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STOCK OPTIONS AND WARRANTS - Fair value of options granted using Black Scholes Option Pricing Model with weighted average assumptions (Details 2) - $ / shares
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]        
Stock price $ 1.68 $ 2.78 $ 2.07 $ 3.03
Exercise price $ 2.87 $ 2.78 $ 2.25 $ 3.03
Expected term, years 9 years 29 days 10 years 5 years 2 months 27 days 6 years 2 months 1 day
Dividend yield
Volatility 133.00% 142.00% 112.00% 130.00%
Risk free rate 2.30% 1.74% 2.00% 1.79%