Annual report pursuant to Section 13 and 15(d)

Inventory

v3.3.0.814
Inventory
 12 Months Ended
Sep. 30, 2015
Inventory [Abstract]  
Inventory

Note 3.Inventory

 

The components of inventory consist of the following at September 30, 2015 and 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

 

 

 

 

 

Raw material

$
839,179 

 

$
1,091,703 

Work in process

 
77,483 

 

 
15,962 

Finished goods

 
868,270 

 

 
1,936,655 

Inventory, gross

 
1,784,932 

 

 
3,044,320 

Less: inventory reserves

 
(39,752)

 

 
(60,873)

Inventory, net

$
1,745,180 

 

$
2,983,447 

 

The change in the inventory reserve for the years ended September 30 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

Charged to Costs

 

 

 

 

Balance at

Year

October 1

 

and Expenses

 

Write-offs

 

September 30

2013

$
49,810 

 

$
(6,662)

 

$
(2,015)

 

$
41,133 

2014

$
41,133 

 

$
37,603 

 

$
(17,863)

 

$
60,873 

2015

$
60,873 

 

$
173,634 

 

$
(194,755)

 

$
39,752