STOCK OPTIONS AND WARRANTS - Transactions involving stock options issued to employees and consultants (Details 1) - Stock Options - 2005 Incentive Stock Plan	3 Months Ended
Dec. 31, 2016 USD ($) $ / shares shares
Number of Shares
Outstanding at October 1, 2016	4,403,234
Granted	837,328
Exercised
Cancelled or expired	(3,084)
Outstanding at December 31, 2016	5,237,478
Vested at December 31, 2016	3,829,118
Non-vested at December 31, 2016	1,408,360
Weighted Average Exercise Price Per Share
Outstanding at October 1, 2016 \| $ / shares	$ 4.08
Granted \| $ / shares	2.07
Exercised \| $ / shares
Cancelled or expired \| $ / shares	(3.07)
Outstanding at December 31, 2016 \| $ / shares	3.76
Vested at December 31, 2016 \| $ / shares	$ 3.95
Aggregate Intrinsic Value, Vested at December 31, 2016 \| $	$ 222,290
Aggregate Intrinsic Value, Non-vested at December 31, 2016 \| $	$ 129,083
Weighted Average Contractual Life (years) vested at December 31, 2016	4 years 7 months 28 days
Weighted Average Contractual Life (years), Non-vested at December 31, 2016	7 years 11 months 27 days

Represents the amount related to intrinsic value of options nonvested.

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Represents weighted average remaining contractual term for nonvested options outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Represents information about weighted average exercise price per share vested.

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- Definition

The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(3)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Gross number of share options (or share units) granted during the period.

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- Definition

Number of options outstanding, including both vested and non-vested options.

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A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

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- Definition

Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.

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- Definition

Amount by which the current fair value of the underlying stock exceeds the exercise price of fully vested and expected to vest options outstanding.

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-Publisher FASB
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- Definition

Weighted average price at which option holders acquired shares when converting their stock options into shares.

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Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired.

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Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.

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- Definition

Number of non-vested options outstanding.

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Weighted average remaining contractual term for fully vested and expected to vest options outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

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-Publisher FASB
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Number of options vested.

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Number of share options (or share units) exercised during the current period.

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