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Fair Value Accounting (Tables)
12 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring
The following table lists our financial assets and liabilities that are measured at fair value on a recurring basis:

Fair Value Measurement
 
 
 
 
 
 
 
(in thousands)
Level 1
 
Level 2
 
Level 3
 
 
 
Quoted Prices in Active Markets for Identical Assets
 
Significant Other Observable Remaining Inputs
 
Significant Unobservable Inputs
 
Total
As of September 30, 2015
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
111,885

 

 

 
$
111,885

Restricted cash
375

 

 

 
375

As of September 30, 2014
 
 
 
 
 
 
 
Assets:
 

 
 

 
 

 
 

Cash and cash equivalents
$
20,687

 

 

 
$
20,687

Restricted cash
1,482

 

 

 
1,482

Liabilities:
 

 
 

 
 

 
 

Warrant liability

 
122

 

 
122


Valuation Techniques
Assumptions used in Monte Carlo Option Valuation Model
Warrants issued on October 1, 2009
 
As of September 30, 2015
 
As of September 30, 2014
Number of warrants issued

 
400,001

Expiration date

 
4/1/2015

Exercise price

 
$6.76 - $9.44

Expected dividend yield

 

Expected stock price volatility

 
51.71
%
Risk-free interest rate 

 
0.30
%
Expected term (in years)

 
0.5

Total warrant valuation

 
$121,667