XML 41 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stockholders' Equity (Tables)
3 Months Ended
Dec. 31, 2012
Stockholders' Equity [Abstract]  
Stock-based compensation expense related to stock options and restricted stock unit awards
                 
    Three months ended
December 31,
 
    2012     2011  

Sales and marketing

  $ 76,653     $ 69,563  

Research and development

    123,578       107,219  

General and administrative

    456,303       324,915  
   

 

 

   

 

 

 

Stock-based compensation expense included in operating expenses

  $ 656,534     $ 501,697  
   

 

 

   

 

 

 
Fair value calculations for stock-based compensation awards to employees
         
   

Three months ended

December 31,

   

2012

 

2011

Risk-free interest rate

  0.18% - 0.71%   0.35% - 1.06%

Expected life (years)

  4.91   4.14

Expected volatility

  165%   90%

Expected dividends

  None   None
Stock option activity under the Company's equity plans
                         
    Number of
Shares
    Weighted-Average
Exercise Price
    Weighted Average
Remaining
Contractual Term
(in Years)
 

Outstanding, September 30, 2012

    3,512,286     $ 3.39       6.46  

Granted

    394,563     $ 2.52          

Exercised

    (46,067   $ 0.81          

Cancelled

    (80,311   $ 7.77          
   

 

 

                 

Outstanding, December 31, 2012

    3,780,471     $ 3.23       6.53  
   

 

 

                 
Significant ranges of outstanding and exercisable options
                                                 

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 – $ 0.79

    877,935       5.48     $ 0.60       846,507     $ 0.60       31,428  

$0.80 – $ 1.95

    946,116       2.51     $ 1.12       941,251     $ 1.12       4,865  

$2.34 – $ 2.60

    847,002       8.65     $ 2.50       209,633     $ 2.60       637,369  

$3.33 – $ 9.97

    738,668       9.16     $ 5.96       110,912     $ 8.91       627,756  

$11.05 – $ 11.68

    370,750       9.13     $ 11.08       17,991     $ 11.19       352,759  
   

 

 

                   

 

 

           

 

 

 
      3,780,471       6.53     $ 3.23       2,126,294     $ 1.55       1,654,177  
   

 

 

                   

 

 

           

 

 

 
Number of stock options outstanding under prior plans
         

2000 Stock Option Plan

    316,392  

2002 Stock Option Plan

    243,163  

2006 Stock Option Plan

    368,000  

2010 Stock Option Plan

    1,372,853  
   

 

 

 

Total stock options outstanding under the Prior Plans

    2,300,408  
   

 

 

 
Restricted stock units activity under Company's plan
                 
    Number of
Shares
    Weighted Average
Fair Market Value
Per Share
 

Outstanding, September 30, 2012

    515,834     $ 6.30  

Granted

    215,000     $ 2.69  

Settled

    —         —    

Cancelled

    (11,667   $ 11.05  
   

 

 

         

Outstanding, December 31, 2012

    719,167     $ 5.15