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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 5,064,902 $ 3,269,783 $ 1,850,296
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 432,176 433,510 451,278
Share-based compensation expense      
Stock options 181,350 17,337  
Stock awards 159,980 160,006 173,492
Excess and obsolete inventory cost (100,446) 66,511 98,728
Deferred income taxes (1,193,511) 38 57
(Increase) decrease in:      
Accounts receivable 322,774 (2,020,574) 1,101,356
Contract asset   80,182 (80,182)
Inventories (153,611) 112,848 (289,314)
Prepaid expenses and other current assets (157,967) (33,060) (99,393)
Other non-current assets   (96,269)  
Increase (decrease) in:      
Accounts payable (167,272) (288,181) (450,719)
Accrued expenses (4,655) 207,568 (323,972)
Income taxes 104,640 (1,666) 3,341
Contract liability 104,139 284,134 (327,570)
Net cash provided by operating activities 4,592,499 2,192,167 2,107,398
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (340,678) (118,797) (81,281)
Net cash (used in) investing activities (340,678) (118,797) (81,281)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from paycheck protection program   1,203,900  
Repayment of paycheck protection program   (1,203,900)  
Proceeds from exercise of stock options 17,010 175,143  
Tax withholding related to cashless exercise of stock options   (880,476)  
Dividend paid (19,788,092)    
Net cash (used in) financing activities (19,771,082) (705,333)  
Net (decrease) increase in cash and cash equivalents and restricted cash (15,519,261) 1,368,037 2,026,117
Cash and cash equivalents and restricted cash, beginning of year 23,784,867 22,416,830 20,390,713
Cash and cash equivalents and restricted cash, end of year 8,265,606 23,784,867 22,416,830
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for income taxes $ 1,089 2,456 456
Cash received from income tax refund   309,712 $ 2,049
SUPPLEMENTAL DISCLOSURE OF NONCASH INFORMATION      
Cashless exercise of stock options   1,635,000  
Accrual of dividends payable   $ 11,180,900