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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2023
Summary of Significant Accounting Policies  
Schedule of inventories

    

September 30, 

    

September 30, 

2023

2022

Raw materials

$

5,162,177

$

4,451,045

Work-in-process

 

966,888

 

795,723

Finished goods

 

10,648

 

102,336

$

6,139,713

$

5,349,104

Summary of contract assets and contract liabilities balances

    

    

Contract

Contract

Assets

Liabilities

September 30, 2022

$

162,742

$

259,183

Amount transferred to receivables from contract assets

 

Contract asset additions

 

324,397

Performance obligations satisfied during the period that were included in the contract liability balance at the beginning of the period

 

(240,944)

Increases due to invoicing prior to satisfaction of performance obligations

 

125,120

September 30, 2023

$

487,139

$

143,359

Schedule of financial assets and liabilities accounted for at fair value on a recurring basis

Fair Value Measurement on September 30, 2023

    

Quoted Price in

    

Significant Other

    

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

(Level 1)

(Level 2)

(Level 3)

Assets

Cash and cash equivalents:

Money market funds

$

3,665,128

$

$

Fair Value Measurement on September 30, 2022

    

Quoted Price in

    

Significant Other

    

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

(Level 1)

(Level 2)

(Level 3)

Assets

Cash and cash equivalents:

Money market funds

$

16,083,571

$

$

The fiscal 2023 money market funds balance differs from the cash and cash equivalents balance on the consolidated balance sheet due to the timing of sweep transactions within the PNC cash investment accounts.