Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

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Unaudited Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Sep. 30, 2012
Current Assets:    
Cash $ 11,878,170 $ 5,290,780
Restricted cash 52,267 4,682
Accounts receivable, net 926,098 7,268,917
Income tax receivable   27,369
Inventory, net 2,816,369 1,458,199
Prepaid expenses and other current assets 558,140 624,268
Deferred income taxes 2,152,000 2,152,000
TOTAL CURRENT ASSETS 18,383,044 16,826,215
Other Assets 126,800 122,336
PLANT AND EQUIPMENT    
Equipment, furniture and fixtures 4,780,432 4,292,702
Construction in progress 27,796 268,765
Less accumulated depreciation and amortization (2,588,219) (2,211,591)
Plant and equipment, net 2,220,009 2,349,876
Deferred Income Taxes 11,148,000 11,148,000
TOTAL ASSETS 31,877,853 30,446,427
Current Liabilities:    
Accounts payable 1,377,668 1,775,327
Accrued expenses and other current liabilities 1,370,066 1,095,732
Accrued compensation 2,053,912 2,964,812
Accrued dividend 16,495 24,570
TOTAL CURRENT LIABILITIES 4,818,141 5,860,441
Deferred rent 72,838 90,902
Deferred grant income 64,027 82,650
Deferred income taxes 189,723 194,244
TOTAL LIABILITIES 5,144,729 6,228,237
Commitments and Contingencies      
STOCKHOLDERS’ EQUITY:    
Common stock 306,968 305,500
Additional paid-in-capital 67,346,170 66,760,907
Accumulated other comprehensive loss (581,519) (581,519)
Accumulated deficit (33,294,260) (35,594,455)
Treasury stock, at cost (7,044,235) (6,672,243)
TOTAL STOCKHOLDERS’ EQUITY 26,733,124 24,218,190
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 31,877,853 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