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Note 14 - Stockholders' Equity
 9 Months Ended
Jun. 30, 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
nine
months ended
June 30, 2018:
 
 
   
 
 
 
  
 
 
 
  
Additional
    
 
 
 
  
Other
    
Total
  
   
Common Stock
    
Paid-in
    
Accumulated
   
Comprehensive
    
Stockholders'
  
   
Shares
    
Amount
    
Capital
    
Deficit
    
Loss
    
Equity
  
Balance at September 30, 2017
    
32,158,436
     $
322
     $
87,956,839
     $
(52,771,853
 )   $
(1,269
 )   $
35,184,039
  
Share-based compensation expense
    
-
      
-
      
433,063
      
-
      
-
      
433,063
  
Issuance of common stock upon exercise of stock options, net
    
579,653
      
-
      
1,027,719
      
-
      
-
      
1,027,719
  
Issuance of common stock upon vesting of restricted stock units
    
125,000
      
-
      
-
      
-
      
-
      
-
  
Stock buyback
    
(211,326
 )    
3
      
(500,272
 )    
-
      
-
      
(500,269
 )
Other comprehensive loss
    
-
      
 
      
 
      
 
      
(223,939
 )    
(223,939
 )
Net loss
    
-
      
-
      
-
      
(1,302,564
 )    
-
      
(1,302,564
 )
Balance at June 30, 2018
    
32,651,763
     $
325
     $
88,917,349
     $
(54,074,417
 )   $
(225,208
 )   $
34,618,049
  
 
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. In
December 2017,
the Board of Directors extended the program through
December 31, 2018.
There were
211,326
shares repurchased during the
nine
months period ended
June 30, 2018.
There were
zero
shares repurchased during the
nine
-month period ended
June 30, 2017.
At
June 30, 2018,
all repurchased shares were retired. At
June 30, 2018,
$3.4
million was available for share repurchase under this program.
 
Dividends
 
There were
no
dividends declared in the
nine
months ended
June 30, 2018
and
2017.