| Condensed Consolidated Statements of Operations | |||||||
| Three Months Ended | Year Ended | ||||||
| September 30, | September 30, | ||||||
| 2006 | 2005 | 2006 | 2005 | ||||
| Net sales | $5,462,000 | $5,294,000 | $17,608,000 | $18,311,000 | |||
| Cost of sales | 4,141,000 | 3,969,000 | 12,954,000 | 14,803,000 | |||
| Gross profit | 1,321,000 | 1,325,000 | 4,654,000 | 3,508,000 | |||
| Selling, general and administrative | 788,000 | 663,000 | 3,550,000 | 2,694,000 | |||
| Impairment losses | -- | 783,000 | -- | 840,000 | |||
| 788,000 | 1,446,000 | 3,550,000 | 3,534,000 | ||||
| Operating income (loss) from continuing operations | 533,000 | -121,000 | 1,104,000 | -26,000 | |||
| Other income (expense) | |||||||
| Interest and financing expense | -518,000 | -151,000 | -2,312,000 | -829,000 | |||
| Non-cash interest and financing fees | -- | -626,000 | -1,273,000 | -1,547,000 | |||
| Other (expenses) income, net | -52,000 | -7,000 | 301,000 | -11,000 | |||
| -570,000 | -784,000 | -3,284,000 | -2,388,000 | ||||
| Loss from continuing operations before income taxes | -37,000 | -905,000 | -2,180,000 | -2,413,000 | |||
| Provision for income taxes | 65,000 | -- | 65,000 | 275,000 | |||
| Loss from continuing operations | -102,000 | -905,000 | -2,245,000 | -2,688,000 | |||
| Discontinued operations | |||||||
| Loss on disposal of discontinued operations | -- | -5,966,000 | -- | -5,966,000 | |||
| Gain (loss) from discontinued operations | 64,000 | -2,802,000 | -1,461,000 | -6,519,000 | |||
| 64,000 | -8,768,000 | -1,461,000 | -12,485,000 | ||||
| Net loss | ($38,000) | ($9,673,000) | ($3,706,000) | ($15,173,000) | |||
| Loss from continuing operations per share - basic | $ -- | ($0.05) | ($0.11) | ($0.14) | |||
| Loss from discontinued operations per share - basic | -- | -0.45 | -0.08 | -0.65 | |||
| Net loss per share | $ -- | ($0.50) | ($0.19) | ($0.79) | |||
| Weighted average shares outstanding | 20,788,000 | 19,225,000 | 19,810,000 | 19,189,000 | |||
| Condensed Consolidated Balance Sheet Data | |||||||
| September 30, | September 30, | ||||||
| 2006 | 2005 | ||||||
| Assets | |||||||
| Current assets | $3,463,000 | $3,303,000 | |||||
| Property, plant and equipment (net) | 5,807,000 | 5,512,000 | |||||
| Other assets | 232,000 | 585,000 | |||||
| Assets related to discontinued operations | 7,000 | 3,720,000 | |||||
| $9,509,000 | $13,120,000 | ||||||
| Liabilities and Stockholders’ (Deficit) | |||||||
| Current liabilities | $4,045,000 | $9,340,000 | |||||
| Notes payable, non-current | 10,874,000 | 4,386,000 | |||||
| Capital lease obligations, non-current | 1,615,000 | 1,298,000 | |||||
| Deferred gain on sale leaseback | 343,000 | 380,000 | |||||
| Obligations due under lease settlement | 630,000 | -- | |||||
| Liabilities related to discontinued operations | 3,415,000 | 6,402,000 | |||||
| Stockholders’ equity | -11,413,000 | -8,686,000 | |||||
| $9,509,000 | $13,120,000 | ||||||