XML 23 R39.htm IDEA: XBRL DOCUMENT v2.4.1.9
SALE OF PREFERRED SHARES AND WARRANTS (Narrative) (Details) (USD $)
0 Months Ended 12 Months Ended
May 11, 2011
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Schedule Of Stock And Warrants By Class [Line Items]        
Units issued during period, new issues, shares 5,506basi_UnitsIssuedDuringPeriodSharesNewIssues      
Units issued, price per unit $ 1,000us-gaap_SharesIssuedPricePerShare      
Proceeds from equity issuance $ 4,600,000us-gaap_ProceedsFromOtherEquity      
Fair value of warrants 3,045,000us-gaap_WarrantsAndRightsOutstanding      
Common stock, price per share $ 1.86us-gaap_SharePrice      
Warrants exercised   577,897basi_ClassOfWarrantOrRightExercises    
Accrued dividends payable   0us-gaap_DividendsPayableCurrentAndNoncurrent    
Class A Warrant [Member]        
Schedule Of Stock And Warrants By Class [Line Items]        
Number of shares called by each warrant   250us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
   
Exercise price of warrant   $ 2.00us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
   
Fair value of warrants 1,973,000us-gaap_WarrantsAndRightsOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
676,000us-gaap_WarrantsAndRightsOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
612,000us-gaap_WarrantsAndRightsOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
1,213,000us-gaap_WarrantsAndRightsOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
Warrants outstanding   798,603us-gaap_ClassOfWarrantOrRightOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassAWarrantMember
   
Class B Warrant [Member]        
Schedule Of Stock And Warrants By Class [Line Items]        
Number of shares called by each warrant   250us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassBWarrantMember
   
Exercise price of warrant   $ 2.00us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassBWarrantMember
   
Fair value of warrants 1,072,000us-gaap_WarrantsAndRightsOutstanding
/ us-gaap_ClassOfWarrantOrRightAxis
= basi_ClassBWarrantMember
     
Series A Preferred Stock [Member]        
Schedule Of Stock And Warrants By Class [Line Items]        
Dividend rate   6.00%us-gaap_PreferredStockDividendRatePercentage
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
   
Shares issued upon conversion of securities   500us-gaap_ConvertiblePreferredStockSharesIssuedUponConversion
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
   
"Make-whole" payment   180basi_ContingentPaymentUponConversionOfStock
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
   
Preferred stock, stated value per share   $ 1,000us-gaap_PreferredStockParOrStatedValuePerShare
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
$ 1,000us-gaap_PreferredStockParOrStatedValuePerShare
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
 
Preferred stock, shares outstanding   1,185us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
1,335us-gaap_PreferredStockSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
 
Aggregate number of shares issued upon conversion of securities 2,753,000basi_ConvertiblePreferredStockAggregateSharesIssuedUponConversion
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Total possible dividend percentage over three years 18.00%basi_PreferredStockTotalPossibleDividendPercentageOverThreeYears
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Preferred stock - recognition of full dividend/make-whole 991,080us-gaap_DividendsPreferredStock
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Fair value of outstanding preferred stock 6,112,000basi_PreferredStockOutstandingFairValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Gross proceeds from equity issuance 5,506,000basi_GrossProceedsFromIssuanceOfEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Beneficial conversion feature 2,461,000basi_PreferredStockBeneficialConversionFeature
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Deemed dividend $ 5,506,000basi_PreferredStockDeemedDividend
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
     
Shares converted   4,321us-gaap_ConversionOfStockSharesConverted1
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
   
Common stock, shares issued in conversion   2,564,108us-gaap_ConversionOfStockSharesIssued1
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
   
Common stock, shares issued for dividends   217,366us-gaap_CommonStockDividendsShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember