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STOCK OPTIONS AND WARRANTS (Tables)
9 Months Ended
Jun. 30, 2017
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of transactions involving warrants
  Number of 
Shares
  Weighted 
Average 
Exercise 
Price Per 
Share
 
Balance at October 1, 2016  7,208,060  $3.64 
Granted  2,340,909   3.47 
Exercised  -   - 
Cancelled or expired  -   - 
Balance at June 30, 2017  9,548,969  $3.60 
Schedule of summary of transactions involving stock options issued to employees and consultants
  Number of 
Shares
  Weighted 
Average 
Exercise 
Price Per 
Share
  Aggregate 
Intrinsic 
Value
  Weighted Average Contractual Life (Years)
Outstanding at October 1, 2016  4,403,234  $4.08       
Granted  1,039,010   2.27       
Exercised  -   -       
Cancelled or expired  (166,022)  (4.20)      
Outstanding at June 30, 2017  5,276,222  $3.72       
Vested at June 30, 2017  3,823,720  $3.93  $-  4.25
Non-vested at June 30, 2017  1,452,502      $-  7.64
Schedule of fair value of options granted
  Three 
Month Period 
Ended 
June 30, 2017
  Nine
Month Period 
Ended 
June 30, 2017
 
Stock price $1.58  $2.01 
Exercise price $2.58  $2.29 
Expected term, years  6.93   5.47 
Dividend yield  -%  -%
Volatility  115%  112%
Risk free rate  2.0%  2.0%

 

  Three 
Month Period 
Ended 
June 30, 2016
  Nine
Month Period 
Ended 
June 30, 2016
 
Stock price $3.06  $3.05 
Exercise price $2.82  $2.93 
Expected term, years  9.66   7.93 
Dividend yield  -%  -%
Volatility  140%  135%
Risk free rate  1.75%  2.00%