XML 62 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
WARRANT LIABILITY (Detail Textuals) - USD ($)
1 Months Ended 12 Months Ended
Nov. 21, 2014
Oct. 28, 2014
Dec. 16, 2013
Sep. 30, 2015
Sep. 30, 2014
Class of Warrant or Right [Line Items]          
Loss on change in fair value of warrant liability       $ (2,994,540) $ (908,005)
Crede CG III, Ltd | Warrants          
Class of Warrant or Right [Line Items]          
Fair value of the warrants     $ 2,455,042    
Method used for determining allocated fair value of the Warrants     Binomial Lattice model    
Fair value of common stock     $ 10.80    
Dividend yield     0.00%    
Expected terms     4 years 6 months 18 days    
Risk free interest rate     1.55%    
Expected volatility     118.89%    
Expected price at which holders exercise Warrants     $ 14.59    
Loss on change in fair value of warrant liability     $ (1,288,752)    
Crede CG III, Ltd | Series A Warrants          
Class of Warrant or Right [Line Items]          
Cashless exercise of warrant     178,253    
Crede CG III, Ltd | Series B Warrants          
Class of Warrant or Right [Line Items]          
Cashless exercise of warrant     116,667    
Loss on change in fair value of warrant liability       $ 2,994,540 $ 908,005
Warrant repurchase option agreement | Crede CG III, Ltd | Series B Warrants          
Class of Warrant or Right [Line Items]          
Cashless exercise of warrant   387,621      
Expected price at which holders exercise Warrants   $ 10.55      
Percentage of option to purchase warrant 100.00%        
Aggregate purchase price of warrant exercise $ 4,091,000 $ 4,091,000      
Warrant repurchase option agreement | Crede CG III, Ltd | Series B Warrants | Minimum          
Class of Warrant or Right [Line Items]          
Percentage of option to purchase warrant   50.00%      
Warrant repurchase option agreement | Crede CG III, Ltd | Series B Warrants | Maximum          
Class of Warrant or Right [Line Items]          
Percentage of option to purchase warrant   100.00%