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14. Provision for Income Taxes (Tables) | 12 Months Ended
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Sep. 30, 2015
Income Tax Disclosure [Abstract] |
Reconciliation of income tax expense |
|  | 2015 |  |  | 2014 |
Current expense: |  |  |  |  |  |  |  |
Federal |  | $ | 320,000 |  |  | $ | – |
State |  |  | 56,000 |  |  |  | – |
|  |  | 376,000 |  |  |  | – |
Deferred expense: |  |  |  |  |  |  |  |
Federal |  |  | – |  |  |  | – |
State |  |  | – |  |  |  | – |
|  |  | – |  |  |  | – |
Total income tax expense |  | $ | 376,000 |  |  | $ | – |
Reconciliation between effective and statutory income tax rates |
|  | 2015 |  |  | 2014 |
|  | Amount |  |  | Percent |  |  | Amount |  |  | Percent |
Federal statutory rates |  | $ | (4,874,337 | ) |  |  | 34% |  |  | $ | (1,584,870 | ) |  |  | 34% |
State income taxes |  |  | (123,292 | ) |  |  | 1% |  |  |  | (40,088 | ) |  |  | 1% |
Permanent differences |  |  | 2,794,987 |  |  |  | -19% |  |  |  | 200,518 |  |  |  | -4% |
Income not offset by net operating losses |  |  | 327,477 |  |  |  | -2% |  |  |  | – |  |  |  | 0% |
Valuation allowance against net deferred tax assets |  |  | 2,251,165 |  |  |  | -16% |  |  |  | 1,424,439 |  |  |  | -31% |
Effective rate |  | $ | 376,000 |  |  |  | -3% |  |  | $ | – |  |  |  | 0% |
Schedule of deferred income tax assets and liabilities |
|  | 2015 |  |  | 2014 |
Deferred income tax asset, current: |  |  |  |  |  |  |  |
Book to tax differences in accounts receivable |  | $ | 374,621 |  |  | $ | 259,448 |
Book to tax differences in prepaid assets and accrued expenses |  |  | 210,428 |  |  |  | (21,450 | )
Total deferred income tax asset, current |  |  | 585,049 |  |  |  | 237,998 |
Less: valuation allowance |  |  | (585,049 | ) |  |  | (237,998 | )
Deferred income tax asset, current, net |  |  | – |  |  |  | – |
Deferred income tax asset, long-term: |  |  |  |  |  |  |  |
Net operation loss carryforwards |  |  | 10,801,243 |  |  |  | 8,668,250 |
Book to tax differences in intangible assets |  |  | 632,557 |  |  |  | 928,222 |
Book to tax differences in organizational costs |  |  | 272,239 |  |  |  | – |
Book to tax differences in depreciation |  |  | (6,810 | ) |  |  | 5,710 |
Total deferred income tax asset, long-term |  |  | 11,669,229 |  |  |  | 9,602,182 |
Less: valuation allowance |  |  | (11,669,229 | ) |  |  | (9,602,182 | )
Deferred income tax asset, net |  |  | – |  |  |  | – |
Total deferred income tax asset |  | $ | – |  |  | $ | – |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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