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Nature of Operations and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
Potentially Dilutive Common Shares

For the three and six months ended March 31, 2014 and 2013, the following potentially dilutive common shares were excluded from the calculation of net loss per share, as they would have been antidilutive:

 

    

Three and six months ended

March 31,

 
     2014      2013  

Stock options

     2,708,063         2,672,758   

Restricted stock units

     1,155,472         680,004   

Warrants

     6,667         6,667   
  

 

 

    

 

 

 

Total potentially dilutive common shares outstanding

     3,870,202         3,359,429   
  

 

 

    

 

 

 
Calculation of Basic and Diluted Net Loss Per Share

The calculation of basic and diluted net loss per share is as follows:

 

     Three Months Ended
March 31,
   

Six Months Ended

March 31,

 
     2014     2013     2014     2013  

Net loss

   $ (2,193,017   $ (2,393,275   $ (3,661,317   $ (3,752,917
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average common shares outstanding - basic

     30,453,455        26,473,938        30,427,646        26,246,642   
  

 

 

   

 

 

   

 

 

   

 

 

 

Effect of dilutive common share equivalents

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average common shares and share equivalents outstanding - diluted

     30,453,455        26,473,938        30,427,646        26,246,642   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share - basic

   $ (0.07   $ (0.09   $ (0.12   $ (0.14
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share - diluted

   $ (0.07   $ (0.09   $ (0.12   $ (0.14
  

 

 

   

 

 

   

 

 

   

 

 

 
Summary of Accounts Receivable

Accounts receivable, net, is as follows:

 

     March 31,
2014
    September 30,
2013
 

Accounts receivable

   $ 3,122,819      $ 1,506,627   

Less: Allowance for doubtful accounts

     (7,500     (12,000
  

 

 

   

 

 

 

Accounts receivable, net

   $ 3,115,319      $ 1,494,627   
  

 

 

   

 

 

 
Components of Comprehensive Loss

The following table summarizes the components of comprehensive loss:

 

     Three months ended
March 31,
   

Six months ended

March 31,

 
     2014     2013     2014     2013  

Net loss

   $ (2,193,017   $ (2,393,275   $ (3,661,317   $ (3,752,917

Other comprehensive loss:

        

Change in unrealized gains (losses) on marketable securities

     6,686       (1,842 )     5,845       2,536  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total comprehensive loss

   $ (2,186,331   $ (2,395,117   $ (3,655,472   $ (3,750,381