STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Jun. 30, 2014

A summary of our stock option activity for the nine months ended June 30, 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		(9	)		1.17		0.97
Granted		30			2.81		2.35
Terminated		(77	)		2.05		1.54
Outstanding - June 30, 2014		423		$	1.80	$	1.39

Fair Value Assumptions

During the nine months ended June 30, 2014, we granted options for 30 common shares under the Plan. The fair value of the option grants are 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	2.26% - 2.45%
Dividend yield	0.00%
Expected volatility	94.62% - 94.65%
Expected life of the options (years)	8.0
Forfeitures	3.00%