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Note 10 - Stockholders' Equity
 3 Months Ended
Dec. 31, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

10. STOCKHOLDERS’ EQUITY


Summary


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


   

Common Stock

   

Treasury

   

Additional

Paid-in

   

Accumulated

   

Total

Stockholders'

 
   

Shares

   

Amount

   

Stock

   

Capital

   

Deficit

   

Equity

 

Balances, September 30, 2013

    32,900,705     $ 329             $ 87,434,834     $ (62,673,754 )   $ 24,761,409  

Issuance of common stock upon exercise of stock options, net

    357,476       4               193,060               193,064  

Share-based compensation expense

                            149,814               149,814  

Repurchase of common stock

    (33,012 )     (1 )             (62,176 )             (62,177 )

Treasury shares

    (19,796 )           $ (37,420 )                     (37,420 )

Net income

                                    131,563       131,563  

Balances, December 31, 2013

    33,205,373     $ 332     $ (37,420 )   $ 87,715,532     $ (62,542,191 )   $ 25,136,253  

Stock Purchase Warrants


At December 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.


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. The repurchase authorization expires December 31, 2014. During the quarter ended December 31, 2013, the Company purchased 52,808 shares at an average price paid per share of $1.89 for a total cost of $99,597. At December 31, 2013, 33,012 of these shares were retired, and 19,796 were reported as treasury shares.