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I. NET LOSS PER SHARE
9 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
I. NET LOSS PER SHARE

The following tables provide the details of the basic and diluted loss per-share (LPS) computations:

 

    Nine Months Ended June 30, 2015  
    Net Loss     Weighted Average Shares     LPS  
                   
Basic and dilutive LPS   $ (24,830,691 )     77,625,511     $ (0.32 )
                         

 

    Three Months Ended June 30, 2015  
    Net Loss     Weighted Average Shares     LPS  
                         
Basic LPS   $ (4,429,137 )     83,796,311     $ (0.05 )
Gain on derivatives     (1,100,760 )     1,337,796          
                         
Dilutive LPS   $ (5,529,897 )     85,134,107     $ (0.06 )

 

 

    Nine Months Ended June 30, 2014  
    Net Loss     Weighted Average Shares     LPS  
                   
Basic and dilutive LPS   $ (21,261,925 )     56,343,806     $ (0.38 )
                         

 

    Three Months Ended June 30, 2014  
    Net Loss     Weighted Average Shares     LPS  
                   
Basic LPS   $ (2,444,480 )     64,664,274     $ (0.04 )
Gain on derivatives     (4,467,776 )                
                         
Dilutive loss per share   $ (6,912,256 )     64,664,274     $ (0.11 )

 

The calculation of diluted net loss per share excludes the following potentially dilutive securities because their inclusion would have been anti-dilutive as of June 30:

 

    2015     2014  
             
Options and Warrants     38,786,333       39,601,505  
Convertible Debt     1,871,283       276,014  
Unvested Restricted Stock     15,100,000       -  
Total     55,757,616       39,877,519