Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
OPERATING ACTIVITIES    
Net income $ 1,839,684 $ 7,025,515
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 286,895 274,218
Amortization of deferred income from grant (12,416) (12,416)
Share-based compensation 404,158 393,350
Deferred income taxes 431,085 (1,819)
Loss on disposal of fixed assets 430 892
Changes in operating assets and liabilities (1,783,960) (2,687,583)
Net cash provided by operating activities 1,165,876 4,992,157
INVESTING ACTIVITIES    
Capital expenditures (83,991) (260,827)
Net cash used in investing activities (83,991) (260,827)
FINANCING ACTIVITIES    
Purchases of common stock for treasury shares (10,365) (371,992)
Dividends paid on common stock (4,052,634) (3,455,381)
Net cash used in financing activities (4,062,999) (3,827,373)
Net (decrease) increase in cash (2,981,114) 903,957
Cash at beginning of period 8,922,430 5,295,462
CASH AT END OF PERIOD 5,941,316 6,199,419
Supplemental Disclosure of Cash Flow Information:    
Cash payments for income taxes 500,635 130,947
Schedule of noncash financing and investing activities:    
Reduction of accrued expense upon issuance of shares 297,806 189,644
Dividends payable 2,028,303 1,996,850
Fixed asset additions in accounts payable    $ 13,807