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Stockholders' Equity (Tables)
12 Months Ended
Sep. 30, 2013
Equity [Abstract]  
Summary of Warrant Activity

The following table summarizes warrant activity in the fiscal years ended September 30, 2013, 2012 and 2011:

 

     Number of
shares
    Weighted-average
exercise price
 

Outstanding and exercisable at September 30, 2010

     895,283      $ 0.84   

Granted

     —       

Exercised

     (763,094   $ 0.83   

Cancelled

     —       
  

 

 

   

Outstanding and exercisable at September 30, 2011

     132,189      $ 0.91   

Granted

     —       

Exercised

     (125,522   $ 0.91   

Cancelled

     —       
  

 

 

   

Outstanding and exercisable at September 30, 2012

     6,667      $ 0.91   

Granted

     —       

Exercised

     —       

Cancelled

     —       
  

 

 

   

Outstanding and exercisable at September 30, 2013

     6,667      $ 0.91   
  

 

 

   
Fair Value Calculations for Stock-Based Compensation Awards to Employees

The fair value calculations for stock-based compensation awards to employees for the fiscal years ended September 30, 2013, 2012 and 2011 were based on the following assumptions:

 

     2013    2012    2011

Risk-free interest rate

   0.18% - 1.20%    0.35% - 1.06%    0.26% - 2.26%

Expected life (years)

   5.3    5.0    5.5

Expected volatility

   175%    110%    193%

Expected dividends

   None    None    None
Stock-Based Compensation Expense Related to Stock Options and RSUs

The following table summarizes stock-based compensation expense related to stock options and RSUs under ASC 718 for the fiscal years ended September 30, 2013, 2012 and 2011, which were allocated as follows:

 

     2013      2012      2011  

Sales and marketing

   $ 433,130       $ 471,716       $ 235,710   

Research and development

     617,377         592,249         290,239   

General and administrative

     1,741,355         1,535,893         745,289   
  

 

 

    

 

 

    

 

 

 

Stock-based compensation expense related to employee stock options included in operating expenses

   $ 2,791,862       $ 2,599,858       $ 1,271,238   
  

 

 

    

 

 

    

 

 

 
Summary of Vested and Unvested Options, Weighted Average Exercise Price per Share, Weighted Average Remaining Term and Aggregate Intrinsic Value

The following table summarizes vested and unvested options, weighted average exercise price per share, weighted average remaining term and aggregate intrinsic value at September 30, 2013:

 

     Number of Shares      Weighted Average
Exercise Price Per
Share
     Weighted Average
Remaining
Contractual Life
(in Years)
     Aggregate Intrinsic
Value
 

Vested

     1,454,952       $ 3.26         6.05       $ 4,177,830   

Unvested

     1,370,012       $ 4.97         8.61         1,821,844   
  

 

 

          

 

 

 

Total

     2,824,964       $ 4.09         7.29       $ 5,999,673   
  

 

 

          

 

 

 
Stock Option Activity

The following table summarizes stock option activity under the Company’s stock option plans during the fiscal years ended September 30, 2013, 2012 and 2011:

 

     Number of
Shares
    Weighted Average
Exercise Price Per
Share
     Weighted Average
Remaining
Contractual Term
(in Years)
 

Outstanding, September 30, 2010

     4,534,328      $ 0.66         6.21   

Granted

     976,531      $ 3.70      

Exercised

     (942,639   $ 0.53      

Cancelled

     (14,316   $ 0.57      
  

 

 

      

Outstanding, September 30, 2011

     4,553,904      $ 1.34         6.15   

Granted

     1,095,750      $ 8.54      

Exercised

     (1,812,215   $ 0.81      

Cancelled

     (325,153   $ 6.41      
  

 

 

      

Outstanding, September 30, 2012

     3,512,286      $ 3.39         6.46   

Granted

     651,563      $ 3.63      

Exercised

     (1,103,582   $ 0.90      

Cancelled

     (235,303   $ 7.26      
  

 

 

      

Outstanding, September 30, 2013

     2,824,964      $ 4.09         7.29   
  

 

 

      
Significant Ranges of Outstanding and Exercisable Options

The following table summarizes significant ranges of outstanding and exercisable options as of September 30, 2013:

 

Range of

Exercise Prices

   Number of
Options
Outstanding
     Weighted
Average
Remaining
Contractual Life
(in Years)
     Weighted
Average
Exercise Price
     Number of
Exercisable
Options
     Weighted
Average
Exercise Price of
Exercisable
Options
     Number of
Unvested
Options
 

$0.09 to $0.79

     405,841         6.27       $ 0.74         405,841       $ 0.74         —     

$0.80 to $1.95

     360,695         2.43       $ 0.94         360,695       $ 0.94         —     

$2.34 to $2.60

     802,258         7.83       $ 2.51         290,015       $ 2.60         512,243   

$3.33 to $9.97

     951,586         8.76       $ 5.81         271,013       $ 7.17         680,573   

$11.05 to $11.68

     304,584         8.38       $ 11.08         127,388       $ 11.08         177,196   
  

 

 

          

 

 

       

 

 

 
     2,824,964         7.29       $ 4.09         1,454,952       $ 3.26         1,370,012   
  

 

 

          

 

 

       

 

 

 
Number of Stock Options Outstanding under Prior Plans

The following table summarizes the number of stock options outstanding under the Prior Plans as of September 30, 2013:

 

2000 Stock Option Plan

     215,412   

2002 Stock Option Plan

     226,100   

2006 Stock Option Plan

     49,000   

2010 Stock Option Plan

     1,120,055   
  

 

 

 

Total stock options outstanding under the Prior Plans

     1,610,567   
  

 

 

 
RSU Activity

The following table summarizes RSU activity in the fiscal years ended September 30, 2013, 2012 and 2011:

 

     Number of
shares
    Weighted-average
fair value per share
 

Outstanding at September 30, 2010

     —          —     

Granted

     300,000      $ 5.12   

Settled

     —          —     

Cancelled

     —          —     
  

 

 

   

Outstanding at September 30, 2011

     300,000      $ 5.12   

Granted

     255,835      $ 8.44   

Settled

     —          —     

Cancelled

     (40,001   $ 11.05   
  

 

 

   

Outstanding at September 30, 2012

     515,834      $ 6.30   

Granted

     255,000      $ 3.15   

Settled

     (50,829   $ 7.76   

Cancelled

     (27,501   $ 11.05   
  

 

 

   

Outstanding at September 30, 2013

     692,504      $ 4.85