v3.8.0.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net sales	$ 734,515	$ 825,176	$ 1,521,431	$ 1,604,550
Cost of goods sold	472,713	552,466	971,255	1,082,739
Gross profit	261,802	272,710	550,176	521,811
Selling, general and administrative expenses	333,611	320,872	660,113	659,623
Loss from operations	(71,809)	(48,162)	(109,937)	(137,812)
Other expense, net	(1,117)	(2,215)	(3,796)	(5,764)
Loss before income taxes	(72,926)	(50,377)	(113,733)	(143,576)
Provision for income taxes	50	0	50	0
Net loss	$ (72,976)	$ (50,377)	$ (113,783)	$ (143,576)
Per share data:
Basic and diluted loss per common share	$ (0.03)	$ (0.02)	$ (0.04)	$ (0.06)
Shares used in computing net loss per common share:
Basic and diluted	2,579,681	2,580,434	2,579,683	2,580,724

Total costs related to goods produced and sold during the reporting period.

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

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Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.

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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

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The net result for the period of deducting operating expenses from operating revenues.

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Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.

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The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

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MICROWAVE FILTER CO INC /NY/ 10-Q