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Net Loss per Share
3 Months Ended
Dec. 31, 2013
Net Loss per Share [Text Block]

15. Net Loss Per Share

The following is the calculation of net loss per share:

    Three months ended December 31,  

 

  2012     2013  

Net loss

$ (28,165,749 ) $ (5,282,042 )

Weighted average shares used in basic and diluted computation

  12,619,597     12,619,597  

Loss per share – Basic and diluted

$ (2.23 ) $ (0.42 )

For the three months ended December, 2013, the outstanding 24,600 stock options and outstanding 15,000 shares of restricted stock were anti-dilutive and excluded from diluted net loss per share. For the three months ended December 31, 2012, the outstanding 791,671 stock options and outstanding 35,000 shares of restricted stock were anti-dilutive and excluded from diluted net loss per share.