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Note 11 - Stockholders' Equity
 3 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
1
1
. STOCKHOLDERS’ EQUITY
 
Summary
 
The following table summarizes changes in the components of stockholders
’ equity during the
three
months ended
December 31, 2017:
 
   
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
Accumulated
   
 
 
 
   
 
 
 
  
 
 
 
  
Additional
   
 
 
 
  
Other
   
Total
 
   
Common Stock
   
Paid-in
   
Accumulated
   
Comprehensive
   
Stockholders'
 
   
Shares
   
Amount
   
Capital
   
Deficit
   
Loss
   
Equity
 
Balances, September 30, 2017
    
32,158,436
     $
322
     $
87,956,839
     $
(52,771,853
 )   $
(1,269
 )   $
35,184,039
  
Share-based compensation expense
    
-
      
-
      
138,461
      
-
      
-
      
138,461
  
Issuance of common stock upon exercise of stock options, net
    
90,852
      
-
      
159,518
      
 
      
 
      
159,518
  
Other comprehensive loss
    
-
      
-
      
-
      
-
      
(8,031
 )    
(8,031
 )
Net loss
    
-
      
-
      
-
      
(1,683,253
 )    
 
      
(1,683,253
 )
Balances, December 31, 2017
    
32,249,288
     $
322
     $
88,254,818
     $
(54,455,106
 )   $
(9,300
 )   $
33,790,734
  
 
 
Share Buyback Program
 
The Board of Directors approved a share buyback program in
2013
under which the Company was authorized to repurchase up to
$4
million of its outstanding common shares. There were
no
shares repurchased d
uring the quarters ended
December 31, 2017
and
2016
respectively. At
December 31, 2017,
all repurchased shares were retired. In
December 2017,
the Board of Directors extended the program through
December 31, 2018.
 
Dividends
 
There were
no
dividends
declared in the
three
months ended
December 31, 2017
and
2016.