Net Income (Loss) Per Share

9 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 4. Net Income (Loss) Per Share

Basic net income (loss) per share includes no dilution and is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period. Diluted net income (loss) per share reflects, in the periods in which they have a dilutive effect, the dilution which would occur upon the exercise of stock options. A reconciliation of the shares used in calculating basic and diluted net income per share is as follows:

	Three months ended June 30,				Nine months ended June 30 ,
	2011		2010		2011		2010
Weighted average shares outstanding-basic		10,122,344		10,068,765		10,104,061		10,064,618
Number of shares issued on the assumed exercise of stock options		-		135,327		-		-
Weighted average shares outstanding-diluted		10,122,344		10,204,092		10,104,061		10,064,618

Options to purchase 1,501,317 and 914,000 shares of common stock, at prices from $0.89 to $7.45 and $3.02 to $7.45, were outstanding for the three months ended June 30, 2011 and 2010, respectively, but were not included in the computation of diluted earnings per share because they were anti-dilutive.

Options to purchase 1,501,317 and 1,529,442 shares of common stock, at prices from $0.89 to $7.45 and $1.05 to $7.45, were outstanding for the nine months ended and June 30, 2011 and 2010, respectively, but were not included in the computation of diluted earnings per share because they were anti-dilutive.