Quarterly report pursuant to Section 13 or 15(d)

10. Net Loss Per Share (Tables)

v2.4.1.9
10. Net Loss Per Share (Tables)
6 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic and diluted net loss per share
    Three Months Ended March 31,     Six Months Ended March 31,  
    2015     2014     2015     2014  
Net loss applicable to common stock   $ (1,095,220 )   $ (975,861 )   $ (6,042,654 )   $ (1,384,019 )
Less: preferred stock dividends     (479 )     (479 )     (962 )     (959 )
Net loss applicable to common stock   $ (1,095,699 )   $ (976,340 )   $ (6,043,616 )   $ (1,384,978 )
                                 
Weighted average common shares outstanding - basic and diluted     16,045,823       13,144,063       15,573,357       12,225,987  
Loss per share - basic and diluted:   $ (0.07 )   $ (0.07 )   $ (0.39 )   $ (0.11 )
Potentially dilutive securities
    Three Months Ended March 31,     Six Months Ended March 31,  
    2015     2014     2015     2014  
Options to purchase shares of common stock     600,000       675,000       600,000       675,000  
Warrants to purchase shares of common stock     3,540,876       2,866,506       3,540,876       2,866,506  
Series E convertible preferred stock     127,840       127,840       127,840       127,840  
Shares of non-vested restricted stock           21,000             21,000  
Total potentially dilutive shares     4,268,716       3,690,346       4,268,716       3,690,346