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STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Mar. 31, 2015
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, 2014
 
 
945,166
 
 
$
9.59
 
Granted
 
 
3,912,958
 
 
 
3.51
 
Exercised
 
 
(—
)
 
 
(—
)
Cancelled or expired
 
 
(404,289
)
 
 
(13.66
)
Balance at March 31, 2015
 
 
4,453,835
 
 
$
3.88
 
Schedule of summary of transactions involving stock options issued to employees
 
 
Number of
Shares
 
 
Weighted Average
Exercise
Price Per
Share
 
 
Aggregate
Intrinsic
Value
 
Outstanding at October 1, 2014
 
2,909,046
 
 
$
4.74
 
 
 
 
 
Granted
 
900,509
 
 
 
2.86
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
Cancelled or expired
 
(661
)
 
 
(9.77
)
 
 
 
 
Outstanding at March 31, 2015
 
3,808,894
 
 
$
4.30
 
 
 
 
 
Vested at March 31, 2015
 
2,852,150
 
 
$
3.99
 
 
$
0.44
 
Non-vested at March 31, 2015
 
956,744
 
 
 
 
 
 
$
0.19
 
Schedule of fair value of options granted
                 
    Three 
Months 
Ended 
March 31, 
2015
     
Six
Months
Ended
March
31, 2015
 
Stock price
  $ 3.42     $ 2.86  
Exercise price
  $ 3.42     $ 2.86  
Expected term, years     6.12       4.91  
Dividend yield
    %     %
Volatility
    139 %     132 %
Risk free rate
    1.69 %     1.59 %