Stock Based Compensation (Tables)

6 Months Ended

Mar. 31, 2016

Schedule Of Stock Compensation Expense [Table Text Block]

Stock compensation expense for the three and six months ended March 31, 2016 and 2015 is as follows:

	Three Months Ended		Three Months Ended
Stock Compensation Expense	March 31, 2016		March 31, 2015
Stock Grants	$	102,000	$	80,000
Restricted Stock Grants		11,000		7,000
Option Grants		10,000		4,000
Employee Stock Purchase Plan		1,000		1,000
Subsidiary Option Grants		19,000		-
Total	$	143,000	$	92,000

	Six Months Ended		Six Months Ended
Stock Compensation Expense	March 31, 2016		March 31, 2015
Stock Grants		185,000	$	137,000
Restricted Stock Grants		19,000		14,000
Option Grants		17,000		4,000
Employee Stock Purchase Plan		1,000		2,000
Subsidiary Option Grants		40,000		-
Total	$	262,000	$	157,000

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

A summary of restricted stock activity for the six months ended March 31, 2016 is presented below:

Restricted Stock Activity for the Six Months ended March 31, 2016	Shares		Weighted-Average Grant-Date Fair Value
Nonvested at September 30, 2015		27,000	$	1.04
Granted		100,000		1.73
Vested		(27,000)		1.04
Cancelled		-		-
Nonvested at March 31, 2016		100,000	$	1.73

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

The weighted average assumptions used in the Black-Scholes option pricing model for the stock option grant during the six months ended March 31, 2016 were as follows:

	Six Months Ended March 31, 2016
Expected term in years		3 years
Risk-free interest rate		1.05	%
Expected volatility		78.53	%
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, 2016 is presented below:

	Options Outstanding		Weighted Average Exercise Price per Share		Weighted Average Remain Contractual Term (in Years)
Balance at September 30, 2015		58,212	$	2.28		1.96
Outstanding and exercisable at September 30, 2015		58,212	$	2.28		1.96
Granted		64,935		2.33		2.84
Exercised		-		-
Cancelled		-		-
Balance at March 31, 2016		123,147	$	2.30		2.19
Outstanding and exercisable at March 31, 2016		123,147	$	2.30		2.19

Subsidiary Option Grants [Member]

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

The weighted average assumptions for grants during the six months ended March 31, 2016 used in the Black-Scholes option pricing model were as follows:

 

Expected term in years	10 years
Risk-free interest rate	2.02	%
Expected volatility	82.96	%
Expected dividend yield	0.00	%

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

A summary of Xcede stock option activity for the six months ended March 31, 2016 is presented below:

	Options Outstanding		Weighted Average Exercise Price per Share		Weighted Average Remain Contractual Term (in Years)
Balance at September 30, 2015		780,258	$	1.00		8.85
Outstanding and exercisable at September 30, 2015		180,293	$	1.00		8.50
Granted		102,587	$	1.00
Exercised		-		-
Cancelled		(315,024)	$	1.00
Balance at March 31, 2016		567,821	$	1.00		8.74
Outstanding and exercisable at March 31, 2016		227,773	$	1.00		8.07