11. Stock-based Compensation (Tables)

3 Months Ended

Dec. 31, 2016

Share-based Compensation [Abstract]

Stock option activity

			Weighted		Weighted
			Average		Average
	Number of		Exercise		Remaining
	Shares		Price		Contractual Life		Intrinsic Value
Outstanding at September 30, 2016		175,000	$	11.24		3.75	$	346,500
Granted		–
Exercised		–
Forfeited		–
Outstanding at December 31, 2016		175,000	$	11.24		3.50	$	2,236,875
Exercisable at December 31, 2016		168,750	$	10.70		3.55	$	2,236,875

Stock option exercise price

Outstanding				Exercisable
Number of		Exercise		Number of		Exercise
Options		Price		Options		Price
	31,250	$	5.00		31,250	$	5.00
	25,000		7.50		25,000		7.50
	31,250		10.00		31,250		10.00
	6,250		12.50		6,250		12.50
	6,250		15.00		–		15.00
	75,000		15.18		75,000		15.18
	175,000				168,750

Non-vested share activity

			Weighted
			Average
	Number of		Grant-Date
Non-vested Shares	Shares		Fair Value
Non-vested at September 30, 2016		6,250	$	14.22
Granted		–
Vested		–
Non-vested at December 31, 2016		6,250	$	14.22

Assumptions used

Risk-free interest rate	1.01%
Expected life of the options	2.5 to 3.5 years
Expected volatility	140%
Expected dividend yield	0%