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Note 14 - Stockholders' Equity
6 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
1
4
. STOCKHOLDERS’ EQUITY
 
Summary
 
The following table summarizes changes in the components of stockholders’ equity during the
six
months ended
March 31, 2018:
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
   
-
     
-
     
284,250
     
-
     
-
     
284,250
 
Issuance of common stock upon exercise of stock options, net
   
110,852
     
-
     
185,718
     
 
     
 
     
185,718
 
Issuance of common stock upon vesting of restricted stock units
   
125,000
     
-
     
-
     
-
     
-
     
-
 
Other comprehensive loss
   
-
     
-
     
-
     
-
     
(12,513
)    
(12,513
)
Net loss
   
-
     
-
     
-
     
(1,222,344
)    
 
     
(1,222,344
)
Balances, March 31, 2018
   
32,394,288
    $
322
    $
88,426,807
    $
(53,994,197
)   $
(13,782
)   $
34,419,150
 
 
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. There were
no
shares repurchased during the
six
-month periods ended
March 31, 2018
and
2017
respectively. At
March 31, 2018,
all repurchased shares were retired. In
December 2017,
the Board of Directors extended the program through
December 31, 2018.
At
March 31, 2018,
$3.9
million is available for share repurchase under this program.
 
Dividends
 
There were
no
dividends declared in the
six
months ended
March 31, 2018
and
2017.