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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Sep. 30, 2014
Stockholders Equity Note [Abstract]  
Schedule Of Stockholders Equity [Table Text Block]
The fair value of the Warrants was determined using a Black-Scholes closed-form call option pricing model, which is considered a level 3 instrument under the fair value hierarchy. The fair value of the Warrants were estimated using the following weighted average assumptions during the fiscal years ended September 30, 2014 and 2013:
 
 
 
Fiscal Years Ended September 30,
 
 
 
2014
 
2013
 
Risk free interest rate
 
2.7
%
2.6
%
Expected term (years)
 
9.8
 
10.3
 
Expected volatility
 
32.9
%
30.0
%
Expected dividends
 
0.0
%
0.0
%
               
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The change in the fair value of the convertible preferred stock warrant liability (net of issuance costs) for the years ended September 30, 2014 and 2013 is summarized below:
 
 
 
Warrant Liabilities
 
Balance - September 30, 2012
 
$
-
 
Issuance of convertible preferred stock warrant
 
 
542,741
 
Change in fair value
 
 
(49,618)
 
Balance - September 30, 2013
 
 
493,123
 
Change in fair value
 
 
136,258
 
Reclassification of warrants to equity
 
 
(629,381)
 
Balance - September 30, 2014
 
$
-
 
Schedule Of Fair Value Hierarchy For Liabilities Consisting Of Warrant Liability Measured At Fair Value Prior To Issuance Costs [Table Text Block]
The following table presents the Company’s fair value hierarchy for warrant liabilities measured at fair value and prior to issuance costs, on a recurring basis at September 30, 2013:
 
 
 
As of September 30, 2013
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrant liabilities
 
$
-
 
$
-
 
$
493,123
 
$
493,123
 
Total liabilities
 
$
-
 
$
-
 
$
493,123
 
$
493,123