Net Income (Loss) per Common Share

9 Months Ended

Jun. 30, 2014

Net Income (Loss) per Common Share [Abstract]

Net Income (Loss) per Common Share

Note 6.

Net Income (Loss) per Common Share

Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options and warrants (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options.

The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding:

	Three Months Ended		Nine Months Ended
	June 30,		June 30,
	2014	2013	2014	2013
Weighted-average shares outstanding - basic	6,870,145	2,726,214	5,649,110	2,726,214
Effect of potentially dilutive securities
Stock options	59,931	20,634	0	0
Warrants	446,329	0	0	0
Weighted-average shares outstanding - diluted	7,376,405	2,746,848	5,649,110	2,726,214
Excluded from diluted weighted-average shares outstanding:
Antidilutive	268,366	250,187	2,483,337	321,058