|
Consolidated Statements of Operations (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Net sales | $ 49,652,366 | $ 47,182,236 | $ 48,681,122 |
| Cost of sales | 30,015,525 | 28,979,516 | 28,183,336 |
| Gross profit | 19,636,841 | 18,202,720 | 20,497,786 |
| Operating expenses: | |||
| Selling, general and administrative expense | 15,816,594 | 16,441,262 | 16,868,086 |
| Engineering & development expense | 5,207,997 | 5,930,719 | 5,510,207 |
| Patent litigation expense | 0 | 5,374,834 | 51,158 |
| Operating Expenses | 21,024,591 | 27,746,815 | 22,429,451 |
| Operating loss | (1,387,750) | (9,544,095) | (1,931,665) |
| Other expense (income): | |||
| Interest and other income | (64,405) | (222,149) | (188,907) |
| Loss before income taxes | (1,323,345) | (9,321,946) | (1,742,758) |
| Income tax benefit | (57,000) | (2,138,000) | 493,000 |
| Net loss | $ (1,380,345) | $ (11,459,946) | $ (1,249,758) |
| Loss per share: | |||
| Earnings Per Share, Basic | $ (0.31) | $ (2.55) | $ (0.28) |
| Earnings Per Share, Diluted | $ (0.31) | $ (2.55) | $ (0.28) |
| Weighted average shares outstanding: | |||
| Basic | 4,481,239 | 4,488,526 | 4,535,617 |
| Diluted | 4,481,239 | 4,488,526 | 4,535,617 |