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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Sep. 30, 2020
Current assets    
Cash and cash equivalents $ 5,608,255 $ 12,603,967
Restricted Cash   11,180,900
Accounts receivable 2,544,529 4,369,111
Inventories 4,180,743 4,291,335
Prepaid expenses and other current assets 850,861 675,109
Total current assets 13,184,388 33,120,422
Property and equipment, net 8,155,667 8,175,872
Other assets 208,093 249,543
Total assets 21,548,148 41,545,837
Current liabilities    
Accounts payable 727,593 790,892
Dividends payable   11,180,900
Accrued expenses 1,121,818 1,361,960
Contract liability 121,473 313,365
Total current liabilities 1,970,884 13,647,117
Non-current deferred income taxes 129,689 129,689
Total liabilities 2,100,573 13,776,806
Commitments and contingencies (See Note 6)
Shareholders' equity    
Preferred stock, 10,000,000 shares authorized, $.001 par value, of which 200,000 shares are authorized as Class A Convertible stock. No shares issued and outstanding at December 31, 2020 and September 30, 2020
Common stock, $.001 par value: 75,000,000 shares authorized, 19,310,835 issued at December 31, 2020 and September 30, 2020 19,311 19,311
Additional paid-in capital 51,504,378 51,458,787
(Accumulated deficit) (10,707,577) (2,340,530)
Treasury stock, at cost, 2,096,451 shares at December 31, 2020 and 30-Sep-20 (21,368,537) (21,368,537)
Total shareholders' equity 19,447,575 27,769,031
Total liabilities and shareholders' equity $ 21,548,148 $ 41,545,837