STOCK OPTIONS AND WARRANTS (Tables)

9 Months Ended

12 Months Ended

Jun. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

Schedule of summary of the changes in warrants outstanding and the related prices for the shares of common Stock issued to non-employees of the company


$2.40	50,000	1.92	$	2.40	50,000	$	2.40
$2.64	8,513	3.79	$	2.64	8,513	$	2.64
$2.85	63,158	4.79	$	2.85	63,158	$	2.85
$3.32	3,768	4.27	$	3.32	3,768	$	3.32
$3.60	33,333	0.39	$	3.60	33,333	$	3.60
$4.26	16,667	1.32	$	4.26	16,667	$	4.26
$5.40	115,000	2.92	$	5.40	115,000	$	5.40
$10.74	1,667	2.10	$	10.74	1,667	$	10.74
$12.84	1,667	2.60	$	12.84	—	$	—
$14.59	668,449	4.80	$	14.59	668,449	$	14.59
$30.00	21,667	0.12	$	30.00	21,667	$	30.00
	983,889	4.10	$	11.86	982,222	$	11.78


$1.85	26,985	5.17	$	1.85	26,985	$	1.85
$1.97	5,924	5.14	$	1.97	5,924	$	1.97
$2.40	50,000	2.92	$	2.40	50,000	$	2.40
$2.64	33,485	4.79	$	2.64	33,485	$	2.64
$2.85	84,211	5.79	$	2.85	84,211	$	2.85
$3.32	15,072	5.27	$	3.32	15,072	$	3.32
$3.60	200,000	2.38	$	3.60	200,000	$	3.60
$4.26	16,667	2.32	$	4.26	—	$	—
$5.40	165,000	3.92	$	5.40	165,000	$	5.40
$6.00	25,000	0.48	$	6.00	25,000	$	6.00
$30.00	141,667	0.34	$	30.00	141,667	$	30.00
	764,011	2.97	$	8.40	747,344	$	8.70

Schedule of transactions involving warrants


Balance at October 1, 2013	983,888		$	11.44
Granted	325,346			8.48
Exercised	(311,586	)		(13.47	)
Cancelled or expired	(55,000	)		(14.00	)
Balance, June 30, 2014	942,648		$	9.60


Balance, September 30, 2011	970,088		$	8.40
Granted	17,917			4.26
Exercised	(83,994	)		(2.70	)
Cancelled or expired	(140,000	)		(9.66	)
Balance at September 30, 2012	764,011		$	8.70
Granted	2,237,487			13.98
Exercised	(1,003,948	)		(10.20	)
Cancelled or expired	(1,013,661	)		(15.88	)
Balance, September 30, 2013	983,889		$	11.86


Balance, September 30, 2010	1,153,466		$	14.22
Granted	198,289			2.64
Exercised	—			—
Cancelled or expired	(381,667	)		(23.04	)
Balance at September 30, 2011	970,088		$	8.40
Granted	17,917			4.26
Exercised	(83,994	)		(2.70	)
Cancelled or expired	(140,000	)		(9.66	)
Balance, September 30, 2012	764,011		$	8.70

Schedule of summary of the changes in options outstanding and the related prices for the shares of common Stock issued to employees of the company under the 2005 Incentive Stock Plan

Options Outstanding						Options Exercisable
Exercise Prices		Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price			Number Exercisable		Weighted Average Exercise Price
	$3.00		400,000		1.65		$	3.00		400,000		$	3.00
	$3.51		833,333		4.79		$	3.51		833,333		$	3.51
	$3.60		500,000		1.76		$	3.60		500,000		$	3.60
	$3.90		10,580		3.18		$	3.90		10,580		$	3.90
	$4.08		79,500		3.17		$	4.08		79,500		$	4.08
	$4.20		47,500		1.67		$	4.20		31,667		$	4.20
	$5.40		25,000		2.92		$	5.40		25,000		$	5.40
	$6.60		90,000		4.71		$	6.60		90,000		$	6.60
	$10.79		34,989		4.17		$	10.79		—		$	—
	$11.58		1,667		4.75		$	11.58		—		$	—
	$12.00		1,667		4.63		$	12.00		—		$	—
			2,024,236		3.23		$	3.78		1,970,080		$	3.63

Options Outstanding						Options Exercisable
Exercise Prices		Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price			Number Exercisable		Weighted Average Exercise Price
	$3.00		483,333		2.65		$	3.00		483,333		$	3.00
	$3.51		833,333		5.79		$	3.51		520,833		$	3.51
	$3.60		501,668		2.76		$	3.60		375,000		$	3.60
	$3.90		10,580		4.18		$	3.90		10,580		$	3.90
	$4.08		95,400		4.17		$	4.08		95,400		$	4.08
	$4.20		47,500		2.67		$	4.20		19,792		$	4.20
	$5.40		25,000		3.92		$	5.40		25,000		$	5.40
	$6.60		90,000		0.71		$	6.60		90,000		$	6.60
			2,086,814		3.94		$	3.60		1,619,938		$	3.60

Schedule of summary of transactions involving stock options issued to employees


Outstanding at October 1, 2013	2,024,237		$	3.78
Granted	1,221,346			6.02
Exercised	—			—
Cancelled or expired	(83	)		5.31
Outstanding at June 30, 2014	3,245,500		$	4.61
Vested at June 30, 2014	2,185,550		$	4.02	$	3.72
Non-vested at June 30, 2014	1,059,950				$	1.80


Outstanding at October 1, 2011	2,010,833		$	3.60
Granted	109,314			4.02
Exercised	(8,333	)		(4.80	)
Cancelled or expired	(25,000	)		(4.80	)
Outstanding at September 30, 2012	2,086,814		$	3.60
Granted	38,323			10.88
Exercised	(99,650	)		(2.52	)
Cancelled or expired	(1,251	)		(3.60	)
Outstanding at September 30, 2013	2,024,236		$	3.78
Vested at September 30, 2013	1,970,080					$	8.16
Non-vested at September 30, 2013	54,156					$	3.30


Outstanding at October 1, 2010	1,115,000		$	3.60
Granted	895,833			3.60
Exercised	—			—
Cancelled or expired	—			—
Outstanding at September 30, 2011	2,010,833		$	3.60
Granted	109,314			4.02
Exercised	(8,333	)		(4.80	)
Expired	(25,000	)		(4.80	)
Outstanding at September 30, 2012	2,086,814		$	3.60

Schedule of fair value of options granted


Stock price	$	7.47		$	6.07
Exercise price	$	5.81		$	7.29
Dividend yield		0.00	%		0.00	%
Volatility		110.46	%		112.19	%
Risk free rate		1.19	%		0.95	%

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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