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Stockholders' Equity (Tables)

12 Months Ended

Sep. 30, 2015

Schedule of Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants

In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table:


	Fiscal 2015 Incentive Stock Options		Fiscal 2015 Non-Statutory Stock Options		Fiscal 2014 Incentive Stock Options
Expected term (years)		6.5		6.5		6.5
Expected volatility		83% to 87.40%		87.4%		112.11%
Risk-free interest rate		1.74% to 1.85%		1.85%		1.94%
Expected dividends		0		0		0

Schedule of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for fiscal year 2015 under all plans:


	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Yrs.)
Outstanding-beg of year		396,910		$	3.87
Options granted		193,464		$	7.82
Options exercised		(36,550	)	$	2.05
Forfeited		(1,527	)	$	9.17
Expired		(11,853	)	$	9.33
Outstanding Sept 30, 2015		540,444		$	5.27		7.4
Exercisable Sept 30, 2015		148,586		$	5.89		4.3

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of September 30, 2015 and changes during fiscal 2015 is presented below.


	Shares	Grant Date Fair Value Per Share
Non-vested shares at beg of year	123,840	$3.23
Granted	24,586	$8.23 to $8.60
Vested	0
Non-vested shares at Sept 30, 2015	148,426

Schedule of Warrant Activity

A summary of warrant activity for the year ended September 30, 2015 is presented in the following table:


	Number of Shares			Weighted Average Exercise Price Per Share
Outstanding-beg of year		1,262,500		$	2.75
Expired		(79,900	)	$	2.75
Exercised		(1,182,600	)	$	2.75
Outstanding and exercisable at Sept 30, 2015		0		$

Schedule of Noncontrolling Interest

	Good Times	Bad Daddy's	Total
Balance at September 30, 2014	$ 279,000	$ 0	$ 279,000
Income	$ 367,000	$ 124,000	$ 491,000
Acquired through the BDI acquisition	$ 0	$ 1,276,000	$ 1,276,000
Distributions	$ (326,000)	$ (105,000)	$ (431,000)
Balance at September 30, 2015	$ 320,000	$ 1,295,000	$ 1,615,000

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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