INCOME (LOSS) PER SHARE

6 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

INCOME (LOSS) PER SHARE

NOTE 8    INCOME (LOSS) PER SHARE

Basic per share data for each period presented is computed using the weighted-average number of shares of common stock outstanding during each such period.  Diluted per share data is computed using the weighted-average number of common and dilutive common-equivalent shares outstanding during each period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method. Diluted loss per share data for the three and six-month periods ended March 31, 2013 excludes 1,286,741 of common equivalent shares as inclusion of such shares would be anti-dilutive as their exercise prices were above market value. Diluted loss per share data for the three and six-month periods ended March 31, 2012 excludes all outstanding common equivalent shares as inclusion of such shares would be anti-dilutive.