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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Sales $ 12,021,820 $ 17,559,315 $ 37,943,303 $ 37,259,352
Cost of sales 7,851,241 12,971,910 30,619,379 27,472,042
Gross profit 4,170,579 4,587,405 7,323,924 9,787,310
Operating expenses 1,998,184 1,611,751 6,276,442 3,943,026
Selling, general and administrative expenses 2,420,629 2,846,168 8,095,815 7,385,008
Impairment of right of use asset 660,242 660,242
Impairment of intangibles including goodwill 8,714,306
Depreciation and amortization expense 241,501 382,565 1,196,860 1,069,653
Loss from operations (1,149,977) (253,079) (17,619,741) (2,610,377)
Other income (expense):        
Interest income 83,544 258,847
Income from equity method investment 20,005 40,500 75,005
Other income (expense) (29,454) 158,739 (86,588) 118,319
Interest expense (101,327) (25,860) (184,005) (68,612)
Total other income (expense), net (47,237) 152,884 28,754 124,712
Loss before income taxes (1,197,214) (100,195) (17,590,987) (2,485,665)
Benefit for income taxes (1,220,564) (42,000) (1,235,564) (13,000)
Income (loss) from continuing operations 23,350 (58,195) (16,355,423) (2,472,665)
Loss from discontinued operations, net of tax (1,426,970) (1,267,344)
Net income (loss) $ 23,350 $ (1,485,165) $ (16,355,423) $ (3,740,009)
Income (loss) per share:        
Continuing operations (in dollars per share) $ 0 $ 0 $ (1.49) $ (0.24)
Discontinued operations (in dollars per share) (0.14) (0.12)
Net income (loss) (in dollars per share) 0 (0.14) (1.49) (0.36)
Continuing operations (in dollars per share) 0 0 (1.49) (0.24)
Discontinued operations (in dollars per share) (0.14) (0.12)
Net income (loss) (in dollars per share) $ 0 $ (0.14) $ (1.49) $ (0.36)
Shares used in per share calculation:        
Basic (in shares) 11,079,580 10,361,292 10,955,235 10,361,292
Diluted (in shares) 11,216,688 10,361,292 10,955,235 10,361,292