Annual report pursuant to Section 13 and 15(d)

Inventory

v3.6.0.2
Inventory
 12 Months Ended
Sep. 30, 2016
Inventory [Abstract]  
Inventory

Note 3.Inventory



The components of inventory consist of the following at September 30, 2016 and 2015:







 

 

 

 

 



 

 

 

 

 



2016

 

2015



 

 

 

 

 

Raw material

$

 670,802 

 

$

 839,179 

Work in process

 

 —

 

 

 77,483 

Finished goods

 

 1,834,958 

 

 

 868,270 

Inventory, gross

 

 2,505,760 

 

 

 1,784,932 

Less: inventory reserves

 

 (13,116)

 

 

 (39,752)

Inventory, net

$

 2,492,644 

 

$

 1,745,180 



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

2014

$

 41,133 

 

$

 37,603 

 

$

 (17,863)

 

$

 60,873 

2015

$

 60,873 

 

$

 173,634 

 

$

 (194,755)

 

$

 39,752 

2016

$

 39,752 

 

$

 (8,630)

 

$

 (18,006)

 

$

 13,116