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Note 11 - Stockholders' Equity
 3 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
11
. STOCKHOLDERS’ EQUITY
 
Summary
 
The following table summarizes changes in the components of stockholders’ equity during the
three
months ended
December
31,
2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additional
 
 
 
 
 
 
Other
 
 
Total
 
 
 
Common Stock
 
 
Paid-in
 
 
Accumulated
 
 
Comprehensive
 
 
Stockholders'
 
 
 
Shares
 
 
Amount
 
 
Capital
 
 
Deficit
 
 
Loss
 
 
Equity
 
Balances, September 30, 2016
   
31,800,103
     $
318
    $
86,467,215
     $
(51,895,099
 )   $
(1,549
 )   $
34,570,885
  
Share-based compensation expense
   
-
     
-
     
464,749
     
-
     
-
     
464,749
 
Other comprehensive loss
   
-
     
-
     
-
     
-
     
(6,310
 )    
(6,310
 )
Net loss
   
-
     
-
     
-
     
(812,680
 )    
-
     
(812,680
 )
Balances, December 31, 2016
   
31,800,103
     $
318
    $
86,931,964
     $
(52,707,779
 )   $
(7,859
 )   $
34,216,644
  
 
Share Buyback Program
 
The Board of Directors approved a share buyback program in
2015
under which the Company was authorized to repurchase up to
$4
million of its outstanding common shares. This program expired on
December
31,
2016
and in
December
2016,
the Board extended the program through
December
31,
2017.
There were
no
shares repurchased during the
three
months ended
December
31,
2016.
During the
three
months ended
December
31,
2015,
1,031,208
shares were repurchased for
$1,643,120
under the prior repurchase program.
 
Dividends
 
On
December
3,
2015,
the Company announced a cash dividend of
$0.01
per share on the Company’s common stock, payable on
January
29,
2016
to stockholders of record on
January
15,
2016.
There were
no
dividends declared in the
three
months ended
December
31,
2016.