XML 64 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (USD $)
 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES      
Net loss $ (7,275,706) $ (7,839,996) $ (125,057)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Stock-based compensation expense 2,791,862 2,599,858 1,271,238
Depreciation and amortization 323,383 231,981 179,291
Accretion and amortization on debt securities 182,162 261,398  
Provision for bad debt (5,773) (3,571) 15,340
Gain on sale of property and equipment (1,097)    
Non-cash interest expense on convertible debt       384,124
Amortization of capitalized debt issuance costs       53,945
Changes in assets and liabilities:      
Accounts receivable (391,543) 1,862,555 (1,750,036)
Other assets (213,653) (180,367) (181,873)
Accounts payable 1,163,959 353,043 130,393
Accrued payroll and related taxes 728,522 230,956 299,478
Deferred revenue 1,214,572 758,855 41,858
Other liabilities 868,251 (53,476) (2,533)
Net cash (used in) provided by operating activities (615,061) (1,778,764) 316,168
INVESTING ACTIVITIES      
Purchases of investments (4,058,975) (12,187,523) (10,614,723)
Sales and maturities of investments 6,090,734 14,635,005  
Purchases of property and equipment (1,497,492) (339,715) (204,358)
Sale of property and equipment 36,621    
Net cash provided by (used in) investing activities 570,888 2,107,767 (10,819,081)
FINANCING ACTIVITIES      
Proceeds from the issuance of common stock, net of issuance costs of $1,245,196, $0 and $1,154,634, respectively 16,004,797   14,595,366
Proceeds from exercise of warrants and stock options 648,656 732,287 258,214
Principal payments on capital lease obligations (16,914) (14,916)  
Net cash provided by financing activities 16,636,539 717,371 14,853,580
NET INCREASE IN CASH AND CASH EQUIVALENTS 16,592,366 1,046,374 4,350,667
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 6,702,090 5,655,716 1,305,049
CASH AND CASH EQUIVALENTS AT END OF PERIOD 23,294,456 6,702,090 5,655,716
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for interest 8,093 10,397 5,333
Cash paid for income taxes 1,076 800 2,492
NON-CASH FINANCING AND INVESTING ACTIVITIES      
Unrealized holding gain (loss) on available for sale investments 2,454 9,239 (9,855)
Cashless exercise of option and warrants 125 410 859
Capital lease obligations   95,388  
Conversion of debt to common stock     1,063,926
Common Stock [Member]
      
NON-CASH FINANCING AND INVESTING ACTIVITIES      
Cashless settlement of restricted stock units $ 32