Quarterly report pursuant to Section 13 or 15(d)

EQUITY (Tables)

v3.7.0.1
EQUITY (Tables)
9 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of warrants issued and outstanding

Below is a table summarizing the warrants issued and outstanding as of June 30, 2017 (“Price” reflects the weighted average exercise price per share):

    Warrants        Price
Outstanding at September 30, 2016     614,923     $ 5.08  
Granted     —         —    
     Investor warrants     20,002,560       1.56  
     Stock-based compensation warrants     —         —    
Exercised     —         —    
     Investor warrants     —         —    
     Stock-based compensation warrants     —         —    
Forfeited or expired                
     Investor warrants     (4,213,331 )     3.03  
     Stock-based compensation warrants     (201,042 )     7.92  
Outstanding at June 30, 2017     16,203,110     $ 1.23  
Exercisable at June 30, 2017     16,203,110     $ 1.23  
Schedule of activity of stock options

Below is a table summarizing the Company’s activity for the nine month period ended June 30, 2017 (“Price” reflects the weighted average exercise price per share):

 

    Options        Price
Outstanding at September 30, 2016     2,857,468     $ 6.66  
Granted     750,000       0.65  
Exercised     —         —    
Forfeited or expired     (991,634 )     6.01  
Outstanding at June 30, 2017     2,615,834     $ 5.18  
Exercisable at June 30, 2017     1,795,247     $ 6.03  
Schedule of activity of restricted stock

Below is a table summarizing the Company’s activity for the nine months ended June 30, 2017:

 

    Shares        Weighted
Average Grant
Date Fair Value
Nonvested at September 30, 2016     600,358       4.80  
     Granted     —         —    
     Vested     (285,179 )     4.81  
     Forfeited     —         —    
Nonvested at June 30, 2017     315,179       4.79