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Loss per Share
 12 Months Ended
Sep. 30, 2012
Loss per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings (Loss) Per Share

The following table provides the components of the basic and diluted earnings (loss) per share (EPS) computations:

 
 
2012
 
2011
 
2010
Basic EPS Computation
 


 


 


Net loss
 
$
(1,380,345
)
 
$
(11,459,946
)
 
$
(1,249,758
)
Weighted average shares outstanding
 
4,481,239

 
4,488,526

 
4,535,617

Basic loss per share
 
$
(.31
)
 
$
(2.55
)
 
$
(.28
)
 
 

 

 

Diluted EPS Computation
 

 

 

Net loss
 
$
(1,380,345
)
 
$
(11,459,946
)
 
$
(1,249,758
)
Weighted average shares outstanding
 
4,481,239

 
4,488,526

 
4,535,617

Stock options
 
—

 
—

 
—

Stock compensation arrangements
 
—

 
—

 
—

Diluted shares outstanding
 
4,481,239

 
4,488,526

 
4,535,617

Diluted loss per share
 
$
(.31
)
 
$
(2.55
)
 
$
(.28
)


For fiscal years 2012, 2011 and 2010, 11,163, 42,759 and 71,438 shares, respectively, have been omitted from the calculation of diluted EPS as their effect would have been antidilutive.