Annual report pursuant to Section 13 and 15(d)

INVENTORY NET

INVENTORY NET

12 Months Ended

Sep. 30, 2011

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

NOTE 6 —

INVENTORY, NET

Inventory as of September 30, 2010 consisted of the following:

	As of
	September 30,
	2010

Inventory (principally parts and system components)	$	707
Less: reserve for obsolete inventory		(150	)

Inventory	$	557

On September 30, 2011 the Company sold all of its remaining inventory to a purchaser that acquired certain assets and assumed certain contractual obligations to service specific contracts. Any consideration that the Company may receive is contingent upon the purchaser's ability to generate revenue in future periods. Accordingly, the Company recorded $656 as a component of its operating loss for the year ended September 30, 2011.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References + Details