STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Mar. 31, 2014

A summary of our stock option activity for the six months ended March 31, 2014 is as follows (in thousands except for share prices):

	Options (shares)			Weighted- Average Exercise Price		Weighted- Average Grant Date Fair Value

Outstanding - October 1, 2013		479		$	1.77	$	1.35
Exercised		(7	)		1.12		0.94
Granted		10			3.05		2.55
Terminated		(71	)		2.01		1.52
Outstanding -March 31, 2014		411		$	1.77	$	1.36

Fair Value Assumptions

During the six months ended March 31, 2014, we granted options for 10 common shares under the Plan. The fair value of the option grant is estimated on the date of the grant. The weighted-average assumptions used to compute the fair value of these options were as follows:

Risk-free interest rate	2.45	%
Dividend yield	0.00	%
Expected volatility	94.62	%
Expected life of the options (years)	8.0
Forfeitures	3.00	%