LOSS PER SHARE (Tables)

6 Months Ended

12 Months Ended

Mar. 31, 2017

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of earnings per share

A summary of the net income (loss) and shares used to compute net income (loss) per share for the three-month and six-month periods ended March 31, 2017 and 2016 is as follows:

	Three months ended March 31,
	2017			2016
Net Loss for computation of basic and diluted net loss per share:
Net loss	$	(1,452,000	)	$	(142,700	)
Basic and Diluted net loss per share:
Basic net loss per share	$	(0.61	)	$	(0.28	)
Basic and Diluted weighted average shares outstanding		2,372,394			513,345
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
Convertible debt		-			416,358
Warrants		7,032			404,694
Options		334,428			71,150

	Six months ended March 31,
	2017			2016
Net Loss for computation of basic and diluted net loss per share:
Net loss	$	(2,892,200	)	$	(3,594,000	)
Basic and Diluted net loss per share:
Basic net loss per share	$	(1.29	)	$	(7.01	)
Basic and Diluted weighted average shares outstanding		2,236,728			512,716
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
Convertible debt		-			366,170
Warrants		7,093			219,461
Options		329,766			71,150

A summary of the net income (loss) and shares used to compute net income (loss) per share for the fiscal years ended September 30, 2016 and 2015 is as follows:  

	2016			2015
Net Loss for computation of basic and diluted net loss per share:
Net loss	$	(5,940,900	)	$	(3,379,400	)
Basic and Diluted net loss per share:
Basic net loss per share	$	(9.26	)	$	(6.64	)
Basic and Diluted weighted average shares outstanding		641,844			509,066
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
Convertible debt		1,441,344			50,348
Warrants		3,484			4,132
Options		74,588			63,634