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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 698,651 $ 1,133,058
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,409 92,372
Share-based compensation expense    
Stock options   45,591
Stock awards 283,195 40,018
Deferred income taxes (284,689) 231,298
(Increase) decrease in:    
Accounts receivable 980,938 325,121
Inventories 96,809 (61,083)
Prepaid expenses and other assets 93,264 (48,402)
Increase (decrease) in:    
Accounts payable 133,417 (123,156)
Accrued expenses (614,657) (111,624)
Income taxes payable 511,622 76,192
Contract liability (167,404) (81,650)
Net cash provided by operating activities 1,816,555 1,517,735
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (32,716) (77,348)
Net cash used in investing activities (32,716) (77,348)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 408,846  
Net cash provided by financing activities 408,846  
Net increase in cash and cash equivalents 2,192,685 1,440,387
Cash and cash equivalents, beginning of period 17,250,546 8,265,606
Cash and cash equivalents, end of period $ 19,443,231 $ 9,705,993