Annual report pursuant to Section 13 and 15(d)

Stock Option Plans (Tables)

Stock Option Plans (Tables)

12 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

A summary of stock option activity is as follows:


	Year Ended September 30,
(Number of Options in Thousands)	2014			2013

Number of options outstanding:
Beginning of year		1,478			1,747
Granted		2,595			108
Exercised		—			—
Terminated		(654	)		(377	)


End of year		3,419			1,478


Number of options exercisable at end of year		1,470			1,418
Number of options available for grant at end of year		7,408			10,000

Weighted average option prices per share:
Granted during the year	$	.28		$	.49
Exercised during the year		—			—
Terminated during the year		.42			.40
Outstanding at end of year		.32			.40
Exercisable at end of year		.38			.41

Schedule of Stock Options Outstanding

Stock options outstanding as of September 30, 2014 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		3,404	$	0.32		1,455	$	0.38		8.5
$1.01 to 2.39		15	$	2.39		15	$	2.39		3

Schedule of Black-Scholes Option Pricing Model and Weighted Average Assumptions

The average fair value of stock options granted was estimated to be $0.21 per share in fiscal 2014 and $0.43 per share in fiscal 2013. This estimate was made using the Black-Scholes option pricing model and the following weighted average assumptions:


	2014			2013

Expected option life (years)		9		10
Expected stock price volatility		95	%	94%
Expected dividend yield		—	%	— %
Risk-free interest rate		2.75	%	2.64% to 1.86%