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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities    
Net income $ 217,161 $ 23,994
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 103,787 95,180
Amortization 311,986 206,451
Provision for excess and obsolete inventories 166,620 150,000
Deferred income tax provision (benefit) (4,000) 2,000
Share based compensation expense 41,884 45,013
Changes in assets and liabilities:    
Accounts receivable 195,077 425,783
Income tax receivable\payable 119,346 (136,490)
Inventories, net 683,638 475,224
Prepaid expenses 29,060 26,524
Other assets (424)
Accounts payable 179,651 28,320
Accrued expenses (252,515) (323,180)
Net cash provided by operating activities 1,791,271 1,018,819
Investing Activities    
Acquisition of net operating assets (6,643,540) (178,000)
Repayments of loans to equity method investee 970,500
Purchases of property and equipment (69,833) (24,475)
Net cash used in investing activities (5,742,873) (202,475)
Financing Activities    
Proceeds from notes payable 4,000,000
Debt issuance costs (15,394)
Payments on notes payable (437,793) (215,989)
Net cash provided by (used in) financing activities 3,546,813 (215,989)
Net increase (decrease) in cash and cash equivalents (404,789) 600,355
Cash and cash equivalents at beginning of period 4,508,126 6,110,986
Cash and cash equivalents at end of period 4,103,337 6,711,341
Supplemental cash flow information:    
Cash paid for interest 63,161 46,393
Cash paid for income taxes 142,200
Supplemental noncash investing activities:    
Deferred guaranteed payments for acquisition of business $ (1,897,372)