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Income (Loss) Per Share (Tables)
9 Months Ended
Jun. 30, 2012
Income (Loss) Per Share [Abstract]  
Computation of basic and diluted earnings per share
                                 
   

Three Months Ended

June 30,

   

Nine Months Ended

June 30,

 
    2012     2011     2012     2011  

Basic

                               

Income (loss) from continuing operations

  $ 200,376     $ (685,440   $ 222,434     $ 4,581,830  

Income from discontinued operations

    —         1,606       —         83,231  
   

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) available to common stockholders

  $ 200,376     $ (683,834   $ 222,434     $ 4,665,061  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding (basic)

    32,374,499       32,335,846       32,374,499       30,616,660  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income (loss) per common share, continuing operations

  $ 0.01     $ (0.02   $ 0.01     $ 0.15  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income per common share, discontinued operations

  $ 0.00     $ 0.00     $ 0.00     $ 0.00  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic income (loss) per common share

  $ 0.01     $ (0.02   $ 0.01     $ 0.15  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

                               

Income (loss) from continuing operations

  $ 200,376     $ (685,440   $ 222,434     $ 4,581,830  

Income from discontinued operations

    —         1,606       —         83,231  
   

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) available to common stockholders

  $ 200,376     $ (683,834   $ 222,434     $ 4,665,061  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding

    32,374,499       32,335,846       32,374,499       30,616,660  

Assumed exercise of dilutive options and warrants

    1,118,445       —         794,479       943,796  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average dilutive shares outstanding

    33,492,944       32,335,846       33,168,978       31,560,456  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income (loss) per common share, continuing operations

  $ 0.01     $ (0.02   $ 0.01     $ 0.15  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income per common share, discontinued operations

  $ 0.00     $ 0.00     $ 0.00     $ 0.00  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted income (loss) per common share

  $ 0.01     $ (0.02   $ 0.01     $ 0.15  
   

 

 

   

 

 

   

 

 

   

 

 

 

Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:

                               

Options

    901,700       4,156,524       891,700       2,120,000  

Warrants

    1,627,945       1,627,945       1,627,945       1,627,945  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

    2,529,645       5,784,469       2,519,645       3,747,945  
   

 

 

   

 

 

   

 

 

   

 

 

 
Potentially dilutive securities excluded from the diluted computation of earning per share Potentially dilutive securities excluded from the diluted computation of earning per share