ACQUISITIONS (Details) - Devicix LLC - USD ($) |
6 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jul. 01, 2015 |
Jun. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
|
| Business Acquisition | ||||
| Earnout payable payment due date after measurement period | 90 days | |||
| Measurement period for earnout | 12 months | |||
| Number of 12 month periods | 4 years | |||
| Earnout as a percentage of engineering revenue | 15.00% | |||
| Engineering revenue threshold for earnout | $ 6,000,000 | |||
| Earnout as a percentage of production revenue | 3.00% | |||
| Contingent Consideration | ||||
| Liability for contingent consideration related to acquisition of business | $ 851,000 | $ 806,000 | ||
| Decrease in Contingent Consideration | $ (45,000) | |||
| Unaudited pro forma combined results of operations | ||||
| Net Sales | $ 86,065,773 | |||
| Loss from Operations | (449,260) | |||
| Net Loss | $ (519,516) | |||
| Loss per Common Share | $ (0.19) | |||
| Maximum | ||||
| Business Acquisition | ||||
| Maximum earnout | $ 2,500,000 |