
Gross profit 6,538,449 8,118,326 16,487,380
Operating expenses:      
Research and development 3,575,801 4,456,657 4,873,328
Selling, general and administrative 6,674,187 3,739,234 9,170,865
Total operating expenses 10,249,988 8,195,891 14,044,193
Operating (loss) income (3,711,539) (77,565) 2,443,187
Interest income 53,561 35,888 33,504
Other income 67,724 4,858,224 78,440
(Loss) income before income taxes (3,590,254) 4,816,547 2,555,131
Income tax expense 63,651 247,920 568,330
Net (loss) income $ (3,653,905) $ 4,568,627 $ 1,986,801
Net (loss) income per common share:      
Basic (in dollars per share) $ (0.22) $ 0.27 $ 0.12
Diluted (in dollars per share) $ (0.22) $ 0.27 $ 0.12
Weighted average shares outstanding:      
Basic (in shares) 16,805,991 16,742,461 16,927,055
Diluted (in shares) 16,805,991 16,855,644 17,039,296