Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v2.4.0.6
Unaudited Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Sep. 30, 2012
Current Assets:    
Cash $ 4,275,254 $ 5,290,780
Restricted cash 55,509 4,682
Accounts receivable, net 7,840,104 7,268,917
Income tax receivable 28,443 27,369
Inventory, net 1,823,199 1,458,199
Prepaid expenses and other current assets 593,380 624,268
Deferred income taxes 2,152,000 2,152,000
TOTAL CURRENT ASSETS 16,767,889 16,826,215
Other Assets 121,981 122,336
PLANT AND EQUIPMENT    
Equipment, furniture and fixtures 4,505,289 4,292,702
Construction in progress 285,214 268,765
Less accumulated depreciation and amortization (2,342,405) (2,211,591)
Plant and equipment, net 2,448,098 2,349,876
Deferred Income Taxes 11,148,000 11,148,000
TOTAL ASSETS 30,485,968 30,446,427
Current Liabilities:    
Accounts payable 1,499,399 1,775,327
Accrued expenses and other current liabilities 1,771,059 1,095,732
Accrued compensation 644,991 2,964,812
Accrued dividend 1,733,680 24,570
TOTAL CURRENT LIABILITIES 5,649,129 5,860,441
Deferred rent 84,911 90,902
Deferred grant income 76,442 82,650
Deferred income taxes 192,821 194,244
TOTAL LIABILITIES 6,003,303 6,228,237
Commitments and Contingencies      
STOCKHOLDERS’ EQUITY:    
Common stock 306,537 305,500
Additional paid-in-capital 67,112,794 66,760,907
Accumulated other comprehensive loss (581,519) (581,519)
Accumulated deficit (35,504,904) (35,594,455)
Treasury stock, at cost (6,850,243) (6,672,243)
TOTAL STOCKHOLDERS’ EQUITY 24,482,665 24,218,190
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 30,485,968 30,446,427
Convertible preferred stock, Class A, Series 1 [Member]
    
STOCKHOLDERS’ EQUITY:    
Convertible preferred stock, Class 0 0
Convertible preferred stock, Class A, Series 3 [Member]
    
STOCKHOLDERS’ EQUITY:    
Convertible preferred stock, Class 0 0
Convertible preferred stock, Class B [Member]
    
STOCKHOLDERS’ EQUITY:    
Convertible preferred stock, Class $ 0 $ 0