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STOCK OPTIONS AND WARRANTS (Tables)
9 Months Ended
Jun. 30, 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     (3,334 )     (11.79 )
Balance at June 30, 2016     7,323,060     $ 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     1,090,273       2.93          
Exercised     (79,000 )     (2.86 )        
Cancelled or expired     (55,313 )     (3.96 )        
Outstanding at June 30, 2016     4,414,865     $ 4.12          
Vested at June 30, 2016     2,810,749     $ 4.23     $ 691,227  
Non-vested at June 30, 2016     1,604,116             $ 747,204  
 
Schedule of fair value of options granted
    Three 
Months 
Ended 
June 30, 2016
    Nine 
Months 
Ended 
June 30, 2016
 
Stock price   $ 3.06     $ 3.05  
Exercise price   $ 2.82     $ 2.93  
Expected term, years     9.66       7.93  
Dividend yield     %     %
Volatility     140 %     135 %
Risk free rate     1.75 %     2.00 %