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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Sep. 30, 2012
STOCK-BASED COMPENSATION [Abstract]  
Fair Value Assumptions

The weighted-average assumptions used to compute the fair value of options granted for the fiscal years ended September 30 were as follows:

 

    2012   2011
Risk-free interest rate   1.39%   3.08%
Dividend yield   0.00%   0.00%
Volatility of the expected market price of the Company's common stock   93.00%- 97.00%   90.00%-91.00%
Expected life of the options (years)   7.0 - 8.0   8.0
Summary of Stock Option Activity

A summary of our stock option activity for all options and related information for the years ended September 30, 2012 and 2011, respectively, is as follows (in thousands except for share prices):

 

    Options
(shares)		     Weighted-
Average
Exercise Price		     Weighted-
Average Grant
Date Fair Value		     Weighted-Average
Remaining
Contractual Life
(Years)		     Aggregate
Intrinsic
Value		  
                               
Outstanding - October 1, 2010     705     $ 2.66                          
Exercised     -     $ -                          
Granted     27     $ 2.24     $ 1.84                  
Terminated     (59 )   $ 2.54                          
Outstanding - September 30, 2011     673     $ 2.65     $ 1.83       7.2     $ 69  
                                         
                                         
Outstanding - October 1, 2011     673     $ 2.65                          
Exercised     -     $ -                          
Granted     200     $ 1.30     $ 1.05                  
Terminated     (519 )   $ 2.58                          
Outstanding - September 30, 2012     354     $ 1.99     $ 1.46       8.0     $ 42  
                                         
Exercisable at September 30, 2012     94     $ 3.83     $ 2.59       5.3     $ 7  
Summary of Non-Vested Options

A summary of non-vested options for the year ended September 30, 2012 is as follows:

 

    Number of
Shares		     Weighted-
Average Grant
Date Fair Value		  
             
Non-vested options at October 1, 2011     385     $ 1.14  
Granted     200     $ 1.05  
Vested     (128 )   $ 1.25  
Forfeited     (197 )   $ 1.09  
Non-vested options at September 30, 2012     260     $ 1.06  
Schedule of Outstanding and Exercisable Options

The following table summarizes outstanding and exercisable options as of September 30, 2012 (in thousands except per share amounts):

 

Range of Exercise Prices   Shares
Outstanding		     Weighted-
Average
Remaining
Contractual
Life (Years)		     Weighted-
Average
Exercise Price		     Shares
Exercisable		     Weighted-
Average
Exercise Price		  
                               
$0.79 - 1.01     128       8.32     $ 0.97       24     $ 1.01  
$1.02 - 4.59     155       9.40     $ 1.38       7     $ 1.35  
$4.60 - 8.79     71       4.24     $ 5.19       62     $ 5.21