Annual report pursuant to Section 13 and 15(d)

11. Net Loss Per Share (Tables)

v2.4.1.9
11. Net Loss Per Share (Tables)
12 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Basic and diluted net loss per share
    Year Ended September 30,  
    2014     2013  
             
Loss from continuing operations   $ (4,661,381 )   $ (5,749,722 )
Less: preferred stock dividends     (1,925 )     (1,918 )
Loss from continuing operations applicable to common stock     (4,663,306 )     (5,751,640 )
Income from discontinued operations           2,708  
Net loss applicable to common stock   $ (4,663,306 )   $ (5,748,932 )
                 
Weighted average common shares outstanding - basic and diluted     13,144,248       9,394,260  
                 
Earnings per share - basic and diluted:                
Loss from continuing operations   $ (0.35 )   $ (0.61 )
Discontinued operations            
Net loss   $ (0.35 )   $ (0.61 )
Potentially dilutive securities
    Year Ended September 30,  
    2014     2013  
Options to purchase shares of common stock     600,000       675,000  
Warrants to purchase shares of common stock     2,866,506       2,866,506  
Series E convertible preferred stock     127,840       127,840  
Convertible notes     739,601        
Total potentially dilutive shares     4,333,947       3,669,346