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Note 11 - Income (Loss) Per Share
6 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

11. INCOME (LOSS) 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,
 
   

2014

   

2013

   

2014

   

2013

 

Basic

                               

Income (loss) available to common stockholders

  $ 525,926     $ (459,378 )   $ 657,489     $ (559,754 )

Weighted average common shares outstanding

    33,133,915       32,399,199       33,080,702       32,397,168  

Basic income (loss) per common share

  $ 0.02     $ (0.01 )   $ 0.02     $ (0.02 )
                                 

Diluted

                               

Income (loss) available to common stockholders

  $ 525,926     $ (459,378 )   $ 657,489     $ (559,754 )

Weighted average common shares outstanding

    33,133,915       32,399,199       33,080,702       32,397,168  

Assumed exercise of dilutive options and warrants

    906,594       -       675,765       -  

Weighted average dilutive shares outstanding

    34,040,509       32,399,199       33,756,467       32,397,168  

Diluted income (loss) per common share

  $ 0.02     $ (0.01 )   $ 0.02     $ (0.02 )
                                 
                                 

Potentially dilutive securities outstanding at period end excluded from the diluted computation as the inclusion would have been antidilutive:

                               

Options

    1,146,000       2,284,657       1,236,000       2,284,657  

Warrants

    1,627,945       1,627,945       1,627,945       1,627,945  

Total

    2,773,945       3,912,602       2,863,945       3,912,602