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INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Income Tax Disclosure [Abstract]    
Schedule of income tax provision (benefit)
 
2013
2012
Federal:
 
 
Current
$
 
$
 
Deferred
2,955,000
 
1,422,000
 
2,955,000
 
1,422,000
 
State and local:
 
 
Current
 
 
Deferred
407,000
 
196,000
 
407,000
 
196,000
 
Change in valuation allowance
(3,362,000
)
(1,618,000
)
Income tax provision (benefit)
$
 
$
 
 
Schedule of effective income tax rate reconciliation
 
September 30,
2013
2012
Statutory federal income tax rate
(34.00
%)
(34.00
%)
Statutory state and local income tax rate (7.1%), net of federal benefit
(4.69
%)
(4.69
%)
Stock based compensation
3.27
%
10.74
%
Depreciation and amortization
(0.12
%)
(0.28
%)
Amortization of debt discount
0.00
%
2.92
%
Change in valuation allowance
35.54
%
25.31
%
Effective tax rate
0.00
%
0.00
%
 
Schedule of components of deferred tax assets
 
September 30,
2013
2012
Deferred tax assets (liabilities):
 
 
Stock based compensation
$
578,000
 
$
768,000
 
Depreciation and amortization
(21,000
)
(20,000
)
Amortization of debt discount
 
209,000
 
Net operating loss carry forward
17,913,000
 
14,551,000
 
Less: valuation allowance
(18,470,000
)
(15,508,000
)
Net deferred tax asset
$
 
$
 
Non current:
 
Net operating loss carryforward
$
38,000,000
 
Valuation allowance
(38,000,000
)
Net deferred tax asset
$