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Credit and Term Loan Agreements (Tables)
12 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Fair Value of Warrants Using Black-Scholes Valuation Model and Straight-line Attribution Using Weighted Average Assumptions

The fair value for the warrants was determined at the date of issuance using the Black-Scholes valuation model and the straight-line attribution approach using the following weighted average assumptions (see Note 1 for further discussion of Black Scholes valuation method):

 

    2017  
Risk-free interest rate     1.4 %
Dividend yield     0.0 %
Volatility factor     125.6 %
Weighted average expected life     3.0 years  

Schedule of Changes in Outstanding Warrants

Changes in outstanding warrants for the two years ended September 30, 2018 are as follows:

 

Warrants   Number of Warrants    

Weighted Average Exercise

Price

   

Weighted

Average

Remaining

Contractual Term (in years)

    Aggregate Intrinsic Value  
Outstanding at September 30, 2016                            
Warrants granted     1,500,000     $ 0.40                  
Warrants exercised                            
Warrants forfeited                            
Outstanding at September 30, 2017     1,500,000                        
Warrants granted                            
Warrants exercised                            
Warrants forfeited                            
Outstanding at September 30, 2018     1,500,000     $ 0.40       1.6     $  
Exercisable at September 30, 2018     1,500,000     $ 0.40       1.6     $