Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE (Tables)

v2.4.0.6
LOSS PER SHARE (Tables)
6 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

A summary of the net income (loss) and shares used to compute net income (loss) per share for the three months ended March 31, 2013 and 2012 are as follows:

 

    Three months ended
March 31,
 
    2013     2012  
Net Loss for computation of basic net loss per share:                
From continuing operations   $ (1,530,100 )   $ (8,310,400 )
From discontinued operations   $ (1,100 )   $ (84,100 )
Net loss   $ (1,531,200 )   $ (8,394,500 )
Basic net loss per share:                
From continuing operations   $ (0.07 )   $ (4.44 )
From discontinued operations   $ (0.00 )   $ (0.04 )
Basic net loss per share   $ (0.07 )   $ (4.48 )
Net Loss for computation of dilutive net loss per share:                
From continuing operations   $ (1,530,100 )   $ (8,310,400 )
From discontinued operations   $ (1,100 )   $ (84,100 )
Net loss   $ (1,531,200 )   $ (8,394,500 )
Diluted net loss per share:                
From continuing operations   $ (0.07 )   $ (4.44 )
From discontinued operations   $ (0.00 )   $ (0.04 )
Basic net loss per share   $ (0.07 )   $ (4.48 )
                 
Basic weighted average shares outstanding     22,294,401       1,873,948  
Dilutive common equivalent shares     -       -  
Diluted weighted average common shares     22,294,401       1,873,948  
                 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                
Convertible debt     34,655,501       2,051,886  
Warrants     762,582       1,905,251  
Options     8,326,261       527,958  

  

A summary of the net loss and shares used to compute the loss per share for the six months ended March 31, 2013 and 2012 are as follows:

 

    Six months ended
March 31,
 
    2013     2012  
Net Loss for computation of basic net loss per share:                
From continuing operations   $ (2,491,200 )   $ (10,897,400 )
From discontinued operations   $ (13,300 )   $ (228,300 )
Net loss   $ (2,504,500 )   $ (11,125,700 )
Basic net loss per share:                
From continuing operations   $ (0.20 )   $ (5.82 )
From discontinued operations   $ (0.00 )   $ (0.12 )
Basic net loss per share   $ (0.20 )   $ (5.94 )
Net Loss for computation of dilutive net loss per share:                
From continuing operations   $ (2,491,200 )   $ (10,897,400 )
From discontinued operations   $ (13,300 )   $ (228,300 )
Net loss   $ (2,504,500 )   $ (11,125,700 )
Diluted net loss per share:                
From continuing operations   $ (0.20 )   $ (5.82 )
From discontinued operations   $ (0.00 )   $ (0.12 )
Basic net loss per share   $ (0.20 )   $ (5.94 )
                 
Basic weighted average shares outstanding     12,159,531       1,873,766  
Dilutive common equivalent shares     -       -  
Diluted weighted average common shares     12,159,531       1,873,766  
                 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                
Convertible debt     37,542,992       1,909,742  
Warrants     924,396       1,781,556  
Options     6,211,145       525,894