FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Dec. 31, 2014

FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

Summary of Assumptions Used to Compute Fair Value of Warrants

	December 31, 2014			September 30, 2014
	Warrant A			Warrant A

Risk-free interest rate		0.40	%		0.41	%
Dividend yield		0.00	%		0.00	%
Volatility of the Company's common stock		62.84	%		63.58	%
Expected life of the options (years)		1.36			1.6

Fair value per unit	$	.696		$	.846

Schedule of Financial Liabilities Measured at Fair Value

The following table summarizes fair value measurements by level as of December 31, 2014, for the Company's financial liabilities measured at fair value on a recurring basis:

	Level 1		Level 2		Level 3

Interest rate swap agreement	$	-	$	31	$	-
Class A warrant liability	$	-	$	556	$	-

The following table summarizes fair value measurements by level as of September 30, 2014, for the Company's financial liabilities measured at fair value on a recurring basis:

	Level 1		Level 2		Level 3

Interest rate swap agreement	$	-	$	21	$	-
Class A warrant liability	$	-	$	676	$	-

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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