date:Nov 14, 2013
sult of the increase in revenues.
For the three months ended September 30, 2013, net income was $516,000 as compared to $236,000 for the three months ended September 30, 2012. The increase of $280,000 was attributable to the increase in income before income taxes of $366,000, offset by an increase in income tax provision of $86,000.
As of September 30, 2013, the Company's cash and cash equivalents were approximately $4.4 million and working capital was approximately $1.5 million as compared to