Quarterly report pursuant to Section 13 or 15(d)

15. Segment Reporting (Tables)

v3.5.0.2
15. Segment Reporting (Tables)
9 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment reporting

    Three Months Ended June 30,     Nine Months Ended June 30,  
    2016     2015     2016     2015  
Revenues                                
Marketplace platform   $ 508,099     $ 2,565,330     $ 5,284,851     $ 14,042,094  
Manufacturing     19,243,019             53,881,143        
Services     243,245       374,075       772,726       1,168,342  
    $ 19,994,363     $ 2,939,405     $ 59,938,720     $ 15,210,436  
                                 
Gross profit                                
Marketplace platform   $ (616,754 )   $ 809,253     $ 1,233,705     $ 5,268,391  
Manufacturing     5,483,896             15,143,363        
Services     232,272       333,793       738,420       1,046,707  
    $ 5,099,414     $ 1,143,046     $ 17,115,488     $ 6,315,098  
                                 
Operating income (loss)                                
Marketplace platform   $ (2,228,857 )   $ (4,414,858 )   $ (4,378,431 )   $ (6,954,605 )
Manufacturing     3,055,516             6,946,781        
Services     230,559       271,221       734,598       853,739  
    $ 1,057,218     $ (4,143,637 )   $ 3,302,948     $ (6,100,866 )
                                 
Depreciation and amortization                                
Marketplace platform   $ 65,404     $ 165,205     $ 201,647     $ 490,659  
Manufacturing     496,591             1,421,366        
Services           3,347             10,040  
    $ 561,995     $ 168,552     $ 1,623,013     $ 500,699  
                                 
Interest Expenses                                
Marketplace platform   $ 10,346     $ 5,678     $ 121,319     $ 4,202,622  
Manufacturing     259,661             829,157        
Services                        
    $ 270,007     $ 5,678     $ 950,476     $ 4,202,622  
                                 
Provision for income taxes                                
Marketplace platform   $ (12,254,278 )   $     $ (12,254,278 )   $  
Manufacturing                 413,980        
Services                        
    $ (12,254,278 )   $     $ (11,840,298 )   $  
                                 
Net income (loss)                                
Marketplace platform   $ 10,680,437     $ (4,479,612 )   $ 8,935,139     $ (11,104,784 )
Manufacturing     2,457,201             5,229,753        
Services     230,559       271,221       722,155       853,739  
    $ 13,368,197     $ (4,208,391 )   $ 14,887,047     $ (10,251,045 )

 

    As of     As of  
    June 30,     September 30,  
    2016     2015  
Total Assets                
Marketplace platform   $ 15,140,362     $ 6,811,977  
Manufacturing     36,823,082       33,714,344  
Services     108,869       138,035  
    $ 52,072,313     $ 40,664,356  
                 
Intangible assets                
Marketplace platform   $ 1,343,138     $ 1,516,930  
Manufacturing     800,000       800,000  
Services            
    $ 2,143,138     $ 2,316,930