Annual report pursuant to Section 13 and 15(d)

Stock Option Plans (Tables)

Stock Option Plans (Tables)

12 Months Ended

Sep. 30, 2013

A summary of stock option activity is as follows:

	Year Ended September 30,
(Number of Options in Thousands)	2013			2012

Number of options outstanding:
Beginning of year		1,747			301
Granted		108			1,747
Exercised		—			—
Terminated		(377	)		(301	)

End of year		1,478			1,747

Number of options exercisable at end of year		1,418			1,658
Number of options available for grant at end of year		10,000			1,201

Weighted average option prices per share:
Granted during the year	$	.49		$	.41
Exercised during the year		—			—
Terminated during the year		.40			—
Outstanding at end of year		.40			.38
Exercisable at end of year		.41			.40

Schedule of stock options outstanding

Stock options outstanding as of September 30, 2013 were as follows (number of options in thousands):

Range of Exercise Prices	Number Outstanding		Weighted Average Price		Number Exercisable		Weighted Average Price		Average Remaining Life (Years)

Under $1.00		1,463	$	.40		1,403	$	.41		7
$1.01 to 2.39		15	$	2.39		15	$	2.39		4

Schedule of Black-Scholes option pricing model and weighted average assumptions

The average fair value of stock options granted was estimated to be $0.43 per share in fiscal 2013 and $0.26 per share in fiscal 2012. This estimate was made using the Black-Scholes option pricing model and the following weighted average assumptions:

	2013		2012

Expected option life (years)	10.0		5.0
Expected stock price volatility	94	%	76	%
Expected dividend yield	—	%	—	%
Risk-free interest rate	2.64% to 1.86	%	.91	%

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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