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Stockholders' Equity
6 Months Ended
Mar. 31, 2013
Stockholders' Equity [Abstract]  
STOCKHOLDERS' EQUITY

10. STOCKHOLDERS’ EQUITY

Summary

The following table summarizes changes in the components of stockholders’ equity during the six months ended March 31, 2013:

 

                                         
    Common Stock     Additional
Paid-in
    Accumulated     Total
Stockholders’
 
    Shares     Amount     Capital     Deficit     Equity  

Balances, September 30, 2012

    32,374,499     $ 324     $ 86,358,011     $ (63,936,566   $ 22,421,769  

Issuance of common stock upon exercise of stock options

    24,700       —         19,228       —         19,228  

Share-based compensation expense

    —         —         390,303       —         390,303  

Net loss

    —         —         —         (559,754     (559,754
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balances, March 31, 2013

    32,399,199     $ 324     $ 86,767,542     $ (64,496,320   $ 22,271,546  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Stock Purchase Warrants

At March 31, 2013, the Company had 1,627,945 shares purchasable under outstanding warrants at an exercise price of $2.67 which are exercisable through February 4, 2016.