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Stock-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2015
Stock-Based Compensation [Abstract]  
Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants
 

Fiscal 2015
Incentive Stock Options

 

Fiscal 2015

Non-Statutory Stock Options

 

Fiscal 2014

Incentive Stock Options

Expected term (years)

  6.5   6.5   6.5

Expected volatility

  87.40 %   87.40 %   112.1 %

Risk-free interest rate

  1.85 %   1.85 %   1.94 %

Expected dividends

  0   0   0
Summary of Stock Option Activity under Share Based Compensation Plan
 

Shares

 

Weighted Average

Exercise Price

 

Weighted Avg.

Remaining

Contractual Life

(Yrs.)

Outstanding-beg of year

  396,910   $ 3.87  

Options granted

  190,934   $ 7.83  

Options exercised

  (22,550 )   $ 2.01  

Forfeited

  0      

Expired

  (11,853 )   $ 9.33  

Outstanding June 30, 2015

  553,441   $ 5.20   7.6

Exercisable June 30, 2015

  162,586   $ 5.56   4.8
Schedule of Non-vested Restricted Stock Activity
 

Shares

 

Grant Date Fair Value

Per Share

Non-vested shares at beg of year

  123,840  
$ 3.23

Granted

  24,586  
$8.23 to $8.60

Vested

  0  

Non-vested shares at Jun 30, 2015

  148,426