XML 50 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities:    
Net loss $ (2,543,450) $ (5,849,072)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 178,190 232,550
Amortization of intangible assets 754,836 754,836
Stock compensation expense 128,490 401,872
Deferred tax expense 317,178 4,000
Sales return reserve, net (120,834) (174,435)
Provision for bad debt 40,000 40,000
Provision for slow moving inventory 465,000 269,000
Other 21,581 3,401
Changes in current assets and liabilities:    
Accounts receivable and other non trade receivables 1,796,195 1,028,682
Inventories (161,911) 662,537
Prepaid expenses and other current assets (107,792) (7,523)
Accounts payable (793,813) (634,067)
Accrued expenses and income taxes payable 1,147,754 291,933
Total adjustments 3,664,874 2,872,786
Net cash provided by (used in) operating activities 1,121,424 (2,976,286)
Cash Flows From Investing Activities:    
Purchases of property, plant and equipment (45,465) (56,294)
Net cash used in investing activities (45,465) (56,294)
Cash Flows From Financing Activities:    
Proceeds from employee stock purchases 0 46,798
Net cash provided by financing activities 0 46,798
Effect of exchange rates on cash (60,643) 8,415
Net increase (decrease) in cash and cash equivalents 1,015,316 (2,977,367)
Cash and cash equivalents, beginning of year 4,080,537 7,057,904
Cash and cash equivalents, end of year 5,095,853 4,080,537
Supplemental disclosures:    
Income taxes paid $ 161,455 $ 206,157