CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
|
3 Months Ended |
9 Months Ended |
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Income Statement [Abstract] |
|
|
|
|
Net revenues |
$ 777,857 |
$ 1,124,976 |
$ 2,450,971 |
$ 3,237,763 |
Cost of services |
108,661 |
1,048,229 |
571,088 |
3,455,589 |
Gross profit |
669,196 |
76,747 |
1,879,883 |
(217,826) |
Operating expenses: |
|
|
|
|
General and administrative expenses |
742,353 |
1,172,531 |
2,330,595 |
4,756,487 |
Sales and marketing expenses |
1,712 |
19,543 |
2,291 |
56,318 |
Total operating expenses |
744,065 |
1,192,074 |
2,332,886 |
4,812,805 |
Operating loss |
(74,869) |
(1,115,327) |
(453,003) |
(5,030,631) |
Other income (expense): |
|
|
|
|
Interest income (expense), net |
(64,845) |
(24,151) |
(149,401) |
(22,899) |
Other income (expense) |
(150,000) |
(11,455) |
(141,750) |
(11,455) |
Total other income (expense) |
(214,845) |
(35,606) |
(291,151) |
(34,354) |
Loss before income taxes |
(289,714) |
(1,150,933) |
(744,154) |
(5,064,985) |
Income tax provision (benefit) |
|
|
|
|
Loss from continuing operations |
(289,714) |
(1,150,933) |
(744,154) |
(5,064,985) |
Discontinued operations |
|
|
|
|
Income (loss) from discontinued component, including disposal costs |
7,944 |
7,561 |
11,753 |
(123,486) |
Income tax provision (benefit) |
|
|
|
|
Income (loss) from discontinued operations |
7,944 |
7,561 |
11,753 |
(123,486) |
Net loss |
$ (281,770) |
$ (1,143,372) |
$ (732,401) |
$ (5,188,471) |
Earnings per share - basic and diluted: |
|
|
|
|
Loss from continuing operations |
$ (0.12) |
$ (1.69) |
$ (0.39) |
$ (7.68) |
Discontinued operations |
$ 0.00 |
$ 0.01 |
$ 0.01 |
$ (0.19) |
Net loss |
$ (0.12) |
$ (1.68) |
$ (0.38) |
$ (7.87) |
Weighted average common shares outstanding: |
|
|
|
|
Basic |
2,402,168 |
682,374 |
1,928,589 |
659,296 |
Diluted |
2,402,168 |
682,374 |
1,928,589 |
659,296 |