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Nature of Operations and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Potentially Dilutive Common Shares Excluded from Net Loss per Share Calculation

At September 30, 2015, 2014 and 2013, the following potentially dilutive common shares were excluded from the net income (loss) per share calculation, as they would have been antidilutive:

 

 

 

2015

 

 

2014

 

 

2013

 

Stock options

 

 

2,202,844

 

 

 

2,334,326

 

 

 

2,824,964

 

Warrants

 

 

-

 

 

 

6,667

 

 

 

6,667

 

Restricted stock units

 

 

350,184

 

 

 

1,101,303

 

 

 

692,504

 

Total potentially dilutive common shares outstanding

 

 

2,553,028

 

 

 

3,442,296

 

 

 

3,524,135

 

 

Computation of Basic and Diluted Net Income (Loss) Per Share

The computation of basic and diluted net income (loss) per share for the fiscal years ended September 30, 2015, 2014 and 2013 is as follows:

 

 

 

2015

 

 

2014

 

 

2013

 

Net income (loss)

 

$

2,526,139

 

 

$

(5,291,869

)

 

$

(7,275,706

)

Weighted-average common shares and share equivalents

   outstanding—basic

 

 

30,790,258

 

 

 

30,466,063

 

 

 

27,492,670

 

Dilutive potential common stock equivalents

 

 

689,983

 

 

 

 

 

 

 

Weighted-average common shares and share equivalents

   outstanding—diluted

 

 

31,480,241

 

 

 

30,466,063

 

 

 

27,492,670

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.08

 

 

$

(0.17

)

 

$

(0.26

)

Diluted

 

$

0.08

 

 

$

(0.17

)

 

$

(0.26

)

 

Summary of Property and Equipment

The following is a summary of property and equipment as of September 30, 2015 and 2014:

 

 

 

2015

 

 

2014

 

Property and equipment—at cost:

 

 

 

 

 

 

 

 

Equipment

 

$

1,281,161

 

 

$

1,177,364

 

Furniture and fixtures

 

 

229,201

 

 

 

227,189

 

Leasehold improvements

 

 

994,573

 

 

 

980,837

 

 

 

 

2,504,935

 

 

 

2,385,390

 

Less: accumulated depreciation and amortization

 

 

(1,529,600

)

 

 

(1,092,120

)

Total property and equipment, net

 

$

975,335

 

 

$

1,293,270

 

 

Components of Comprehensive Loss

The following table summarizes the components of comprehensive loss for the fiscal years ended September 30, 2015, 2014 and 2013:

 

 

 

2015

 

 

2014

 

 

2013

 

Net income (loss)

 

$

2,526,139

 

 

$

(5,291,869

)

 

$

(7,275,706

)

Other comprehensive loss:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustment

 

 

(318

)

 

 

-

 

 

 

-

 

Change in unrealized gains (losses) on marketable

   securities

 

 

4,887

 

 

 

(9,648

)

 

 

2,454

 

Total comprehensive loss

 

$

2,530,708

 

 

$

(5,301,517

)

 

$

(7,273,252

)