Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

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Unaudited Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Sep. 30, 2012
Current Assets:    
Cash $ 6,147,350 $ 5,290,780
Restricted cash 52,069 4,682
Accounts receivable, net 7,391,616 7,268,917
Income tax receivable 28,384 27,369
Inventory, net 2,479,904 1,458,199
Prepaid expenses and other current assets 638,243 624,268
Deferred income taxes 2,152,000 2,152,000
TOTAL CURRENT ASSETS 18,889,566 16,826,215
Other Assets 127,490 122,336
PLANT AND EQUIPMENT    
Equipment, furniture and fixtures 4,757,320 4,292,702
Construction in progress 36,968 268,765
Less accumulated depreciation and amortization (2,444,888) (2,211,591)
Plant and equipment, net 2,349,400 2,349,876
Deferred Income Taxes 11,148,000 11,148,000
TOTAL ASSETS 32,514,456 30,446,427
Current Liabilities:    
Accounts payable 1,711,280 1,775,327
Accrued expenses and other current liabilities 1,353,713 1,095,732
Accrued compensation 1,200,432 2,964,812
Accrued dividend 2,021,420 24,570
TOTAL CURRENT LIABILITIES 6,286,845 5,860,441
Deferred rent 78,849 90,902
Deferred grant income 70,234 82,650
Deferred income taxes 192,425 194,244
TOTAL LIABILITIES 6,628,353 6,228,237
Commitments and Contingencies      
STOCKHOLDERS’ EQUITY:    
Common stock 306,537 305,500
Additional paid-in-capital 67,226,491 66,760,907
Accumulated other comprehensive loss (581,519) (581,519)
Accumulated deficit (34,021,171) (35,594,455)
Treasury stock, at cost (7,044,235) (6,672,243)
TOTAL STOCKHOLDERS’ EQUITY 25,886,103 24,218,190
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 32,514,456 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