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Nature of Operations and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Potentially Dilutive Common Shares

For the three and six months ended March 31, 2015 and 2014, the following potentially dilutive common shares were excluded from the calculation of net income (loss) per share, as they would have been antidilutive:

 

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Stock options

 

 

2,507,643

 

 

 

2,708,063

 

 

 

2,218,425

 

 

 

2,708,063

 

Restricted stock units

 

 

399,780

 

 

 

1,155,472

 

 

 

435,461

 

 

 

1,155,472

 

Warrants

 

 

-

 

 

 

6,667

 

 

 

-

 

 

 

6,667

 

Total potentially dilutive common shares outstanding

 

 

2,907,423

 

 

 

3,870,202

 

 

 

2,653,886

 

 

 

3,870,202

 

 

Calculation of Basic and Diluted Net Income (Loss) Per Share

The calculation of basic and diluted net income (loss) per share is as follows:

 

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Net income (loss)

 

$

507,650

 

 

$

(2,193,017

)

 

$

653,830

 

 

$

(3,661,317

)

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

30,697,391

 

 

 

30,453,455

 

 

 

30,657,308

 

 

 

30,427,646

 

Diluted

 

 

31,321,259

 

 

 

30,453,455

 

 

 

31,241,374

 

 

 

30,427,646

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.02

 

 

 

(0.07

)

 

 

0.02

 

 

 

(0.12

)

Diluted

 

 

0.02

 

 

 

(0.07

)

 

 

0.02

 

 

 

(0.12

)

 

Summary of Accounts Receivable, Net

Accounts receivable, net, is as follows:

 

 

 

March 31,

2015

 

 

September 30,

2014

 

Accounts receivable

 

$

2,998,753

 

 

$

2,961,450

 

Less: Allowance for doubtful accounts

 

 

(16,000

)

 

 

(6,100

)

Accounts receivable, net

 

$

2,982,753

 

 

$

2,955,350