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Loss per Share
12 Months Ended
Sep. 30, 2014
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:

 
 
2014
 
2013
Basic EPS Computation
 


 


Net income (loss)
 
$
(7,925,412
)
 
$
18,648

Weighted average shares outstanding
 
4,918,720

 
4,495,539

Basic earnings (loss) per share
 
$
(1.61
)
 
$

 
 

 

Diluted EPS Computation
 

 

Net income (loss)
 
$
(7,925,412
)
 
$
18,648

Weighted average shares outstanding
 
4,918,720

 
4,495,539

Stock options
 

 

Stock compensation arrangements
 

 
10,663

Diluted shares outstanding
 
4,918,720

 
4,506,202

Diluted earnings (loss) per share
 
$
(1.61
)
 
$



For fiscal year 2014, all outstanding stock options and shares issuable under stock compensation arrangements totaling 1,042,740 shares have been omitted from the calculation of diluted EPS as their effect would have been antidilutive. The actual effect of these stock options and shares, if any, on the diluted earnings per share calculation will vary significantly depending on fluctuations in the market price of the Company's stock.