Note 3 - Intangible Assets

3 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

Note 3 – Intangible Assets

Intangible assets that have finite useful lives are amortized on a straight-line basis over their estimated useful lives ranging from 3 years to 10 years. The intangible assets with their associated accumulated amortization amounts at December 31, 2014 and September 30, 2014 are as follows:

	December 31, 2014
	Gross		Accumulated Amortization			Net
Intangible assets:
Customer relationships – 10 years	$	4,257,000	$	(354,750	)	$	3,902,250
Technology – 7 years		1,303,000		(155,119	)		1,147,881
Trade name – 10 years		1,293,000		(107,750	)		1,185,250
Non-compete agreements – 3 years		254,000		(70,555	)		183,445
Total intangible assets	$	7,107,000	$	(688,174	)	$	6,418,826

	September 30, 2014
	Gross		Accumulated Amortization			Net
Intangible assets:
Customer relationships – 10 years	$	4,257,000	$	(248,325	)	$	4,008,675
Technology – 7 years		1,303,000		(108,583	)		1,194,417
Trade name – 10 years		1,293,000		(75,425	)		1,217,575
Non-compete agreements – 3 years		254,000		(49,389	)		204,611
Total intangible assets	$	7,107,000	$	(481,722	)	$	6,625,278