Fair Value of Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Fair Value, Liabilities Measured on Recurring Basis

The Company has issued warrants to purchase stock as described above. The fair value of the warrants was estimated by management in the absence of a readily ascertainable market value as follows:

	December 31, 2016
	Level 1		Level 2		Level 3
Warrant issued to acquire common stock	$	—	$	—	$	283

	March 31, 2017
	Level 1		Level 2		Level 3
Warrant issued to acquire common stock	$	0	$	0	$	256

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

Assumptions used in valuing the warrants as of March 31, 2017 included:

Risk free interest rate	1.68	%
Contractual term	5 years
Dividend yield	—	%
Expected lives	4.1 years
Expected volatility	144	%
Fair value per warrant	$5.29

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

Change in Level 3 liabilities for the year ended March 31, 2017:

	Beginning Balance		Realized/Unrealized		Purchases and		Ending Balance		Change in Realized (gains) losses for liabilities held at
	September 30, 2016		(Gains) Losses		Settlements		March 31, 2017		March 31, 2017
Warrant issued to acquire common stock	$	204	$	52	$	—	$	256	$	52