(Loss) Income Per Share

6 Months Ended

Mar. 31, 2012

14. (LOSS) INCOME PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended March 31,					Six Months Ended March 31,
	2012			2011		2012		2011
Basic
(Loss) income from continuing operations	$	(291,888	)	$	5,704,157	$	22,058	$	5,267,270
Income from discontinued operations		—			105		—		81,625

(Loss) income available to common stockholders	$	(291,888	)	$	5,704,262	$	22,058	$	5,348,895

Weighted average common shares outstanding		32,374,499			31,687,779		32,374,499		31,154,649

Basic (loss) income per common share, continuing operations	$	(0.01	)	$	0.18	$	—	$	0.17

Basic income per common share, discontinued operations	$	—		$	—	$	—	$	—

Basic (loss) income per common share	$	(0.01	)	$	0.18	$	—	$	0.17


Diluted
(Loss) income from continuing operations	$	(291,888	)	$	5,704,157	$	22,058	$	5,267,270
Income from discontinued operations		—			105		—		81,625

(Loss) income available to common stockholders	$	(291,888	)	$	5,704,262	$	22,058	$	5,348,895

Weighted average common shares outstanding		32,374,499			31,687,779		32,374,499		31,154,649
Assumed exercise of dilutive options and warrants		—			918,635		632,495		913,595

Weighted average dilutive shares outstanding		32,374,499			32,606,414		33,006,994		32,068,244

Diluited (loss) income per common share, continuing operations	$	(0.01	)	$	0.17	$	—	$	0.17

Diluted income per common share, discontinued operations	$	—		$	—	$	—	$	—

Diluted (loss) income per common share	$	(0.01	)	$	0.17	$	—	$	0.17

Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:
Options		2,004,075			2,220,700		1,994,075		2,220,700
Warrants		1,627,945			1,627,945		1,627,945		1,627,945

Total		3,632,020			3,848,645		3,622,020		3,848,645

- Definition

The entire disclosure for earnings per share.

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