| Basic and diluted net loss per share |
| |
|
Three
Months Ended March 31, |
|
|
Six
Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
2013 |
|
|
2012 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations |
|
$ |
(3,215,467 |
) |
|
$ |
(259,222 |
) |
|
$ |
(4,277,939 |
) |
|
$ |
(454,440 |
) |
| Less: preferred stock dividends |
|
|
(479 |
) |
|
|
(479 |
) |
|
|
(958 |
) |
|
|
(958 |
) |
| Loss from continuing operations
applicable to common stock |
|
|
(3,215,946 |
) |
|
|
(259,701 |
) |
|
|
(4,278,897 |
) |
|
|
(455,398 |
) |
| Income (loss) from discontinued operations |
|
|
450 |
|
|
|
229 |
|
|
|
2,413 |
|
|
|
3,809 |
|
| Net loss applicable to common stock |
|
$ |
(3,215,496 |
) |
|
$ |
(259,472 |
) |
|
$ |
(4,276,484 |
) |
|
$ |
(451,589 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average common
shares outstanding - basic and diluted |
|
|
2,793,023 |
|
|
|
2,345,253 |
|
|
|
2,722,307 |
|
|
|
1,692,374 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings per share - basic and diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations |
|
$ |
(1.15 |
) |
|
$ |
(0.11 |
) |
|
$ |
(1.57 |
) |
|
$ |
(0.27 |
) |
| Discontinued operations |
|
|
0.00 |
|
|
|
– |
|
|
|
0.00 |
|
|
|
– |
|
| Net loss |
|
$ |
(1.15 |
) |
|
$ |
(0.11 |
) |
|
$ |
(1.57 |
) |
|
$ |
(0.27 |
) |
|
| Potentially dilutive securities |
| |
|
Three
Months Ended March 31, |
|
|
Six
Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
2013 |
|
|
2012 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Options to purchase shares of common stock |
|
|
– |
|
|
|
24,014 |
|
|
|
– |
|
|
|
24,014 |
|
| Warrants to purchase shares of common stock |
|
|
722,534 |
|
|
|
– |
|
|
|
955,502 |
|
|
|
– |
|
| Series E convertible preferred stock |
|
|
127,840 |
|
|
|
127,840 |
|
|
|
127,840 |
|
|
|
127,840 |
|
| Shares of non-vested restricted stock |
|
|
263 |
|
|
|
1,342 |
|
|
|
263 |
|
|
|
1,342 |
|
| |
|
|
850,637 |
|
|
|
153,196 |
|
|
|
1,083,605 |
|
|
|
153,196 |
|
|