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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Net sales:      
Total net sales $ 17,572,589 $ 13,850,372 $ 16,786,674
Cost of sales:      
Total cost of sales 7,676,119 7,311,923 8,668,348
Gross profit 9,896,470 6,538,449 8,118,326
Operating expenses:      
Research and development 2,489,806 3,575,801 4,456,657
Selling, general and administrative 5,877,920 6,674,187 3,739,234
Total operating expenses 8,367,726 10,249,988 8,195,891
Operating income (loss) 1,528,744 (3,711,539) (77,565)
Interest income 249,620 53,561 35,888
Other income 73,737 67,724 4,858,224
Income (loss) before income taxes 1,852,101 (3,590,254) 4,816,547
Income tax expense 1,805 63,651 247,920
Net income (loss) $ 1,850,296 $ (3,653,905) $ 4,568,627
Net income (loss) per common share:      
Basic (in dollars per share) $ 0.11 $ (0.22) $ 0.27
Diluted (in dollars per share) $ 0.11 $ (0.22) $ 0.27
Weighted average shares outstanding:      
Basic (in shares) 16,867,550 16,805,991 16,742,461
Diluted (in shares) 16,942,447 16,805,991 16,855,644
Product      
Net sales:      
Total net sales $ 16,165,333 $ 13,450,803 $ 16,133,371
Cost of sales:      
Total cost of sales 7,038,717 7,120,731 8,294,228
Engineering development contracts      
Net sales:      
Total net sales 1,407,256 399,569 653,303
Cost of sales:      
Total cost of sales $ 637,402 $ 191,192 $ 374,121