Quarterly report pursuant to Section 13 or 15(d)

EQUITY (Tables)

v3.6.0.2
EQUITY (Tables)
3 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of warrants issued and outstanding

Below is a table summarizing the warrants issued and outstanding as of December 31, 2016 (“Price” reflects the weighted average exercise price per share):

    Warrants   Price
Outstanding at September 30, 2016     614,923     $ 5.08  
Granted     —         —    
     Investor Warrants     5,827,501       2.92  
     Stock Based Compensation Warrants     —         —    
Exercised     —         —    
     Investor Warrants     —         —    
     Stock Based Compensation Warrants     —         —    
Forfeited or expired                
     Investor Warrants     (138,262 )     6.30  
     Stock Based Compensation Warrants     —         —    
Outstanding at December 31, 2016     6,304,162     $ 3.05  
Exercisable at December 31, 2016     6,304,162     $ 3.05  
Schedule of activity of the Stock Plan

Below is a table summarizing the Company’s activity for the three months ended December 31, 2016 (“Price” reflects the weighted average exercise price per share):

    Options   Price
Outstanding at September 30, 2016     2,857,468     $ 6.66  
Granted     —         —    
Exercised     —         —    
Forfeited or expired     (31,800 )     8.13  
Outstanding at December 31, 2016     2,825,668     $ 6.64  
Exercisable at December 31, 2016     1,911,912     $ 6.38  
Schedule of changes in nonvested restricted stock shares

Below is a table summarizing the Company’s activity for the three months ended December 31, 2016:

    Shares   Weighted
Average Grant
Date Fair Value
Nonvested at September 30, 2016     600,358       4.80  
     Granted     —         —    
     Vested     —         —    
     Forfeited     —         —    
Nonvested at December 31, 2016     600,358       4.80