Warrants (Table)

9 Months Ended

Jun. 30, 2013

Warrants (Table)

Schedule of Derivative Financial Instruments Indexed to, and Potentially Settled in, Entity's Own Stock, Equity

Risk-free interest rate	2.5%
Dividend yield	--
Volatility	30.0%
Expected term (in years)	10.5

The change in the fair value of the convertible preferred stock warrant liability for the three and nine months ended June 30, 2013 is summarized below:

Opening balance	$           0
Issuance of convertible preferred stock warrant	312,973
Decrease in fair value	0
Closing balance	$312,973

The following table presents the Company's fair value hierarchy for liabilties, consisting of a warrant liability, measured at fair value, prior to issuance costs, on a recurring basis at September 30, 2013.

	Level 1	Level 2	Level 3	Total
Warranty liability	$--	$--	$312,973	$312,973

Schedule of Stockholders' Equity Note, Warrants or Rights

The following table summarizes stock option activity under the 2011 Plan and 2007 Plan, from September 30, 2012 through June 30, 2013 (there was no activity during such period with respect to the 1996 Plan grants):

	Shares	Weighted AverageExercise Price	Weighted AverageRemaining Contractual Term (Years)	Aggregate Intrinsic Value
Outstanding at September 30, 2012	1,142,000	$3.31	4.2	$ --
Granted..............................................	120,000	1.14	9.3	--
Exercised...........................................	--	--	--	--
Forfeited............................................	(365,000)	3.43	--	--
Expired..............................................	--	--	--	--
Outstanding at June 30, 2013	897,000	$2.98	6.5	$ --
Options expected to vest at June 30, 2013..................................	375,151	$2.88	8.4	$--
Options vested and exercisable at June 30, 2013..................................	482,166	$3.03	4.9	$--