Stock Based Compensation (Tables)

6 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The weighted average assumptions for the stock option grant during the six months ended March 31, 2015 used in the Black-Scholes option pricing model were as follows:

	Six Months Ended
	March 31, 2015
Expected term in years		3 years
Risk-free interest rate		0.77	%
Expected volatility		89.46	%
Expected dividend yield		0.00	%

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of stock option activity for the six months ended March 31, 2015 is presented below:

	Options Outstanding		Weighted Average Exercise Price per Share		Weighted Average Remain Contractual Term (in Years)
Balance at September 30, 2014		430,532	$	3.33		0.31
Granted		36,232		1.82		2.84
Exercised		-		-
Cancelled		(408,552)		3.99
Balance at March 31, 2015		58,212	$	2.28		2.47
Outstanding and exercisable at March 31, 2015		58,212	$	2.28		2.47

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

summary of restricted stock activity for the six months ended March 31, 2015 is presented below:

Restricted Stock Activity for the Six Months ended March 31, 2015	Shares		Weighted-Average Grant-Date Fair Value
Nonvested at September 30, 2014		54,000	$	1.04
Granted		-	$	-
Vested		(27,000)	$	1.04
Cancelled		-	$	-
Nonvested at March 31, 2015		27,000	$	1.04

Schedule Of Stock Compensation Expense [Table Text Block]

Stock Compensation Expense for the three and six months ended March 31, 2015 and 2014 is as follows:

	Three Months Ended		Three Months Ended
Stock Compensation Expense	March 31, 2015		March 31, 2014
Stock Grants	$	80,000	$	51,000
Restricted Stock Grants		7,000		68,000
Option Grants		4,000		-
Employee Stock Purchase Plan		1,000		1,000
Total	$	92,000	$	120,000

	Six Months Ended		Six Months Ended
Stock Compensation Expense	March 31, 2015		March 31, 2014
Stock Grants	$	137,000	$	101,000
Restricted Stock Grants		14,000		137,000
Option Grants		4,000		-
Employee Stock Purchase Plan		2,000		1,000
Total	$	157,000	$	239,000