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STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Mar. 31, 2016
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, 2015     6,027,654     $ 3.54  
Granted     1,300,000       4.29  
Exercised     (1,260 )     (3.50 )
Cancelled or expired     (1,667 )     (10.74 )
Balance at March 31, 2016   $ 7,324,727     $ 3.67  
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
 
Outstanding at October 1, 2015     3,458,905     $ 4.74        
Granted     540,273       3.03          
Exercised     (75,000 )     (2.86 )        
Cancelled or expired     (37,772 )     (4.06 )        
Outstanding at March 31, 2016     3,886,406     $ 4.26          
Vested at March 31, 2016     2,819,458     $ 4.23     $ 1,195,153  
Non-vested at March 31, 2016     1,066,948             $ 481,956  
 
Schedule of fair value of options granted
 
    Three
Months
Ended
March 31, 2016
    Six
Months
Ended
March 31, 2016
 
Stock price   $ 2.78     $ 3.03  
Exercise price   $ 2.78     $ 3.03  
Expected term, years     10.00       6.17  
Dividend yield     %     %
Volatility     142 %     130 %
Risk free rate     1.74 %     1.79 %