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Note 13 - Stockholders' Equity
 12 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

 13. STOCKHOLDERS’ EQUITY


Common Stock Activity


During the year ended September 30, 2014, the Company issued 612,941 shares of common stock and obtained gross proceeds of $544,893 in connection with the exercise of stock options. During the year ended September 30, 2013, the Company issued 526,206 shares of common stock and obtained gross proceeds of $340,450 in connection with the exercise of stock options.


Preferred Stock


The Company is authorized under its certificate of incorporation and bylaws to issue 5,000,000 shares of preferred stock, $0.00001 par value, without any further action by the stockholders. The board of directors has the authority to divide any and all shares of preferred stock into series and to fix and determine the relative rights and preferences of the preferred stock, such as the designation of series and the number of shares constituting such series, dividend rights, redemption and sinking fund provisions, liquidation and dissolution preferences, conversion or exchange rights and voting rights, if any. Issuance of preferred stock by the board of directors could result in such shares having dividend and or liquidation preferences senior to the rights of the holders of common stock and could dilute the voting rights of the holders of common stock.


No shares of preferred stock were outstanding during the fiscal years ended September 30, 2014 or 2013.


Stock Purchase Warrants


At September 30, 2014 and 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.


Share Buyback Program


In July 2013, the Board of Directors approved a share buyback program under which the Company may repurchase up to $3 million of its outstanding common shares. In November 2013, the Board of Directors authorized the repurchase of an additional $1 million of the Company’s outstanding common shares and extended the expiration of the program through December 31, 2014. During the year ended September 30, 2014, the Company purchased 277,157 shares at an average price paid per share of $1.86 for a total cost of $516,352. During the year ended September 30, 2013, no shares were repurchased. At September 30, 2014, all repurchased shares were retired.