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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of each stock option on the date of grant was estimated using a Black-Scholes option-pricing formula applying the following assumptions for each respective period:
 
 
Fiscal Years Ended September 30,
 
 
 
2014
 
2013
 
Risk free interest rate
 
1.86
%
0.06% to 0.70
%
Expected term (years)
 
6.00
 
5.00
 
Expected volatility
 
63.2
%
70% to 70.4
%
Expected dividends
 
0
%
0
%
Estimated annual forfeiture rate
 
10
%
0% to 10
%
Schedule Of Share-Based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option activity during the fiscal years ended September 30, 2014 and 2013:
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
Average
 
 
 
 
 
 
 
 
 
Average
 
Remaining
 
 
 
 
 
 
Number of
 
Exercise
 
Life
 
Intrinsic
 
 
 
Options
 
Price
 
In Years
 
Value
 
Outstanding, September 30, 2012
 
 
1,142,000
 
$
3.31
 
 
 
 
 
 
 
Granted
 
 
120,000
 
 
3.14
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
(365,000)
 
 
3.43
 
 
 
 
 
 
 
Outstanding, September 30, 2013
 
 
897,000
 
$
3.24
 
 
 
 
 
 
 
Granted
 
 
32,500
 
 
1.59
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
 
 
 
Forfeited
 
 
(151,000)
 
 
3.50
 
 
 
 
 
 
 
Outstanding, September 30, 2014
 
 
778,500
 
$
2.70
 
 
5.4
 
$
12,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, September 30, 2014
 
 
642,582
 
$
2.96
 
 
4.5
 
$
6,000
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
 
The table below provides additional information regarding stock option awards that were outstanding and exercisable at September 30, 2014:
Options Outstanding
 
Options Exercisable
 
 
 
 
 
Weighted
 
 
 
 
 
Outstanding
 
Average
 
Exercisable
 
Exercise
 
Number of
 
Remaining Life
 
Number of
 
Price
 
Options
 
In Years
 
Options
 
 
 
 
 
 
 
 
 
 
 
 
$1.23 to $1.80
 
 
105,000
 
 
7.1
 
 
80,000
 
$2.02 to $2.85
 
 
271,000
 
 
2.0
 
 
268,000
 
$3.00 to $3.79
 
 
322,500
 
 
6.5
 
 
264,582
 
$5.31
 
 
50,000
 
 
-
 
 
-
 
$6.02
 
 
20,000
 
 
1.6
 
 
20,000
 
$15.91
 
 
10,000
 
 
0.6
 
 
10,000
 
 
 
 
778,500
 
 
 
 
 
642,582
 
Schedule Of Share-Based Compensation, Restricted Stock Units Award Activity [Table Text Block]
The following table summarizes restricted stock activity during the fiscal years ended September 30, 2014 and 2013:
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
Average
 
Total
 
 
 
Number of
 
 
Grant Date
 
Grant Date
 
 
 
Shares
 
 
Fair Value
 
Fair Value
 
Non-vested, September 30, 2012
 
 
7,500
 
$
2.02
 
$
15,150
 
Granted
 
 
371,375
 
 
1.16
 
 
430,795
 
Vested
 
 
(7,500)
 
 
2.02
 
 
(15,150)
 
Forfeited
 
 
-
 
 
-
 
 
-
 
Non-vested, September 30, 2013
 
 
371,375
 
$
1.16
 
$
430,795
 
Granted
 
 
95,000
 
 
1.59
 
 
151,450
 
Vested
 
 
(123,794)
 
 
1.16
 
 
(143,601)
 
Forfeited
 
 
(85,000)
 
 
1.16
 
 
(98,600)
 
Non-vested, September 30, 2014
 
 
257,581
 
$
1.32
 
$
340,044