RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)

9 Months Ended

Jun. 30, 2015

Adjustment of Income Statement [Member]

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables) [Line Items]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	For the nine months ended  June 30, 2015				For the three months ended  June 30, 2015
	As Restated		Previous		As Restated		Previous
Total revenue	$	12,394,852	$	12,394,852	$	4,072,998	$	4,072,998
Total costs of revenue		3,401,001		3,401,001		1,138,199		1,138,199
Gross margin		8,993,851		8,993,851		2,934,799		2,934,799
General and administrative expenses		8,574,416		8,574,416		2,911,961		2,911,961
Impairment loss on goodwill and other intangible assets		5,598,021		2,400,000		5,598,021		2,400,000
Depreciation and amortization		549,287		549,287		167,881		167,881
Total operating expenses		14,721,724		11,523,703		8,677,863		5,479,842
Loss from operations		(5,727,873)		(2,529,852)		(5,743,064)		(2,545,043)
Other expense, net		(1,387,224)		(1,387,224)		(368,661)		(368,661)
Net loss	$	(7,115,097)	$	(3,917,076)	$	(6,111,725)	$	(2,913,704)

Adjustment of Balance Sheet [Member]

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables) [Line Items]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	As Restated		Previous
ASSETS
Total current assets		2,717,694		2,717,694
PROPERTY AND EQUIPMENT, net		1,598,064		1,598,064
INTANGIBLE ASSETS, net		-		346,731
GOODWILL, net		3,207,314		6,058,604
OTHER NON-CURRENT ASSETS		234,695		234,695
Total assets	$	7,757,767	$	10,955,788
LIABILITIES AND EQUITY
Total liabilities		9,499,963		9,499,963
Total Onstream Media stockholders’  (deficit) equity		(2,742,196)		455,825
Noncontrolling owners’ interest in  Variable Interest Entity		1,000,000		1,000,000
Total (deficit) equity		(1,742,196)		1,455,825
Total liabilities and equity	$	7,757,767	$	10,955,788