Annual report pursuant to Section 13 and 15(d)

Nature Of Business And Significant Accounting Policies (Tables)

v3.3.0.814
Nature Of Business And Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2015
Nature of Business and Significant Accounting Policies [Abstract]  
Components Of Accounts Receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Trade receivables

 

$

13,975,905 

 

$

2,814,558 

Other receivables

 

 

160,553 

 

 

177,360 

Accounts receivable, gross

 

 

14,136,458 

 

 

2,991,918 

Less: allowance for doubtful accounts

 

 

(48,068)

 

 

(48,068)

Accounts receivable, net

 

$

14,088,390 

 

$

2,943,850 

 

Summary Of Components Of Allowance For Doubtful Accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

Provision Charges

 

Write offs/

 

Balance at

Year

October 1

 

 to Expenses

 

Recoveries

 

September 30

2013

$

41,625 

 

$

3,180 

 

$

(31,625)

 

$

13,180 

2014

$

13,180 

 

$

38,068 

 

$

(3,180)

 

$

48,068 

2015

$

48,068 

 

$

 —

 

$

 —

 

$

48,068 

 

Summary Of Significant Customers

 

 

 

 

 

 

 

 

   

Percentage of Unit Sales

Significant Customers

2015

2014

2013

Semina

47% 

*

*

UNFPA

18% 
40% 
62% 

USAID

16% 
17% 

*

Sekunjalo

*

13% 

*

Azinor

*

11% 

*

Total Percentage of Unit Sales

81% 
81% 
62% 

_____________________

 

*  Less than 10 percent of unit sales.

Summary Of Depreciation And Amortization

 

 

 

 

Manufacturing equipment

510 years

Office equipment

3 years

Furniture and fixtures

710 years