Stock-Based Compensation (Tables)

9 Months Ended

Jun. 30, 2012

Weighted Average Assumptions used to Estimate Fair Value of Stock Option Grants

In addition to the exercise and grant date prices of the awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table:

	December 2011 Non-Statutory Stock Options	June 2012 Non-Statutory Stock Options	Fiscal 2011 Incentive Stock Options	Fiscal 2011 Non-Statutory Stock Options
Expected term (years)	7.5	7.1	6.5	6.7
Expected volatility	95.71%	104.25%	98.54%	97.35%
Risk-free interest rate	1.47%	1.13%	2.46%	2.52%
Expected dividends	0	0	0	0

Summary of Stock Option Activity under Share-Based Compensation Plan

A summary of stock option activity under our share-based compensation plan for the nine months ended June 30, 2012 is presented in the following table:

	Options	Weighted Average Exercise Price	Weighted Average Remaining Contractual Life (Yrs.)	Aggregate Intrinsic Value
Outstanding-beg of year	166,022	$  6.89
Granted	32,000	$  1.36
Exercised	-
Forfeited	-
Expired	(  19,066)	$  5.25
Outstanding Jun 30, 2012	178,956	$  6.08	6.6	$  37,000
Exercisable Jun 30, 2012	116,085	$  8.37	5.7	$  16,000