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STOCK OPTIONS AND WARRANTS - Transactions involving stock options issued to employees and consultants (Details 1) - Stock Options - 2005 Incentive Stock Plan - USD ($)
9 Months Ended
Jun. 30, 2016
Number of Shares  
Outstanding at October 1, 2015 3,458,905
Granted 1,090,273
Exercised (79,000)
Cancelled or expired (55,313)
Outstanding at June 30, 2016 4,414,865
Vested at June 30, 2016 2,810,749
Non-vested at June 30, 2016 1,604,116
Weighted Average Exercise Price Per Share  
Outstanding at October 1, 2015 $ 4.74
Granted 2.93
Exercised (2.86)
Cancelled or expired (3.96)
Outstanding at June 30, 2016 4.12
Vested at June 30, 2016 $ 4.23
Aggregate Intrinsic Value, Vested at June 30, 2016 $ 691,227
Aggregate Intrinsic Value, Non-vested at June 30, 2016 $ 747,204