Annual report pursuant to section 13 and 15(d)

Note 12: Net Loss Per Share (Tables)

v2.4.0.8
Note 12: Net Loss Per Share (Tables)
12 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Basic and diluted net loss per share
    Year Ended September 30,  
    2013     2012  
             
Loss from continuing operations   $ (5,749,722 )   $ (1,587,641 )
Less: preferred stock dividends     (1,918 )     (1,918 )
Loss from continuing operations applicable to common stock     (5,751,640 )     (1,589,559 )
Income (loss) from discontinued operations     2,708       12,433  
Net loss applicable to common stock   $ (5,748,932 )   $ (1,577,126 )
                 
Weighted average common shares outstanding - basic and diluted     3,131,420       2,068,828  
                 
Earnings per share - basic and diluted:                
Loss from continuing operations   $ (1.84 )   $ (0.77 )
Discontinued operations     0.00       0.01  
Net loss   $ (1.84 )   $ (0.76 )
Potentially dilutive securities
    Year Ended September 30,  
    2013     2012  
             
Options to purchase shares of common stock     225,000        
Warrants to purchase shares of common stock     955,502       109,139  
Series E convertible preferred stock     127,840       127,840  
Shares of non-vested restricted stock           263  
Total potentially dilutive shares     1,308,342       237,242