Annual report pursuant to Section 13 and 15(d)

Nature Of Business And Significant Accounting Policies (Tables)

v3.6.0.2
Nature Of Business And Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2016
Nature Of Business And Significant Accounting Policies [Abstract]  
Components Of Accounts Receivable



 

 

 

 

 

 



 

 

 

 

 

 



 

2016

 

2015



 

 

 

 

 

 

Trade receivables

 

$

18,616,342 

 

$

13,975,905 

Other receivables

 

 

34,461 

 

 

160,553 

Accounts receivable, gross

 

 

18,650,803 

 

 

14,136,458 

Less: allowance for doubtful accounts

 

 

(38,103)

 

 

(48,068)

Accounts receivable, net

 

 

18,612,700 

 

 

14,088,390 

Less: long-term trade receivables

 

 

(7,837,500)

 

 

 —

Current accounts receivable, net

 

$

10,775,200 

 

$

14,088,390 



Summary Of Components Of Allowance For Doubtful Accounts



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Balance at

 

Provision Charges

 

Write offs/

 

Balance at

Year

October 1

 

 to Expenses

 

Recoveries

 

September 30

2014

$

13,180 

 

$

38,068 

 

$

(3,180)

 

$

48,068 

2015

$

48,068 

 

$

 —

 

$

 —

 

$

48,068 

2016

$

48,068 

 

$

 —

 

$

(9,965)

 

$

38,103 



Summary Of Significant Customers



 

 

 



 

 

 

   

Percentage of Unit Sales

Significant Customers

2016

2015

2014

Semina

27%  47% 

*

UNFPA

25%  18%  40% 

USAID

24%  16%  17% 

Sekunjalo

*

*

13% 

Azinor

*

*

11% 

Total Percentage of Unit Sales

76%  81%  81% 

_____________________



*  Less than 10 percent of unit sales.

Summary Of Depreciation And Amortization



 



 

Manufacturing equipment

510 years

Office equipment

35 years

Furniture and fixtures

710 years