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Loss per Share
 12 Months Ended
Sep. 30, 2017
Loss per Share [Abstract]  
Earnings Per Share [Text Block]
Loss Per Share

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

 
 
2017
 
2016
Basic EPS Computation
 
 
 
 
Net loss
 
$
(7,011,580
)
 
$
(12,773,984
)
Weighted average shares outstanding
 
9,348,388

 
9,341,030

Basic loss per share
 
$
(.75
)
 
$
(1.37
)
 
 
 
 
 
Diluted EPS Computation
 
 
 
 
Net loss
 
$
(7,011,580
)
 
$
(12,773,984
)
Weighted average shares outstanding
 
9,348,388

 
9,341,030

Stock options
 
—

 
—

Stock compensation arrangements
 
—

 
—

Diluted shares outstanding
 
9,348,388

 
9,341,030

Diluted loss per share
 
$
(.75
)
 
$
(1.37
)


For fiscal years 2017 and 2016, all outstanding stock options, warrants and shares issuable under stock compensation arrangements totaling 2,043,090 and 623,587 shares, respectively, 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.