Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v2.4.0.8
EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A summary of the net earnings (loss) and shares used to compute net income (loss) per share for the three months ended June 30, 2013 and 2012 are as follows:
 
 
 
Three months ended
June 30,
 
 
 
2013
 
2012
 
Net Loss for computation of basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(1,332,200)
 
$
3,716,400
 
From discontinued operations
 
$
(1,800)
 
$
(101,200)
 
Net loss
 
$
(1,334,000)
 
$
3,615,200
 
Basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.03)
 
$
1.98
 
From discontinued operations
 
$
(0.00)
 
$
(0.05)
 
Basic net loss per share
 
$
(0.03)
 
$
1.93
 
Net Loss for computation of dilutive net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(1,332,200)
 
$
3,716,400
 
From discontinued operations
 
$
(1,800)
 
$
(101,200)
 
Net loss
 
$
(1,334,000)
 
$
3,615,200
 
Diluted net earnings (loss) per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.03)
 
$
0.52
 
From discontinued operations
 
$
(0.00)
 
$
(0.01)
 
Basic net earnings (loss) per share
 
$
(0.03)
 
$
0.51
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
42,691,256
 
 
1,874,175
 
Dilutive common equivalent shares
 
 
-
 
 
5,226,232
 
Diluted weighted average common shares
 
 
42,691,256
 
 
7,100,407
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
15,484,248
 
 
2,537,964
 
Warrants
 
 
1,344,222
 
 
2,164,440
 
Options
 
 
9,749,594
 
 
523,828
 
 
A summary of the net loss and shares used to compute the loss per share for the nine months ended June 30, 2013 and 2012 are as follows:
 
 
 
Nine months ended
June 30,
 
 
 
2013
 
2012
 
Net Loss for computation of basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(3,823,300)
 
$
(7,180,800)
 
From discontinued operations
 
$
(15,200)
 
$
(329,500)
 
Net loss
 
$
(3,838,500)
 
$
(7,510,300)
 
Basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.17)
 
$
(3.83)
 
From discontinued operations
 
$
(0.00)
 
$
(0.18)
 
Basic net loss per share
 
$
(0.17)
 
$
(4.01)
 
Net Loss for computation of dilutive net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(3,823,300)
 
$
(7,180,800)
 
From discontinued operations
 
$
(15,200)
 
$
(329,500)
 
Net loss
 
$
(3,838,500)
 
$
(7,510,300)
 
Diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.17)
 
$
(3.83)
 
From discontinued operations
 
$
(0.00)
 
$
(0.18)
 
Basic net loss per share
 
$
(0.17)
 
$
(4.01)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
22,336,772
 
 
1,873,902
 
Dilutive common equivalent shares
 
 
-
 
 
-
 
Diluted weighted average common shares
 
 
22,336,772
 
 
1,873,902
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
28,520,408
 
 
2,206,186
 
Warrants
 
 
1,064,338
 
 
1,909,184
 
Options
 
 
7,429,517
 
 
525,206