Genasys (GNSS) 10-Q 7 May 15 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Mar. 31, 2015	1-May-15
Entity Registrant Name	LRAD Corp
Entity Central Index Key	924383
Current Fiscal Year End Date	-21
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		33,120,260
Document Type	10-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Amendment Flag	FALSE

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Mar. 31, 2015	Sep. 30, 2014
Current assets:
Cash and cash equivalents	$19,147,928	$23,894,744
Short-term Securities	1,746,087
Accounts receivable, net	2,347,131	4,284,051
Inventories, net	4,561,878	3,895,736
Prepaid expenses and other	693,491	523,947
Total current assets	28,496,515	32,598,478
Long-term Securities	2,799,988
Property and equipment, net	413,907	360,084
Intangible assets, net	52,024	53,835
Prepaid expenses and other, noncurrent	672,680	766,423
Total assets	32,435,114	33,778,820
Current liabilities:
Accounts payable	1,036,652	830,503
Accrued liabilities	1,494,912	4,087,976
Total current liabilities	2,531,564	4,918,479
Other liabilities, noncurrent	146,188	157,550
Total liabilities	2,677,752	5,076,029
Commitments and contingencies (Note 9)
Stockholders' equity:
Preferred stock, $0.00001 par value; 5,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.00001 par value; 50,000,000 shares authorized; 33,250,943 and 33,236,489 shares issued and outstanding	333	332
Treasury stock, at cost, 24,506 shares	-57,106
Additional paid-in capital	88,363,558	88,049,125
Accumulated deficit	-58,550,521	-59,346,666
Accumulated other comprehensive income	1,098
Total stockholders' equity	29,757,362	28,702,791
Total liabilities and stockholders' equity	$32,435,114	$33,778,820

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Sep. 30, 2014
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	33,250,943	33,236,489
Common stock, shares outstanding (in shares)	33,250,943	33,236,489
Treasury stock, shares (in shares)	24,506

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Revenues:
Product sales	$4,252,815	$5,113,660	$8,398,887	$8,669,722
Contract and other	233,415	273,646	472,771	540,214
Total revenues	4,486,230	5,387,306	8,871,658	9,209,936
Cost of revenues	2,189,425	2,658,050	4,215,696	4,536,129
Gross profit	2,296,805	2,729,256	4,655,962	4,673,807
Operating expenses:
Selling, general and administrative	1,466,197	1,630,965	2,868,219	3,055,509
Research and development	569,418	575,851	1,047,122	969,392
Total operating expenses	2,035,615	2,206,816	3,915,341	4,024,901
Income from operations	261,190	522,440	740,621	648,906
Other income	30,921	5,086	57,124	10,283
Income from operations before income taxes	292,111	527,526	797,745	659,189
Income tax expense	1,600	1,600	1,600	1,700
Net income	$290,511	$525,926	$796,145	$657,489
Net income per common share - basic and diluted (in dollars per share)	$0.01	$0.02	$0.02	$0.02
Weighted average common shares outstanding:
Basic (in shares)	33,253,719	33,133,915	33,244,929	33,080,702
Diluted (in shares)	33,847,965	34,040,509	33,816,805	33,756,467

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Net income	$290,511	$525,926	$796,145	$657,489
Other comprehensive income, net of tax:
Unrealized gains on marketable securities, net of $0 tax	308		1,098
Other comprehensive income	308		1,098
Comprehensive income	$290,819	$525,926	$797,243	$657,489

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) (USD $)	3 Months Ended	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2015
Unrealized gains on marketable securities, tax	$0	$0

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating Activities:
Net income	$796,145	$657,489
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	120,074	87,436
Provision for doubtful accounts		8,036
Warranty provision	-40,674	-83,518
Inventory obsolescence	22,908	-33,088
Share-based compensation	308,854	341,422
Loss on sale or impairment of patents		6,980
Changes in operating assets and liabilities:
Accounts receivable	1,936,920	2,190,096
Inventories	-689,050	-873,904
Prepaid expenses and other	-169,544	377,698
Prepaid expenses and other, noncurrent	93,743	93,750
Accounts payable	206,149	-478,789
Warranty settlements	-27,749	-36,069
Accrued and other liabilities	-2,617,351	565,906
Net cash provided by operating activities	21,773	2,990,481
Investing Activities:
Purchases of marketable securities	-4,544,977
Capital expenditures	-170,999	-203,876
Patent costs paid	-1,087	-3,645
Net cash used in investing activities	-4,717,063	-207,521
Financing Activities:
Repurchase of common stock	-158,740	-248,957
Proceeds from exercise of stock options	107,214	193,064
Net cash used in financing activities	-51,526	-55,893
Net (decrease) increase in cash	-4,746,816	2,727,067
Cash and cash equivalents, beginning of period	23,894,744	15,805,195
Cash and cash equivalents, end of period	19,147,928	18,532,262
Supplemental Disclosure of Cash Flow Information
Cash paid for taxes		$100

Note_1_Operations

Note 1 - Operations	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Nature of Operations [Text Block]	1. OPERATIONS
	LRAD
	®
	Corporation, a Delaware corporation (the “Company”), is engaged in the design, development and commercialization of directed and omnidirectional sound technologies and products. The Company sells its proprietary sound reproduction technologies and products in markets around the world.

Note_2_Basis_of_Presentation_a

Note 2 - Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	2. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	General
	The Company’s unaudited condensed consolidated financial statements included herein have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In our opinion, the accompanying statements reflect adjustments necessary to present fairly the financial position, results of operations, and cash flows for those periods indicated, and contain adequate disclosure to make the information presented not misleading. Adjustments included herein are of a normal, recurring nature unless otherwise disclosed in the footnotes. The condensed consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended September 30, 2014 included in the Company’s Annual Report on Form 10-K, as filed with the SEC on November 20, 2014. Results of operations for interim periods are not necessarily indicative of the results of operations for a full year.
	Principles of Consolidation
	The Company has a currently inactive wholly owned subsidiary, LRAD International Corporation, which the Company formed to conduct international marketing, sales and distribution activities. The condensed consolidated financial statements include the accounts of this subsidiary after elimination of intercompany transactions and accounts.
	Reclassifications
	Where necessary, the prior year’s information has been reclassified to conform to the current year presentation.

Note_3_Recent_Accounting_Prono

Note 3 - Recent Accounting Pronouncements	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	3. RECENT ACCOUNTING PRONOUNCEMENTS
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09,
	Revenue from Contracts with Customers
	(“ASU 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. generally accepted accounting principles when it becomes effective. ASU 2014-09 is effective for the Company starting in the first quarter of fiscal 2018. Early adoption is not permitted. In April 2015, the FASB voted to propose a deferral of the effective date of the new standard by one year, but to permit companies to adopt one year earlier if they choose. The proposed standard may be adopted using a full retrospective or a modified retrospective (cumulative effect) method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.
	In June 2014, the FASB issued ASU No. 2014-12,
	Compensation – Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period
	.
	The guidance requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. The guidance will be effective for the Company in the fiscal quarter beginning January 1, 2016, and early adoption is permitted. The Company is currently evaluating the impact of this guidance, if any, on its consolidated financial statements.
	In August 2014, the FASB issued ASU No. 2014-15,
	Presentation of Financial Statements – Going Concern
	(subtopic 205-40). The guidance requires disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The guidance will be effective for the Company in the fiscal quarter beginning January 1, 2017. The Company is currently evaluating the impact of this guidance, if any, on its consolidated financial statements.

Note_4_Fair_Value_Measurements

Note 4 - Fair Value Measurements	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4.
	FAIR VALUE MEASUREMENTS
	Our financial instruments consist principally of cash equivalents, short and long-term marketable securities, accounts receivable and accounts payable. The fair value of a financial instrument is the amount that would be received in an asset sale or paid to transfer a liability in an orderly transaction between unaffiliated market participants. Assets and liabilities measured at fair value are categorized based on whether or not the inputs are observable in the market and the degree that the inputs are observable. The categorization of financial instruments within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The hierarchy is prioritized into three levels (with Level 3 being the lowest) defined as follows:
	Level 1:     Inputs are based on quoted market prices for identical assets or liabilities in active markets at the measurement date.
	Level 2:     Inputs include quoted prices for similar assets or liabilities in active markets and/or quoted prices for identical or similar assets or liabilities in markets that are not active near the measurement date.
	Level 3:     Inputs include management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The inputs are unobservable in the market and significant to the instrument’s valuation.
	The fair value of our cash equivalents and marketable securities was determined based on Level 1 and Level 2 inputs. We do not have any marketable securities in the Level 3 category. We believe that the recorded values of all our other financial instruments approximate their current fair values because of their nature and respective relatively short maturity dates or durations.
	Instruments Measured at Fair Value
	The following table presents our cash equivalents and marketable securities’ costs, gross unrealized gains and losses, and fair value by major security type recorded as cash and cash equivalents or short-term or long-term marketable securities as of March 31, 2015. At September 30, 2014, we did not have any financial instruments that are required to be measured at fair value on a recurring basis.
				Unrealized			Fair		Cash and Cash		Short-term		Long-term
		Cost Basis		Gains/(Losses)			Value		Equivalents		Securities		Securities
	Level 1:
	Money Market Funds	$	31,618	$	-		$	31,618	$	31,618	$	-	$	-
	Level 2:
	Certificates of deposit		2,749,183		-			2,749,183		-		-		2,749,183
	Municipal securities		2,070,868		1,529			2,072,397		526,147		1,495,445		50,805
	Corporate bonds		251,073		(431	)		250,642		-		250,642		-
	Subtotal		5,071,124		1,098			5,072,222		526,147		1,746,087		2,799,988
	Total	$	5,102,742	$	1,098		$	5,103,840	$	557,765	$	1,746,087	$	2,799,988

Note_5_Inventories

Note 5 - Inventories	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Inventory Disclosure [Text Block]	5. INVENTORIES
	Inventories consisted of the following:
		March 31,			September 30,
		2015			2014
	Raw materials	$	4,130,283		$	3,462,869
	Finished goods		707,927			634,246
	Work in process		101,063			153,107
	Inventories, gross		4,939,273			4,250,222
	Reserve for obsolescence		(377,395	)		(354,486	)
	Inventories, net	$	4,561,878		$	3,895,736

Note_6_Property_and_Equipment

Note 6 - Property and Equipment	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6
	. PROPERTY AND EQUIPMENT
	Property and equipment consisted of the following:
		March 31,			September 30,
		2015			2014
	Machinery and equipment	$	935,298		$	903,798
	Office furniture and equipment		853,997			720,548
	Leasehold improvements		67,913			61,863
	Property and equipment, gross		1,857,208			1,686,209
	Accumulated depreciation		(1,443,301	)		(1,326,125	)
	Property and equipment, net	$	413,907		$	360,084
		Six months ended
		March 31,
		2015			2014
	Depreciation expense	$	117,176		$	84,413

Note_7_Accrued_Liabilities_and

Note 7 - Accrued Liabilities and Other Liabilities - Noncurrent	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Current and Noncurrent Accrued Liabilities [Text Block]	7
	. ACCRUED LIABILITIES AND OTHER LIABILITIES—NONCURRENT
	Accrued liabilities consisted of the following:
		March 31,			September 30,
		2015			2014
	Payroll and related	$	683,941		$	3,033,223
	Accrued contract costs		394,068			197,034
	Warranty reserve		310,258			288,480
	Deferred revenue		103,005			567,639
	Other		3,640			1,600
	Total	$	1,494,912		$	4,087,976
	Other liabilities - noncurrent consisted of the following:
	Deferred rent	$	129,210		$	131,719
	Extended warranty		16,978			25,831
	Total	$	146,188		$	157,550
	Payroll and related
	Payroll and related consists primarily of accrued bonus and related taxes, vacation and outside commissions.
	Accrued contract costs
	We have contracted with a third party service provider to administer the required services under the terms of a repair and maintenance agreement with a foreign military. This payment is made in arrears each year.
	Warranty Reserve
	Changes in the warranty reserve and extended warranty were as follows:
		Three month ended						Six months ended
		March 31,						March 31,
		2015			2014			2015			2014
	Beginning balance	$	325,107		$	215,758		$	314,311		$	212,759
	Warranty provision		21,476			69,157			40,674			83,518
	Warranty settlements		(19,347	)		(24,707	)		(27,749	)		(36,069	)
	Ending balance	$	327,236		$	260,208		$	327,236		$	260,208
		March 31,			September 30,			March 31,			September 30,
		2015			2014			2015			2014
	Short-term warranty reserve	$	310,258		$	288,480		$	310,258		$	288,480
	Long-term warranty reserve		16,978			25,831			16,978			25,831
	Total warranty reserve	$	327,236		$	314,311		$	327,236		$	314,311
	Deferred Revenue
	Deferred revenue consists primarily of prepayments from customers in advance of product shipment.

Note_8_Income_Taxes

Note 8 - Income Taxes	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8. INCOME TAXES
	At March 31, 2015, the Company had federal net operating losses (“NOLs”) and related state NOLs. In accordance with FASB Accounting Standards Codification Topic 740, “Accounting for Income Taxes” (“ASC 740”), the Company recorded a full valuation allowance as it is more likely than not that some or all of the deferred tax assets will not be realized in the future.
	The Company did not record a tax provision for California during the six months ended March 31, 2015 as the Company expects its annual effective tax rate to be zero. In addition to the Company’s federal NOLs, it also made an election under Section 172(b)(1)(H) of the Internal Revenue Code of 1986, as amended per the American Recovery and Reinvestment Tax Act of 2009, to carry back its fiscal year ended September 30, 2008 applicable NOL for a period of 3 years, and carry forward the loss for up to 20 years, which offsets the Alternative Minimum Tax in the current tax year. In addition, the state of California has reinstated the NOL carryover deduction for taxable years beginning on or after January 1, 2012, which are expected to offset most state taxes during the 2015 fiscal year.
	ASC 740 requires the Company to recognize in its consolidated financial statements uncertainties in tax positions taken that may not be sustained upon examination by the taxing authorities. If interest or penalties are assessed, the Company would recognize these charges as income tax expense. The Company has not recorded any income tax expense or benefit for uncertain tax positions.

Note_9_Commitments_and_Conting

Note 9 - Commitments and Contingencies	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. COMMITMENTS AND CONTINGENCIES
	Litigation
	The Company may at times be involved in litigation in the ordinary course of business. The Company will, from time to time, when appropriate in management’s estimation, record adequate reserves in the Company’s consolidated financial statements for pending litigation. Currently, there are no pending material legal proceedings to which the Company is a party or to which any of its property is subject.
	Bonus Plan
	The Company has an incentive bonus plan for fiscal year 2015 designed to motivate its employees to achieve the Company’s financial objectives. All of the Company’s employees are entitled to participate in the incentive plan. Target Bonus Amounts (“Target”) vary based on a percentage of the employee’s base salary which range from 10% to 50% of base salary and a bonus payment may be made at three levels, including at 50% of Target, at 100% of Target and at 200% of Target, depending upon the achievement by the Company of specified earnings per share goals. Included in such calculation is the cost of the incentive plan. For purposes of the earnings per share calculation, the number of shares outstanding will be held constant as of October 1, 2014. During the three months ended March 31, 2015 and 2014, the Company accrued $152,819 and $338,151, respectively, for bonuses and related payroll tax expenses in connection with the bonus plans. During the six months ended March 31, 2015 and 2014, the Company accrued $323,098 and $338,151, respectively, in connection with the bonus plans.

Note_10_Sharebased_Compensatio

Note 10 - Share-based Compensation	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	10
	. SHARE-BASED COMPENSATION
	Stock Option Plans
	At March 31, 2015, the Company had two equity incentive plans. The 2005 Equity Incentive Plan (“2005 Equity Plan”) was terminated with respect to new grants in March 2015, but remains in effect for grants issued prior to that time. The 2015 Equity Incentive Plan (“2015 Equity Plan”) was approved by the Company’s Board of Directors on January 19, 2015 and by the Company’s stockholders on March 18, 2015. The 2015 Equity Plan authorizes for issuance as stock options, restricted stock, stock appreciation rights, restricted stock units and performance awards, an aggregate of 5,000,000 new shares of common stock to employees, directors, advisors or consultants. At March 31, 2015, there were options outstanding covering 2,992,535 and 80,000 shares of common stock under the 2005 Equity Plan and 2015 Equity Plan, respectively.
	Stock Option Activity
	The following table summarizes information about stock option activity during the six months ended March 31, 2015:
		Number			Weighted Average
		of Shares			Exercise Price
	Outstanding October 1, 2014		2,530,535		$	2.09
	Granted		664,500		$	2.77
	Forfeited/expired		(38,833	)	$	2.48
	Exercised		(83,667	)	$	2.39
	Outstanding March 31, 2015		3,072,535		$	2.25
	Exercisable March 31, 2015		2,430,233		$	2.23
	Options outstanding are exercisable at prices ranging from $0.93 to $3.17 and expire over the period from 2015 to 2023 with an average life of 5.8 years. The aggregate intrinsic value of options outstanding and exercisable at March 31, 2015 was $1,101,327 and $926,323, respectively.
	Share-Based Compensation
	The Company recorded share-based compensation expense and classified it in the condensed consolidated statements of income as follows:
		Three months ended							Six months ended
		March 31,							March 31,
		2015			2014				2015		2014
	Cost of revenue	$	6,851		$	4,409			$	11,671	$	6,467
	Selling, general and administrative		125,224			163,385				230,446		294,561
	Research and development		45,332			23,814				66,737		40,394
	Total	$	177,407		$	191,608			$	308,854	$	341,422
	The employee stock options granted in the six months ended March 31, 2015 and 2014 had a weighted-average estimated fair value of $1.13 per share and $0.85 per share, respectively, using the Black-Scholes option pricing model with the following weighted-average assumptions (annualized percentages):
		Six months ended
		March 31,
		2015				2014
	Volatility	51.00%	-	62.00%		54.00%	-	76.00%
	Risk-free interest rate	1.00%	-	1.60%		0.60%	-	2.00%
	Forfeiture rate		10.00%				10.00%
	Dividend yield		0.00%				0.00%
	Expected life in years	3.2	-	4.6		3.2		6.5
	The Company has never paid cash dividends and has no present intention to pay cash dividends. Expected volatility is based on the historical volatility of the Company’s common stock over the period commensurate with the expected life of the options. The risk-free interest rate is based on rates published by the Federal Reserve Board. The expected life is based on observed and expected time to post-vesting exercise. The expected forfeiture rate is based on past experience and employee retention data. Forfeitures are estimated at the time of the grant and revised in subsequent periods if actual forfeitures differ from those estimates or if the Company updates its estimated forfeiture rate. Such amounts will be recorded as a cumulative adjustment in the period in which the estimate is changed.
	Since the Company has an NOL carryforward as of March 31, 2015, no excess tax benefit for the tax deductions related to share-based awards was recognized for the six months ended March 31, 2015 and 2014. As of March 31, 2015, there was approximately $800,000 of total unrecognized compensation cost related to non-vested share-based employee compensation arrangements. The cost is expected to be recognized over a weighted-average period of 1.6 years.

Note_11_Stockholders_Equity

Note 11 - Stockholders' Equity	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	1
	1. STOCKHOLDERS’ EQUITY
	Summary
	The following table summarizes changes in the components of stockholders’ equity during the six months ended March 31, 2015:
																Accumulated
										Additional						Other		Total
		Common Stock					Treasury			Paid-in			Accumulated			Comprehensive		Stockholders'
		Shares			Amount		Stock			Capital			Deficit			Income/(Loss)		Equity
	Balances, September 30, 2014		33,236,489		$	332	$	-		$	88,049,125		$	(59,346,666	)	$	-	$	28,702,791
	Share-based compensation expense		-			-		-			308,854			-			-		308,854
	Issuance of common stock upon exercise		83,667			1		-			107,213			-			-		107,214
	of stock options , net
	Repurchase of common stock		(44,707	)		-		-			(101,634	)		-			-		(101,634	)
	Treasury shares		(24,506	)		-	$	(57,106	)		-			-			-		(57,106	)
	Other comprehensive income		-			-		-			-			-			1,098		1,098
	Net income		-			-		-			-			796,145			-		796,145
	Balances, March 31, 2015		33,250,943		$	333	$	(57,106	)	$	88,363,558		$	(58,550,521	)	$	1,098	$	29,757,362
	Stock Purchase Warrants
	At March 31, 2015, the Company had 1,627,945 shares purchasable under outstanding warrants at an exercise price of $2.67 which are exercisable through February 4, 2016.
	Share Buyback Program
	In July 2013, the Board of Directors approved a share buyback program under which the Company may repurchase up to $3 million of its outstanding common shares. In November 2013, the Board of Directors authorized the repurchase of an additional $1 million of the Company’s outstanding common shares. In November 2014, the expiration of the buyback program was extended from December 31, 2014 to December 31, 2015. During the six months ended March 31, 2015, 69,213 shares were repurchased.

Note_12_Income_Loss_Per_Share

Note 12 - Income (Loss) Per Share	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Earnings Per Share [Text Block]	12. INCOME (LOSS) PER SHARE
	The following table sets forth the computation of basic and diluted earnings per share:
		Three months ended				Six months ended
		March 31,				March 31,
		2015		2014		2015		2014
	Numerator:
	Income available to common stockholders	$	290,511	$	525,926	$	796,145	$	657,489
	Denominator:
	Weighted average common shares outstanding		33,253,719		33,133,915		33,244,929		33,080,702
	Assumed exercise of dilutive options and warrants		594,246		906,594		571,876		675,765
	Weighted average dilutive shares outstanding		33,847,965		34,040,509		33,816,805		33,756,467
	Basic income per common share	$	0.01	$	0.02	$	0.02	$	0.02
	Diluted income per common share	$	0.01	$	0.02	$	0.02	$	0.02
	Potentially dilutive securities outstanding at period end excluded from
	the diluted computation as the inclusion would have been antidilutive:
	Options		1,418,250		1,146,000		1,318,250		1,236,000
	Warrants		1,627,945		1,627,945		1,627,945		1,627,945
	Total		3,046,195		2,773,945		2,946,195		2,863,945

Note_13_Major_Customers

Note 13 - Major Customers	6 Months Ended
	Mar. 31, 2015
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	13. MAJOR CUSTOMERS
	For the three months ended March 31, 2015, revenues from three customers accounted for 21%, 17% and 15% of total revenues, respectively, and for the six months ended March 31, 2015, revenues from three customers accounted for 19%, 17% and 16% of total revenues, respectively, with no other single customer accounting for more than 10% of revenues. At March 31, 2015, accounts receivable from three customers accounted for 34%, 19% and 11% of total accounts receivable, respectively, with no other single customer accounting for more than 10% of the accounts receivable balance.
	For the three months ended March 31, 2014, revenues from one customer accounted for 25% of total revenues, and for the six months ended March 31, 2014, revenues from one customer accounted for 14% of revenues, with no other single customer accounting for more than 10% of revenues. At March 31, 2014, accounts receivable from three customers accounted for 29%, 17%, and 16% of total accounts receivable, respectively, with no other single customer accounting for more than 10% of the accounts receivable balance.

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	6 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	General
	The Company’s unaudited condensed consolidated financial statements included herein have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In our opinion, the accompanying statements reflect adjustments necessary to present fairly the financial position, results of operations, and cash flows for those periods indicated, and contain adequate disclosure to make the information presented not misleading. Adjustments included herein are of a normal, recurring nature unless otherwise disclosed in the footnotes. The condensed consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended September 30, 2014 included in the Company’s Annual Report on Form 10-K, as filed with the SEC on November 20, 2014. Results of operations for interim periods are not necessarily indicative of the results of operations for a full year.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
	The Company has a currently inactive wholly owned subsidiary, LRAD International Corporation, which the Company formed to conduct international marketing, sales and distribution activities. The condensed consolidated financial statements include the accounts of this subsidiary after elimination of intercompany transactions and accounts.
Reclassification, Policy [Policy Text Block]	Reclassifications
	Where necessary, the prior year’s information has been reclassified to conform to the current year presentation.
New Accounting Pronouncements, Policy [Policy Text Block]	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09,
	Revenue from Contracts with Customers
	(“ASU 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. generally accepted accounting principles when it becomes effective. ASU 2014-09 is effective for the Company starting in the first quarter of fiscal 2018. Early adoption is not permitted. In April 2015, the FASB voted to propose a deferral of the effective date of the new standard by one year, but to permit companies to adopt one year earlier if they choose. The proposed standard may be adopted using a full retrospective or a modified retrospective (cumulative effect) method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.
	In June 2014, the FASB issued ASU No. 2014-12,
	Compensation – Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period
	.
	The guidance requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. The guidance will be effective for the Company in the fiscal quarter beginning January 1, 2016, and early adoption is permitted. The Company is currently evaluating the impact of this guidance, if any, on its consolidated financial statements.
	In August 2014, the FASB issued ASU No. 2014-15,
	Presentation of Financial Statements – Going Concern
	(subtopic 205-40). The guidance requires disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The guidance will be effective for the Company in the fiscal quarter beginning January 1, 2017. The Company is currently evaluating the impact of this guidance, if any, on its consolidated financial statements.

Note_4_Fair_Value_Measurements1

Note 4 - Fair Value Measurements (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]				Unrealized			Fair		Cash and Cash		Short-term		Long-term
		Cost Basis		Gains/(Losses)			Value		Equivalents		Securities		Securities
	Level 1:
	Money Market Funds	$	31,618	$	-		$	31,618	$	31,618	$	-	$	-
	Level 2:
	Certificates of deposit		2,749,183		-			2,749,183		-		-		2,749,183
	Municipal securities		2,070,868		1,529			2,072,397		526,147		1,495,445		50,805
	Corporate bonds		251,073		(431	)		250,642		-		250,642		-
	Subtotal		5,071,124		1,098			5,072,222		526,147		1,746,087		2,799,988
	Total	$	5,102,742	$	1,098		$	5,103,840	$	557,765	$	1,746,087	$	2,799,988

Note_5_Inventories_Tables

Note 5 - Inventories (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Inventory, Current [Table Text Block]		March 31,			September 30,
		2015			2014
	Raw materials	$	4,130,283		$	3,462,869
	Finished goods		707,927			634,246
	Work in process		101,063			153,107
	Inventories, gross		4,939,273			4,250,222
	Reserve for obsolescence		(377,395	)		(354,486	)
	Inventories, net	$	4,561,878		$	3,895,736

Note_6_Property_and_Equipment_

Note 6 - Property and Equipment (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Property, Plant and Equipment [Table Text Block]		March 31,			September 30,
		2015			2014
	Machinery and equipment	$	935,298		$	903,798
	Office furniture and equipment		853,997			720,548
	Leasehold improvements		67,913			61,863
	Property and equipment, gross		1,857,208			1,686,209
	Accumulated depreciation		(1,443,301	)		(1,326,125	)
	Property and equipment, net	$	413,907		$	360,084
Depreciation Expense [Member]
Notes Tables
Property, Plant and Equipment [Table Text Block]		Six months ended
		March 31,
		2015			2014
	Depreciation expense	$	117,176		$	84,413

Note_7_Accrued_Liabilities_and1

Note 7 - Accrued Liabilities and Other Liabilities - Noncurrent (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]		March 31,			September 30,
		2015			2014
	Payroll and related	$	683,941		$	3,033,223
	Accrued contract costs		394,068			197,034
	Warranty reserve		310,258			288,480
	Deferred revenue		103,005			567,639
	Other		3,640			1,600
	Total	$	1,494,912		$	4,087,976
	Other liabilities - noncurrent consisted of the following:
	Deferred rent	$	129,210		$	131,719
	Extended warranty		16,978			25,831
	Total	$	146,188		$	157,550
Schedule of Product Warranty Liability [Table Text Block]		Three month ended						Six months ended
		March 31,						March 31,
		2015			2014			2015			2014
	Beginning balance	$	325,107		$	215,758		$	314,311		$	212,759
	Warranty provision		21,476			69,157			40,674			83,518
	Warranty settlements		(19,347	)		(24,707	)		(27,749	)		(36,069	)
	Ending balance	$	327,236		$	260,208		$	327,236		$	260,208
Warranty Reserves [Member]
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]		March 31,			September 30,			March 31,			September 30,
		2015			2014			2015			2014
	Short-term warranty reserve	$	310,258		$	288,480		$	310,258		$	288,480
	Long-term warranty reserve		16,978			25,831			16,978			25,831
	Total warranty reserve	$	327,236		$	314,311		$	327,236		$	314,311

Note_10_Sharebased_Compensatio1

Note 10 - Share-based Compensation (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]		Number			Weighted Average
		of Shares			Exercise Price
	Outstanding October 1, 2014		2,530,535		$	2.09
	Granted		664,500		$	2.77
	Forfeited/expired		(38,833	)	$	2.48
	Exercised		(83,667	)	$	2.39
	Outstanding March 31, 2015		3,072,535		$	2.25
	Exercisable March 31, 2015		2,430,233		$	2.23
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]		Three months ended							Six months ended
		March 31,							March 31,
		2015			2014				2015		2014
	Cost of revenue	$	6,851		$	4,409			$	11,671	$	6,467
	Selling, general and administrative		125,224			163,385				230,446		294,561
	Research and development		45,332			23,814				66,737		40,394
	Total	$	177,407		$	191,608			$	308,854	$	341,422
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]		Six months ended
		March 31,
		2015				2014
	Volatility	51.00%	-	62.00%		54.00%	-	76.00%
	Risk-free interest rate	1.00%	-	1.60%		0.60%	-	2.00%
	Forfeiture rate		10.00%				10.00%
	Dividend yield		0.00%				0.00%
	Expected life in years	3.2	-	4.6		3.2		6.5

Note_11_Stockholders_Equity_Ta

Note 11 - Stockholders' Equity (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Stockholders Equity [Table Text Block]																Accumulated
										Additional						Other		Total
		Common Stock					Treasury			Paid-in			Accumulated			Comprehensive		Stockholders'
		Shares			Amount		Stock			Capital			Deficit			Income/(Loss)		Equity
	Balances, September 30, 2014		33,236,489		$	332	$	-		$	88,049,125		$	(59,346,666	)	$	-	$	28,702,791
	Share-based compensation expense		-			-		-			308,854			-			-		308,854
	Issuance of common stock upon exercise		83,667			1		-			107,213			-			-		107,214
	of stock options , net
	Repurchase of common stock		(44,707	)		-		-			(101,634	)		-			-		(101,634	)
	Treasury shares		(24,506	)		-	$	(57,106	)		-			-			-		(57,106	)
	Other comprehensive income		-			-		-			-			-			1,098		1,098
	Net income		-			-		-			-			796,145			-		796,145
	Balances, March 31, 2015		33,250,943		$	333	$	(57,106	)	$	88,363,558		$	(58,550,521	)	$	1,098	$	29,757,362

Note_12_Income_Loss_Per_Share_

Note 12 - Income (Loss) Per Share (Tables)	6 Months Ended
	Mar. 31, 2015
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]		Three months ended				Six months ended
		March 31,				March 31,
		2015		2014		2015		2014
	Numerator:
	Income available to common stockholders	$	290,511	$	525,926	$	796,145	$	657,489
	Denominator:
	Weighted average common shares outstanding		33,253,719		33,133,915		33,244,929		33,080,702
	Assumed exercise of dilutive options and warrants		594,246		906,594		571,876		675,765
	Weighted average dilutive shares outstanding		33,847,965		34,040,509		33,816,805		33,756,467
	Basic income per common share	$	0.01	$	0.02	$	0.02	$	0.02
	Diluted income per common share	$	0.01	$	0.02	$	0.02	$	0.02
	Potentially dilutive securities outstanding at period end excluded from
	the diluted computation as the inclusion would have been antidilutive:
	Options		1,418,250		1,146,000		1,318,250		1,236,000
	Warrants		1,627,945		1,627,945		1,627,945		1,627,945
	Total		3,046,195		2,773,945		2,946,195		2,863,945

Note_4_Fair_Value_by_Major_Sec

Note 4 - Fair Value by Major Security Type (Details) (USD $)	Mar. 31, 2015
Long-term Securities	$2,799,988
Short-term Securities	1,746,087
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member] | Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	31,618
Fair Value	31,618
Cash and Cash Equivalents	31,618
Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit [Member] | Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	2,749,183
Fair Value	2,749,183
Long-term Securities	2,749,183
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	2,070,868
Fair Value	2,072,397
Cash and Cash Equivalents	526,147
Long-term Securities	50,805
Unrealized Gains	1,529
Short-term Securities	1,495,445
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	251,073
Fair Value	250,642
Unrealized Gains	-431
Short-term Securities	250,642
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	5,071,124
Fair Value	5,072,222
Cash and Cash Equivalents	526,147
Long-term Securities	2,799,988
Unrealized Gains	1,098
Short-term Securities	1,746,087
Fair Value, Measurements, Nonrecurring [Member]
Cost Basis	5,102,742
Fair Value	5,103,840
Cash and Cash Equivalents	557,765
Long-term Securities	2,799,988
Unrealized Gains	1,098
Short-term Securities	$1,746,087

Note_5_Schedule_of_Inventory_D

Note 5 - Schedule of Inventory (Details) (USD $)	Mar. 31, 2015	Sep. 30, 2014
Raw materials	$4,130,283	$3,462,869
Finished goods	707,927	634,246
Work in process	101,063	153,107
Inventories, gross	4,939,273	4,250,222
Reserve for obsolescence	-377,395	-354,486
Inventories, net	$4,561,878	$3,895,736

Note_6_Property_and_Equipment_1

Note 6 - Property and Equipment (Details) (USD $)	Mar. 31, 2015	Sep. 30, 2014
Machinery and equipment	$1,857,208	$1,686,209
Accumulated depreciation	-1,443,301	-1,326,125
Property and equipment, net	413,907	360,084
Machinery and Equipment [Member]
Machinery and equipment	935,298	903,798
Furniture and Fixtures [Member]
Machinery and equipment	853,997	720,548
Leasehold Improvements [Member]
Machinery and equipment	$67,913	$61,863

Note_6_Property_and_Equipment_2

Note 6 - Property and Equipment, Depreciation Expense (Details) (USD $)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Depreciation expense	$117,176	$84,413

Note_7_Summary_of_Accrued_Liab

Note 7 - Summary of Accrued Liabilities (Details) (USD $)	Mar. 31, 2015	Sep. 30, 2014
Payroll and related	$683,941	$3,033,223
Accrued contract costs	394,068	197,034
Short-term warranty reserve	310,258	288,480
Deferred revenue	103,005	567,639
Other	3,640	1,600
Total	1,494,912	4,087,976
Other liabilities - noncurrent consisted of the following:
Deferred rent	129,210	131,719
Long-term warranty reserve	16,978	25,831
Total	$146,188	$157,550

Note_7_Changes_in_Warranty_Res

Note 7 - Changes in Warranty Reserve (Details) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Beginning balance	$325,107	$215,758	$314,311	$212,759
Warranty provision	21,476	69,157	40,674	83,518
Warranty settlements	-19,347	-24,707	27,749	36,069
Ending balance	$327,236	$260,208	$327,236	$260,208

Note_7_Shortterm_and_Longterm_

Note 7 - Short-term and Long-term Warranty Reserves (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013
Short-term warranty reserve	$310,258		$288,480
Long-term warranty reserve	16,978		25,831
Total warranty reserve	$327,236	$325,107	$314,311	$260,208	$215,758	$212,759

Note_8_Income_Taxes_Details_Te

Note 8 - Income Taxes (Details Textual)	6 Months Ended
	Mar. 31, 2015
Effective Income Tax Rate Reconciliation, Percent	0.00%

Note_9_Commitments_and_Conting1

Note 9 - Commitments and Contingencies (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Target Bonus Amounts of Percentage of Employee Base Salary, Minimum	10.00%		10.00%
Target Bonus Amounts of Percentage of Employee Base Salary Maximum	50.00%		50.00%
Level 1 [Member]
Payment of Bonus as Percentage			50.00%
Level 2 [Member]
Payment of Bonus as Percentage			100.00%
Level 3 [Member]
Payment of Bonus as Percentage			200.00%
Bonuses and Related Payroll Tax Expense [Member]
Increase (Decrease) in Other Employee Related Liabilities	$152,819	$338,151	$323,098	$338,151

Note_10_Sharebased_Compensatio2

Note 10 - Share-based Compensation (Details Textual) (USD $)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Sep. 30, 2014	Mar. 18, 2015
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$0	$0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	3,072,535		2,530,535
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$2.25		$2.09
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	5 years 292 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	1,101,327
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	926,323
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$1.13	$0.85
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$800,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 219 days
2015 Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized				5,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	80,000
The 2005 Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	2,992,535
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$0.93
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$3.17

Note_10_Sharebased_Compensatio3

Note 10 - Share-based Compensation (Details) (USD $)	6 Months Ended
	Mar. 31, 2015
Outstanding October 1, 2014 (in shares)	2,530,535
Outstanding October 1, 2014 (in dollars per share)	$2.09
Granted (in shares)	664,500
Granted (in dollars per share)	$2.77
Forfeited/expired (in shares)	-38,833
Forfeited/expired (in dollars per share)	$2.48
Exercised (in shares)	-83,667
Exercised (in dollars per share)	$2.39
Outstanding March 31, 2015 (in shares)	3,072,535
Outstanding March 31, 2015 (in dollars per share)	$2.25
Exercisable March 31, 2015 (in shares)	2,430,233
Exercisable March 31, 2015 (in dollars per share)	$2.23

Note_10_Summary_of_Sharebased_

Note 10 - Summary of Share-based Compensation Expense (Details) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Cost of revenue	$177,407	$191,608	$308,854	$341,422
Cost of Sales [Member]
Cost of revenue	6,851	4,409	11,671	6,467
Selling, General and Administrative Expenses [Member]
Cost of revenue	125,224	163,385	230,446	294,561
Research and Development Expense [Member]
Cost of revenue	$45,332	$23,814	$66,737	$40,394

Note_10_Weightedaverage_Assump

Note 10 - Weighted-average Assumptions (Details)	6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
	Rate	Rate
Forfeiture rate	10.00%	10.00%
Dividend yield	0.00%	0.00%
Minimum [Member]
Volatility	51.00%	54.00%
Risk-free interest rate	1.00%	0.60%
Expected life in years	3 years 73 days	3 years 73 days
Maximum [Member]
Volatility	62.00%	76.00%
Risk-free interest rate	1.60%	2.00%
Expected life in years	4 years 219 days	6 years 182 days

Note_11_Stockholders_Equity_De

Note 11 - Stockholders' Equity (Details Textual) (USD $)	6 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Nov. 30, 2013	Jul. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	4-Feb-16
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	1,627,945
Class of Warrant or Right, Exercise Price of Warrants or Rights	$2.67
Stock Repurchased During Period, Shares	69,213
Share Buyback Program [Member]
Stock Repurchase Program, Authorized Amount		$1	$3

Note_11_Summary_of_Changes_in_

Note 11 - Summary of Changes in Stockholders' Equity (Details) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balances at Sep. 30, 2014	$332	$88,049,125	($59,346,666)			$28,702,791
Balances (in shares) at Sep. 30, 2014	33,236,489
Share-based compensation expense		308,854				308,854
Issuance of common stock upon exercise of stock options , net (in shares)	83,667					83,667
Issuance of common stock upon exercise of stock options , net	1	107,213				107,214
Repurchase of common stock (in shares)	-44,707
Repurchase of common stock		-101,634				-101,634
Treasury shares (in shares)	-24,506
Treasury shares				-57,106		-57,106
Other comprehensive income					1,098	1,098
Net income			796,145			796,145
Balances at Mar. 31, 2015	$333	$88,363,558	($58,550,521)	($57,106)	$1,098	$29,757,362
Balances (in shares) at Mar. 31, 2015	33,250,943

Note_12_Basic_and_Diluted_Earn

Note 12 - Basic and Diluted Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Numerator:
Income available to common stockholders	$290,511	$525,926	$796,145	$657,489
Denominator:
Weighted average common shares outstanding (in shares)	33,253,719	33,133,915	33,244,929	33,080,702
Assumed exercise of dilutive options and warrants (in shares)	594,246	906,594	571,876	675,765
Weighted average dilutive shares outstanding (in shares)	33,847,965	34,040,509	33,816,805	33,756,467
Basic income per common share (in dollars per share)	$0.01	$0.02	$0.02	$0.02
Diluted income per common share (in dollars per share)	$0.01	$0.02	$0.02	$0.02
Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:
Options (in shares)	3,046,195	2,773,945	2,946,195	2,863,945
Equity Option [Member]
Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:
Options (in shares)	1,418,250	1,146,000	1,318,250	1,236,000
Warrant [Member]
Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:
Options (in shares)	1,627,945	1,627,945	1,627,945	1,627,945

Note_13_Major_Customers_Detail

Note 13 - Major Customers (Details Textual) (Customer Concentration Risk [Member])	3 Months Ended		6 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Sales Revenue, Net [Member] | Customer 1 [Member]
Concentration Risk, Percentage	21.00%	25.00%	19.00%	14.00%
Sales Revenue, Net [Member] | Customer 2 [Member]
Concentration Risk, Percentage	17.00%		17.00%
Sales Revenue, Net [Member] | Customer 3 [Member]
Concentration Risk, Percentage	15.00%		16.00%
Sales Revenue, Net [Member]
Number of Customers Attaining Specified Percentage of Revenue	3	1	3	1
Accounts Receivable [Member] | Customer 1 [Member]
Concentration Risk, Percentage			34.00%	29.00%
Accounts Receivable [Member] | Customer 2 [Member]
Concentration Risk, Percentage			19.00%	17.00%
Accounts Receivable [Member] | Customer 3 [Member]
Concentration Risk, Percentage			11.00%	16.00%
Accounts Receivable [Member]
Number of Customers Attaining Specified Percentage of Accounts Receivable			3	3