v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net sales:        
Total net sales $ 26,731,981 $ 24,144,832 $ 70,904,093 $ 62,049,775
Cost of sales:        
Total cost of sales 12,924,415 15,562,597 33,777,272 35,589,860
Gross profit 13,807,566 8,582,235 37,126,821 26,459,915
Operating expenses:        
Research and development 1,877,680 916,829 4,994,643 2,891,793
Selling, general and administrative 5,901,260 4,151,074 14,867,731 11,725,652
Total operating expenses 7,778,940 5,067,903 19,862,374 14,617,445
Operating income 6,028,626 3,514,332 17,264,447 11,842,470
Interest expense (1,017,073) (407,459) (2,022,004) (1,221,926)
Interest income 5,585 4,623 13,408 14,501
Other income     64,100 6
Income before income taxes 5,017,138 3,111,496 15,319,951 10,635,051
Income tax expense 527,815 667,682 3,337,473 2,118,703
Net income $ 4,489,323 $ 2,443,814 $ 11,982,478 $ 8,516,348
Net income per common share:        
Basic (in dollars per share) $ 0.25 $ 0.14 $ 0.67 $ 0.49
Diluted (in dollars per share) $ 0.25 $ 0.14 $ 0.66 $ 0.48
Weighted average shares outstanding:        
Basic (in shares) 17,883,090 17,601,814 17,792,981 17,554,824
Diluted(in shares) 18,270,332 17,835,748 18,212,038 17,709,795
Product        
Net sales:        
Total net sales $ 17,516,767 $ 16,601,648 $ 45,391,826 $ 39,765,914
Cost of sales:        
Total cost of sales 8,587,572 11,548,790 22,436,958 23,087,398
Services        
Net sales:        
Total net sales 9,215,214 7,543,184 25,512,267 22,283,861
Cost of sales:        
Total cost of sales $ 4,336,843 $ 4,013,807 $ 11,340,314 $ 12,502,462