Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Sep. 30, 2018 | Dec. 12, 2018 | Mar. 31, 2018 | |
Document Information [Line Items] | |||
Entity Registrant Name | Bridgeline Digital, Inc. | ||
Entity Central Index Key | 1,378,590 | ||
Trading Symbol | blin | ||
Current Fiscal Year End Date | --09-30 | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Emerging Growth Company | false | ||
Entity Small Business | true | ||
Entity Common Stock, Shares Outstanding (in shares) | 13,849,225 | ||
Entity Public Float | $ 6,551,051 | ||
Document Type | 10-K | ||
Document Period End Date | Sep. 30, 2018 | ||
Document Fiscal Year Focus | 2,018 | ||
Document Fiscal Period Focus | FY | ||
Amendment Flag | false | ||
Entity Shell Company | false |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 |
Current assets: | ||
Cash and cash equivalents | $ 644 | $ 748 |
Accounts receivable and unbilled receivables, net | 1,721 | 3,026 |
Prepaid expenses and other current assets | 473 | 352 |
Total current assets | 2,838 | 4,126 |
Property and equipment, net | 80 | 209 |
Intangible assets, net | 20 | 263 |
Goodwill | 7,782 | 12,641 |
Other assets | 280 | 334 |
Total assets | 11,000 | 17,573 |
Current liabilities: | ||
Accounts payable | 1,577 | 1,241 |
Accrued liabilities | 580 | 920 |
Debt, current portion | 1,017 | |
Deferred revenue | 594 | 1,466 |
Total current liabilities | 3,768 | 3,627 |
Debt, net of current portion | 2,574 | 2,500 |
Other long term liabilities | 234 | 172 |
Total liabilities | 6,576 | 6,299 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Preferred stock - $0.001 par value; 1,000,000 shares authorized; 264,000 shares designated as Series A Convertible Preferred stock: 264,000 and 262,364 at September 30, 2018 and 243,536 and 241,900 at September 30, 2017 issued and outstanding (liquidation preference $2,624 at September 30, 2018) | ||
Common stock - $0.001 par value; 50,000,000 shares authorized; 4,241,225 at September 30, 2018 and 4,200,219 at September 30, 2017, issued and outstanding | 5 | 4 |
Additional paid-in capital | 66,548 | 65,869 |
Accumulated deficit | (61,778) | (54,249) |
Accumulated other comprehensive loss | (351) | (350) |
Total stockholders’ equity | 4,424 | 11,274 |
Total liabilities and stockholders’ equity | $ 11,000 | $ 17,573 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parentheticals) - USD ($) | Sep. 30, 2018 | Sep. 30, 2017 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 1,000,000 | 1,000,000 |
Preferred stock, shares issued (in shares) | 264,000 | 243,536 |
Preferred stock, shares outstanding (in shares) | 262,364 | 241,900 |
Preferred stock, liquidation preference | $ 2,624 | |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 50,000,000 | 50,000,000 |
Common stock, shares issued (in shares) | 4,241,225 | 4,200,219 |
Common stock, shares outstanding (in shares) | 4,241,225 | 4,200,219 |
Series A Convertible Preferred Stock [Member] | ||
Preferred stock, shares authorized (in shares) | 264,000 |
Consolidated Statements of Oper
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Net revenue: | ||
Net revenue | $ 13,568 | $ 16,293 |
Cost of revenue: | ||
Cost of revenue | 6,748 | 7,160 |
Gross profit | 6,820 | 9,133 |
Operating expenses: | ||
Sales and marketing | 3,951 | 4,807 |
General and administrative | 2,852 | 3,256 |
Research and development | 1,604 | 1,587 |
Depreciation and amortization | 356 | 582 |
Goodwill impairment | 4,859 | |
Restructuring, Settlement and Impairment Provisions, Total | 187 | 286 |
Total operating expenses | 13,809 | 10,518 |
Loss from operations | (6,989) | (1,385) |
Interest and other expense, net | (233) | (201) |
Loss before income taxes | (7,222) | (1,586) |
(Benefit)/provision for income taxes | (3) | 16 |
Net loss | (7,219) | (1,602) |
Dividends on convertible preferred stock | (310) | (281) |
Net loss applicable to common shareholders | $ (7,529) | $ (1,883) |
Net loss per share attributable to common shareholders: | ||
Basic and diluted (in dollars per share) | $ (1.78) | $ (0.45) |
Number of weighted average shares outstanding: | ||
Basic and diluted (in shares) | 4,227,442 | 4,147,140 |
Service [Member] | ||
Net revenue: | ||
Net revenue | $ 6,914 | $ 8,498 |
Cost of revenue: | ||
Cost of revenue | 4,473 | 4,911 |
License [Member] | ||
Net revenue: | ||
Net revenue | 5,609 | 6,788 |
Cost of revenue: | ||
Cost of revenue | 2,011 | 1,969 |
Technology Service [Member] | ||
Net revenue: | ||
Net revenue | 1,045 | 1,007 |
Cost of revenue: | ||
Cost of revenue | $ 264 | $ 280 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Net Loss | $ (7,219) | $ (1,602) |
Other Comprehensive (Income)Loss: Net change in foreign currency translation adjustment | (1) | 3 |
Comprehensive loss | $ (7,220) | $ (1,599) |
Consolidated Statements of Stoc
Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Total |
Balance (in shares) at Sep. 30, 2016 | 221 | 3,727 | ||||
Balance at Sep. 30, 2016 | $ 4 | $ 64,217 | $ (52,366) | $ (353) | $ 11,502 | |
Stock Issued During Period, Shares, New Issues | 429 | |||||
Stock Issued During Period, Value, New Issues | 860 | 860 | ||||
Stock-based compensation expense | 418 | 418 | ||||
Issuance of common stock - contingent shares (in shares) | 1 | |||||
Issuance of common stock - restricted shares (in shares) | 43 | |||||
Issuance of common stock - restricted shares | 133 | 133 | ||||
Stock dividends - issued (in shares) | 24 | |||||
Stock dividends - issued | 241 | (207) | 34 | |||
Stock dividends - declared | (74) | (74) | ||||
Preferred stock conversion to common (in shares) | (1) | 1 | ||||
Net loss | (1,602) | (1,602) | ||||
Foreign currency translation | 3 | 3 | ||||
Balance (in shares) at Sep. 30, 2017 | 244 | 4,201 | ||||
Balance at Sep. 30, 2017 | $ 4 | 65,869 | (54,249) | (350) | 11,274 | |
Stock-based compensation expense | 491 | 491 | ||||
Issuance of common stock - restricted shares (in shares) | 41 | |||||
Issuance of common stock - restricted shares | $ 1 | 1 | ||||
Stock dividends - issued (in shares) | 18 | |||||
Stock dividends - issued | 188 | (310) | (122) | |||
Net loss | (7,219) | (7,219) | ||||
Foreign currency translation | (1) | (1) | ||||
Balance (in shares) at Sep. 30, 2018 | 262 | 4,242 | ||||
Balance at Sep. 30, 2018 | $ 5 | $ 66,548 | $ (61,778) | $ (351) | $ 4,424 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows $ in Thousands | 12 Months Ended | |
Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | |
Cash flows used in operating activities: | ||
Net loss | $ (7,219) | $ (1,602) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Loss on disposal of property and equipment | 60 | 94 |
Amortization of Intangible Assets, Total | 242 | 285 |
Depreciation | 105 | 256 |
Other amortization | 66 | 100 |
Goodwill impairment | 4,859 | |
Debt discount amortization | 129 | |
Change in fair value of warrant | (161) | |
Stock-based compensation | 492 | 559 |
Changes in operating assets and liabilities, net of acquisitions: | ||
Accounts receivable and unbilled receivables | 1,305 | (477) |
Prepaid expenses and other assets | (71) | 77 |
Accounts payable and accrued liabilities | (41) | (163) |
Deferred revenue | (872) | 106 |
Other liabilities | (8) | (175) |
Total adjustments | 6,105 | 662 |
Net cash used in operating activities | (1,114) | (940) |
Cash flows used in investing activities: | ||
Purchase of equipment and improvements | (35) | (47) |
Software development capitalization costs | (15) | (46) |
Net cash used in investing activities | (50) | (93) |
Cash flows provided by financing activities: | ||
Proceeds from issuance of common stock, net of issuance costs | 852 | |
Proceeds from term notes from Montage Capital, net of issuance costs | 953 | |
Proceeds from Promissory Term Notes | 800 | |
Borrowings on bank line of credit | 920 | 2,177 |
Payments on bank line of credit | (1,339) | (1,792) |
Principal payments on term notes from Montage Capital | (78) | |
Contingent acquisition payments | (75) | |
Principal payments on capital leases | (45) | |
Cash dividends paid on Convertible Preferred Series A stock | (195) | |
Net cash provided by financing activities | 1,061 | 1,117 |
Effect of exchange rate changes on cash and cash equivalents | (1) | 3 |
Net (decrease)/increase in cash and cash equivalents | (104) | 87 |
Cash and cash equivalents at beginning of year | 748 | 661 |
Cash and cash equivalents at end of year | 644 | 748 |
Cash paid for: | ||
Interest | 250 | 128 |
Income taxes | 14 | 18 |
Non cash investing and financing activities: | ||
Stock dividends on Convertible Preferred Series A stock | $ 115 | $ 281 |
Note 1 - Description of Busines
Note 1 - Description of Business | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 1. Overview Bridgeline Digital, The Digital Engagement Company™, helps customers with their digital experience from websites and intranets to eCommerce experiences. The Bridgeline Unbound platform is delivered through a cloud-based SaaS (“Software as a Service”) multi-tenant business model, providing maintenance, daily technical operation and support; or via a traditional perpetual licensing business model, in which the software resides on a dedicated server in either the customer’s facility or hosted by Bridgeline via a cloud-based hosted services model. The Company was incorporated under the laws of the State of Delaware on August 28, 2000. Locations The Company’s corporate office is located in Burlington, Massachusetts. The Company has one Reverse Stock Split On June 29, 2017, 1 5 “1 5 1 5 July 24, 2017 July 25, 2017. The accompanying consolidated financial statements and footnotes have been retroactively adjusted to reflect the effects of the 1 5 Liquidity The Company has incurred operating losses and used cash in its operating activities for the past several years. Cash was used to fund operations, develop new products, and build infrastructure. During the past two The Company has a Loan and Security Agreement with Heritage Bank of Commerce (“Heritage Bank” or “Heritage”). The Heritage Bank Loan and Security Agreement (“Heritage Agreement”) has a current maturity date of January 1, 2020. $2.5 may may not may September 30, 2018, $2.1 no September 30, 2018. In October 2018, $5.0 $3.4 Revenues have decreased in fiscal 2018 2017. may not no twelve |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 2. Basis of Presentation and Principles of Consolidation The Company’s fiscal year end is September 30. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP (“Generally Accepted Accounting Principles”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported periods. The most significant estimates included in these financial statements are the valuation of accounts receivable and long-term assets, including intangibles, goodwill and deferred tax assets, stock-based compensation, amounts of revenue to be recognized on service contracts in progress, unbilled receivables, and deferred revenue. Actual results could differ from these estimates under different assumptions or conditions. Cash and Cash Equivalents The Company considers all highly liquid instruments with original maturity of three The Company’s cash is maintained with what management believes to be a high-credit quality financial institution. At times, deposits held at this bank may Concentration of Credit Risk, Significant Customers, and Off-Balance Sheet Risk Financial instruments, which potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents, and accounts receivable. The Company extends credit to customers on an unsecured basis in the normal course of business. Management performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit when deemed necessary. Accounts receivable are carried at original invoice less an estimate for doubtful accounts based on a review of all outstanding amounts. The Company has no Allowance for Doubtful Accounts The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. For all customers, the Company recognizes allowances for doubtful accounts based on the length of time that the receivables are past due, current business environment and its historical experience. If the financial condition of the Company’s customers were to deteriorate, resulting in impairment of their ability to make payments, additional allowances may Revenue Recognition Overview The Company enters into arrangements to sell digital engagement services (professional services), software licenses or combinations thereof. Revenue is categorized into: (i) Digital Engagement Services; (ii) Subscriptions and Perpetual Licenses; and (iii) Managed Service Hosting. Through fiscal 2018, 985 605, Software-Revenue Recognition 605 25 , Revenue Recognition, Multiple-Element Arrangements. 1 2 3 4 The Company maintains a reseller channel to supplement our direct sales force for our Bridgeline Unbound platform. Resellers are generally located in territories where the Company does not Digital E ngagement Services Digital engagement services include professional services primarily related to the Company’s web development solutions that address specific customer needs such as digital strategy, information architecture and usability engineering, .Net development, rich media development, back end integration, search engine optimization, quality assurance and project management. Digital engagement services are contracted for on either a fixed price or time and materials basis. For its fixed price engagements, after assigning the relative selling price to the elements of the arrangement, the Company applies the proportional performance model (if not Digital engagement services also include retained professional services contracted for on an “on call” basis or for a certain amount of hours each month. Such arrangements generally provide for a guaranteed availability of a number of professional services hours each month on a “use it or lose it” basis. For retained professional services sold on a stand-alone basis the Company recognizes revenue as the services are provided or over the term of the contractual retainer period. These arrangements do not not not Managed Service Hosting Managed service hosting includes hosting arrangements that provide for the use of certain hardware and infrastructure for those customers who do not 30 Subscriptions and Perpetual Licenses The Company licenses its software on either a perpetual or subscription basis. Customers who license the software on a perpetual basis receive rights to use the software for an indefinite time period and an option to purchase post-customer support (“PCS”). For arrangements that consist of a perpetual license and PCS, as long as Vendor Specific Objective Evidence (“VSOE”) exists for the PCS, then PCS revenue is recognized ratably on a straight-line basis over the period of performance and the perpetual license is recognized on a residual basis. Under the residual method, the fair value of the undelivered elements are deferred and the remaining portion of the arrangement fee is allocated to the delivered elements and recognized as revenue, assuming all other revenue recognition criteria have been met. Customers may 90 Multiple Element Arrangements In accounting for multiple element arrangements, we follow either ASC Topic 605 985 Revenue Recognition Software 605 25 Revenue Recognition Multiple Element Arrangements In accordance with Revenue Recognition: Multiple Deliverable Revenue Arrangement. 1 2 not VSOE is generally limited to the price at which we sell the element in a separate stand-alone transaction. TPE is determined based on the prices charged by the Company’s competitors for a similar deliverable when sold separately. It is difficult for us to obtain sufficient information on competitor pricing, so we may not When the Company licenses its software on a perpetual basis in a multiple element arrangement that arrangement typically includes PCS and application development services. In assessing the hierarchy of relative selling price for PCS, we have determined that VSOE is established for PCS. VSOE for PCS is based on the price of PCS when sold separately, which has been established via annual renewal rates. Similarly, when the Company licenses its software on a perpetual basis in a multiple element arrangement that also includes managed service hosting (“hosting”), we have determined that VSOE is established for hosting based on the price of the hosting when sold separately, which has been established based on renewal rates of the hosting contract. Revenue recognition for perpetual licenses sold with application development services are considered on a case by case basis. The Company has not 605 985, not not In determining VSOE for the digital engagement services element, the separability of the services from the software license and the value of the services when sold on a standalone basis are considered. The Company also considers the categorization of the services, the timing of when the services contract was signed in relation to the signing of the perpetual license contract and delivery of the software, and whether the services can be performed by others. The Company has concluded that its application development services are not not not third not When subscription arrangements are sold with application development services, the Company uses its judgment as to whether the application development services qualify as a separate unit of accounting. When subscription service arrangements involve multiple elements that qualify as separate units of accounting, the Company allocates arrangement consideration in multiple-deliverable arrangements at the inception of an arrangement to all deliverables based on the relative selling price model in accordance with the selling price hierarchy, which includes: (i) VSOE when available; (ii) TPE if VSOE is not not two one two three Customer Payment Terms Payment terms with customers typically require payment 30 may not 45 The Company's digital engagement services agreements with customers do not no Warranty Certain arrangements include a warranty period, which is generally 30 may Reimbursable Expenses In connection with certain arrangements, reimbursable expenses are incurred and billed to customers and such amounts are recognized as both revenue and cost of revenue. Property and Equipment The components of property and equipment are stated at cost, net of accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets ( three five Internal Use Software Costs incurred in the preliminary stages of development are expensed as incurred. Once an application has reached the development stage, internal and external costs, if direct and incremental, are capitalized until the software is substantially complete and ready for its intended use. Capitalization ceases upon completion of all substantial testing. The Company also capitalizes costs related to specific upgrades and enhancements when it is probable that the expenditures will result in additional functionality. Capitalized costs are recorded as part of equipment and improvements. Training costs are expensed as incurred. Internal use software is amortized on a straight-line basis over its estimated useful life, generally three Research and Development and Software Development Costs Costs for research and development of a software product to sell, lease or otherwise market are charged to operations as incurred until technological feasibility has been established. Once technological feasibility has been established, certain software development costs incurred during the application development stage are eligible for capitalization. Based on the Company’s software product development process, technological feasibility is established upon completion of a working model. Software development costs that are capitalized and are amortized to cost of sales over the estimated useful life of the software, typically three $15 $46 2018 2017, Intangible Assets All intangible assets have finite lives and are stated at cost, net of amortization. Amortization is computed over the estimated useful life of the related assets on a straight-line method as follows: Description Estimated Useful Life (in years) Developed and core technology 3 Non-compete agreements 3 - 6 Customer relationships 5 - 6 Trademarks and trade names 1 - 10 Goodwill The Company elected to early adopt Accounting Standards Update ASU 2017 04, 350 2017 04” 2018. not one Valuation of Long-Lived Assets The Company periodically reviews its long-lived assets, which consist primarily of property and equipment and intangible assets with finite lives, for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may In addition, the Company’s evaluation considers non-financial data such as market trends, product development cycles and changes in management’s market emphasis. For the definite-lived intangible asset impairment review, the carrying value of the intangible assets is compared against the estimated undiscounted cash flows to be generated over the remaining life of the intangible assets. To the extent that the undiscounted future cash flows are less than the carrying value, the fair value of the asset is determined and impairment is recognized. If such fair value is less than the current carrying value, the asset is written down to the estimated fair value. There were no 2018 2017. Deferred Revenue Deferred revenue includes PCS and services billed in advance. PCS revenue, whether sold separately or as part of a multiple element arrangement, is deferred and recognized ratably over the term of the maintenance contract, generally 12 Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments, which consist principally of cash and cash equivalents, accounts receivable, accounts payable, and debt approximated their fair values at September 30, 2018 2017. September 30, 2018 September 30, 2017 September 30, 2018 2017 Foreign Currency The Company determines the appropriate method of measuring assets and liabilities as to whether the method should be based on the functional currency of the entity in the environment it operates or the reporting currency of the Company, the U.S. dollar. The Company has determined that the functional currency of its Indian subsidiary is the Rupee. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Equity accounts are translated at historical rates, except for the change in retained earnings during the results of the income statement translation process. Revenue and expense items are translated into U.S. dollars at average exchange rates for the period. The adjustments are recorded as a separate component of stockholders’ equity and are included in accumulated other comprehensive income (loss). The Company’s foreign currency translation net (losses) and gains for fiscal 2018 2017 1 $3, Segment Information The Company has one Stock-Based Compensation The Company accounts for stock-based compensation in the consolidated statements of operations based on their fair values of the awards on the date of grant on a straight-line basis over their vesting term. Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on the Company’s historical experience and future expectations. Valuation of Stock Options and Warrants Issued to Non-Employees The Company measures expense for non-employee stock-based compensation and the estimated fair value of options exchanged in business combinations and warrants issued for services using the fair value method for services received or the equity instruments issued, whichever is more readily measured. The Company estimated the fair value of stock options issued to non-employees using the Black-Scholes Merton option valuation model. The Company estimated the fair value of common stock warrants issued to non-employees using the binomial options pricing model. The Company evaluates common stock warrants as they are issued to determine whether they should be classified as an equity instrument or a liability. Those warrants that are classified as a liability are carried at fair value at each reporting date, with changes in their fair value recorded in other income (expense) in the Consolidated Statements of Operation. Advertising Costs Advertising costs are expensed when incurred. Such costs were $465 $528 2018 2017, Employee Benefits The Company sponsors a contributory 401 not no 2018 2017. Income Taxes On December 22, 2017, September 30, 2018, not December 31, 2017, 21 2018 twelve September 30, 2018, 2018 34 21 The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the Company’s financial statements and tax returns. Deferred income taxes are recognized based on temporary differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the temporary differences are expected to reverse. Valuation allowances are provided if based upon the weight of available evidence, it is more likely than not not The Company provides for reserves for potential payments of taxes to various tax authorities related to uncertain tax positions. Reserves are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is “more likely than not” The Company does not Net Los s Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding. Diluted net income per share is computed using the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and warrants using the “treasury stock” method and convertible preferred stock using the as-if-converted method. The computation of diluted earnings per share does not For fiscal 2018 2017, 457,846 450,646 546,151 539,593 2018 2017, Accounting Pronouncements Pending Adoption Revenue Recognition In May 2014, No. 2014 09, 606 2014 09 606 2014 09 December 15, 2017, 2014 09 2014 09 five may 2014 09 first September 30, 2019 ( 2019” may 2014 09 2014 09, 2014 09 no 2014 09 The Company has completed its assessment of all potential impacts of the new standard, and has determined that the impact will not not not first 1 2 Capitalized costs to acquire a contract and costs to fulfill a contract Under ASC 606, not Costs associated with fulfilling a contract, such as the internal labor hours to set up a perpetual license that we host or a SaaS license in our cloud environment will also be capitalized under ASC 606. The Company evaluated both qualitative and quantitative factors, including the estimated life cycles of its offerings, renewal rates, and its customer attrition to determine the amortization periods for the capitalized costs. The initial amortization period will generally be the customer contract term, which is typically thirty-six 36 Business Combinations In January 2017, No. 2017 01, 805 2017 01 December 15, 2017, In July 2017, No. 2017 11, 2017 11 2019 2020. Cash Flows In August 2016, 2016 15, December 15, 2017, not In November 2016, No. 2016 18 no December 15, 2017. 2016 18 2016 18 Recently Issued Accounting Pronouncements Leases In February 2016, No. 2016 02, No. 2016 02 December 15, 2018. Fair Value In August 2018, 2018 13, 820. December 15, 2019, All other Accounting Standards Updates issued but not not |
Note 3 - Accounts Receivable an
Note 3 - Accounts Receivable and Unbilled Receivables | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 3. Accounts receivable and unbilled receivables consists of the following: As of September 30, 2018 2017 Accounts receivable $ 1,866 $ 3,174 Unbilled receivables 36 41 Subtotal 1,902 3,215 Allowance for doubtful accounts (181 ) (189 ) Accounts receivable and unbilled receivables, net $ 1,721 $ 3,026 As of September 30, 2018, two 19% 12% September 30, 2017, two 23% 14% not |
Note 4 - Property and Equipment
Note 4 - Property and Equipment | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 4. Property and e quipment Property and equipment consists of the following: As of September 30, 2018 2017 Furniture and fixtures $ 233 $ 212 Purchased software 18 14 Property and equipment 56 46 Leasehold improvements 412 872 Total cost 719 1,144 Less accumulated depreciation (639 ) (935 ) Property and equipment, net $ 80 $ 209 Depreciation and amortization on the above assets was $105 $256 2018 2017, 2017, $5.9 |
Note 5 - Fair Value Measurement
Note 5 - Fair Value Measurement and Fair Value of Financial Instruments | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 5 . Fair Value Measurement and Fair Value of Financial Instruments The Company measures its financial assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., exit price) in an orderly transaction between market participants at the measurement date. Additionally, companies are required to provide disclosure and categorize assets and liabilities measured at fair value into one three 1 3 Level 1—Valuations Level 2—Valuations not Level 3—Valuations The Company believes the carrying values for accounts receivable and accounts payable and short-term debt approximate current fair values as of September 30, 2018 2017 September 30, 2018 2017 In October 2017, 3 eight 8 80%, 2.24%. September 30, 2018, 75%, 3.01% $0.98 The fair value of the warrant liability was valued at the loan execution date in the amount of $341 $161 October 2017. September 30, 2018 $180. The Company did not September 30, 2017. September 30, 2018 As of September 30, 2018 Level 1 Level 2 Level 3 Total Liabilities: Warrant liability $ - $ - $ 180 $ 180 Total Liabilities $ - $ - $ 180 $ 180 |
Note 6 - Goodwill
Note 6 - Goodwill | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Goodwill Disclosure [Text Block] | 6. The carrying value of goodwill is not September 30, may not not An interim test was performed at June 30, 2018 September 30, 2018, June 30, 2018 September 30, 2018 3 June 30, 2018, $4.6 September 30, 2018 $243. $4.9 September 30, 2018 Changes in the carrying value of goodwill are as follows: As of September 30, 2018 2017 Balance at beginning of period $ 12,641 $ 12,641 Impairment (4,859 ) - Balance at end of period $ 7,782 $ 12,641 |
Note 7 - Intangible Assets
Note 7 - Intangible Assets | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Intangible Assets Disclosure [Text Block] | 7 . Intangible Assets Intangible assets are comprised as follows: As of September 30, 2018 2017 Domain and trade names $ 10 $ 10 Customer related - 179 Non-compete agreements 10 74 Balance at end of period $ 20 $ 263 Total amortization expense of $242 $285 September 30, 2018 2017, . 2019 2020 $10 |
Note 8 - Accrued Liabilities
Note 8 - Accrued Liabilities | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | 8 . Accrued Liabilities Accrued liabilities consist of the following: As of September 30, 2018 2017 Accrued taxes 39 41 Compensation and benefits 151 244 Deferred rent (1) - 154 Professional fees 151 161 Restructuring expenses 53 119 Other 186 201 Total $ 580 $ 920 ( 1 September 30, 2018, no September 30, 2017, $154 $43 |
Note 9 - Debt
Note 9 - Debt | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 9 . Debt The Company’s debt as of September 30, 2018, September 30, 2017, As of September 30, 2018 2017 Line of credit borrowings $ 2,081 $ 2,500 Term loan - Montage Capital 922 $ - Promissory Term Notes 941 - Subtotal debt $ 3,944 $ 2,500 Other (debt discount warrants) $ (353 ) $ - Total debt $ 3,591 $ 2,500 Less current portion $ 1,017 $ - Long term debt, net of current portion $ 2,574 $ 2,500 Heritage Line of Credit In June 2016, 24 December 2018 January 1, 2020. 0.4% first 0.2% $6 September 30, 2018. The Heritage Agreement provides for up to $2.5 may $2.5 75% $1.0 may not may 1.75%, 7% 6% September 30, 2018 2017, September 30, 2018 2017, $2.1 $2.5 Michael Taglich, a director and Shareholder of the Company, signed an unconditional guaranty (the “Guaranty”) and promise to pay Heritage Bank all indebtedness in an amount not $1.5 may one Amendments – Heritage Bank The Company and Heritage have executed numerous amendments since the origination of the Heritage Agreement. Those amendments that are relevant as of September 30, 2018 The first August 15, 2016, $3.0 $2.5 second December 14, 2016, $250 October 6, 2017, fourth second October 10, 2017, On September 21, 2018, ninth September 7, 2018 $941. On December 27, 2018, tenth January 1, 2020, 2019. Montage Capital II, L.P. Loan Agreement On October 10, 2017, thirty-six 36 October 10, 2020. $1.5 may $1 12.75% $47 first nine July 1, 2018, $26 second On May 10, 2018, first third 2018 not March 31, 2018. October 22, 2018. September 7, 2018 $941. September 30, 2018. As additional consideration for the Loan, the Company issued to Montage Capital an eight Montage Warrant 66,315 $2.65 1 2 3 13 14 2 1934. $250. Promissory Term Notes On September 7, 2018, Promissory Term Notes $941. fifteen 15% twelve 12% six $3.0 $141 $40, $760 October 19, 2018, $5.0 $13, $954 October 23, 2018. The Company’s lenders, Heritage Bank and Montage Capital, approved the issuance of the Promissory Term Notes and the repayment terms and each Purchaser also entered into a Subordination Agreement with the lenders, pursuant to which the Purchasers agreed to subordinate (i) all of the Company’s indebtedness and obligations to the Purchasers, whether presently existing or arising in the future, to all of the Company’s indebtedness the Lenders and (ii) all of the Purchasers’ security interests, if any, to all of the Lenders’ security interests in property of the Company. |
Note 10 - Restructuring Charges
Note 10 - Restructuring Charges | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Restructuring and Related Activities Disclosure [Text Block] | 10 . Restructuring Charges Commencing in fiscal 2015 2017, second 2017, 2019. In total, a charge of $187 $286 2018 2017, The following table summarizes the restructuring charges reserve activity: Employee Severence and Benefits Facility Related and Other Costs Total Balance at beginning of period, October 1, 2016 $ 193 $ 247 $ 440 Charges to operations - 241 241 Cash disbursements (203 ) (347 ) (550 ) Changes in estimates - 33 33 Accretion Expense 10 2 12 Balance at end of period, September 30, 2017 $ - $ 176 $ 176 Charges to operations - 142 142 Cash disbursements - (226 ) (226 ) Changes in estimates - (19 ) (19 ) Accretion Expense - 5 5 Balance at end of period, September 30, 2018 $ - $ 78 $ 78 As of September 30, 2018, $25 $53 As of September 30, 2017, $119 $57 Accrued restructuring liabilities is comprised of the following: As of September 30, 2018 2017 Facilities and related $ 77 $ 133 Other 1 43 Total $ 78 $ 176 |
Note 11 - Commitments and Conti
Note 11 - Commitments and Contingencies | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 1 1 . Commitments and Contingencies Operating Lease Commitments The Company leases facilities in the United States. Future minimum rental commitments under non-cancelable operating leases with initial or remaining terms in excess of one September 30, 2018 Years Ending September 30, Gross Amount Sublease Income Amount Net 2019 $ 267 $ (108 ) $ 159 2020 129 (73 ) 56 Total $ 396 $ (181 ) $ 215 The Company has no 2020. 2018 2017 $368 $686, $119 $45 2018 2017, Other Commitments, Guarantees, and Indemnification Obligations The Company frequently warrants that the technology solutions it develops for its clients will operate in accordance with the project specifications without defects for a specified warranty period, subject to certain limitations that the Company believes are standard in the industry. In the event that defects are discovered during the warranty period, and none not The Company’s contracts typically provide for testing and client acceptance procedures that are designed to mitigate the likelihood of warranty-related claims, although there can be no not September 30, 2018. The Company’s agreements with customers generally require the Company to indemnify the customer against claims in which the Company’s products infringe third September 30, 2018 2017, not no not no Litigation The Company is subject to ordinary routine litigation and claims incidental to its business. As of September 30, 2018, not |
Note 12 - Stockholders' Equity
Note 12 - Stockholders' Equity | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 1 2 . Stock holders ’ Equity Preferred Stock In October 2014, 264,000 200,000 $10.00 $2.0 may $10.00 $16.25, September 30, 2018, 1,636 1,007 Any accrued but unpaid dividends on the shares of Preferred Stock to be converted shall also be converted in common stock at the conversion price. A mandatory provision also may $32.50 ten may 144. In the event of any liquidation, dissolution, or winding up of the Company, the holders of shares of Preferred Stock will be entitled to receive in preference to the holders of common stock, the amount equal to the stated value per share of Series A Preferred Stock plus declared and unpaid dividends, if any. After such payment has been made, the remaining assets of the Company will be distributed ratably to the holders of common stock. The Preferred Shares shall vote with the Common Stock on an as converted basis. Effective January 1, 2017, 12% 64,000 18,828 2018. 2018 $195. September 2018 October 1, 2018 $79. Common S tock In October 2016, 2,000 one $8. In November 2016, “November 2016 427,073 $2.40 $1.0 one 17,200 30,770 213,538 In February 2017, 36,826 $3.15 five September 30, 2017. $113 In June 2017, $20,000 first 7,273 $2.75. In February 2018, 41,006 $2.39 four September 30, 2018. $98 Registration Rights and Piggyback Registration The Company entered into a Registration Rights Agreement, wherein the Company agreed to file a registration statement (“Registration” or “Form S- 3” 1933, November 14, 2016 December 23, 2016. 348,334 174,167 3 Amended and Restated Stock Incentive Plan The Company has granted common stock, common stock warrants, and common stock option awards (the “Equity Awards”) to employees, consultants, advisors and debt holders of the Company and to former owners and employees of acquired companies that have become employees of the Company. The Company’s Amended and Restated Stock Incentive Plan (the “Plan”) provided for the issuance of up 250,000 August 2016. 220,380 September 2018. April 29, 2016, 2016 “2016 2016 500,000 237,466 September 30, 2018. September 30, 2018, 262,534 2016 Stock Option and Warrant Activity and Outstanding Shares A summary of combined option and warrant activity follows: Stock Options Stock Warrants Weighted Weighted Average Average Exercise Exercise Options Price Warrants Price Outstanding, October 1, 2016 448,586 $ 7.53 328,752 $ 11.71 Granted 28,400 $ 3.16 219,538 $ 3.95 Forfeited or expired (26,340 ) $ 11.52 (8,697 ) $ 35.00 Outstanding, September 30, 2017 450,646 $ 7.02 539,593 $ 8.18 Granted 19,900 $ 2.47 72,315 $ 4.09 Forfeited or expired (12,700 ) $ 6.74 (65,757 ) $ 31.25 Outstanding, September 30, 2018 457,846 $ 6.83 546,151 $ 6.16 There were no 2018 2017. 319,267 194,977 September 30, 2018 September 30, 2017, September 30, 2018 2017 $0 $4, A summary of the status of unvested shares is as follows: Weighted Average Grant-Date Shares Fair Value Unvested at October 1, 2017 255,669 $ 3.04 Granted 19,900 1.73 Vested (129,409 ) 3.21 Forfeited (7,581 ) 2.60 Unvested at September 30, 2018 138,579 $ 2.72 Price ranges of outstanding and exercisable options as of September 30, 2018 Outstanding Options Exercisable Options Weighted Average Weighted Number Weighted Number Remaining Average of Average Exercise of Contractual Exercise Options Exercise Price Options Life (Years) Price Exercisable Price $2.30 to $3.65 44,300 7.59 $ 2.91 8,733 $ 3.27 $3.66 to $6.05 355,078 7.73 4.40 252,066 4.49 $6.06 to $15.00 14,453 5.58 13.62 14,453 13.62 $15.01 to $41.00 44,015 3.38 28.11 44,015 28.11 457,846 7.23 $ 6.83 319,267 $ 8.12 Compensation Expense The Company estimates the fair value of stock options using the Black-Scholes-Merton option valuation model (the “Model”). The assumptions used to calculate compensation expense is as follows: Years Ended September 30, 2018 2017 Expected option life in years 6.0 6.0 Expected volatility 80.52 % 85.03 % Expected dividend rate 0.00 % 0.00 % Risk free interest rate 2.50 % 1.95 % Option exercise prices $2.30 to $41.00 $2.22 to $41.00 Weighted average fair value of options granted during the year $2.47 $2.27 Compensation expense is generally recognized on a graded accelerated basis over the vesting period of grants. During the years ended September 30, 2018 2017, $394 $418, 2018, $16 $378 2017, $18 $400 September 30, 2018, $266 2021. Common Stock Warrants The Company typically issues warrants to individual investors and placement agents to purchase shares of the Company’s common stock in connection with private placement fund raising activities. Warrants may six five Stock warrants outstanding at September 30, 2018 Issue Type Date Shares Price Expiration Placement Agent 11/6/2013 3,078 $ 32.50 11/6/2018 Placement Agent 3/28/2014 12,800 $ 26.25 3/28/2019 Placement Agent 10/28/2014 12,308 $ 16.25 10/28/2019 Director/Shareholder 12/31/2014 12,000 $ 20.00 12/31/2019 Director/Shareholder 2/12/2015 12,000 $ 20.00 2/12/2020 Director/Shareholder 5/12/2015 12,000 $ 20.00 5/12/2020 Director/Shareholder 12/31/2015 6,000 $ 20.00 12/31/2020 Placement Agent 5/17/2016 86,778 $ 3.75 5/17/2021 Placement Agent 5/11/2016 53,334 $ 3.75 5/11/2021 Placement Agent 7/15/2016 44,000 $ 4.60 7/15/2021 Investors 11/9/2016 213,538 $ 3.50 5/22/2022 Director/Shareholder 12/31/2016 6,000 $ 20.00 12/31/2021 Financing 10/10/2017 66,315 $ 2.65 10/10/2025 Director/Shareholder 12/31/2017 6,000 $ 20.00 12/31/2021 Total 546,151 Warrant Issuances Issuances Shares Exercise Price Investors 213,538 $ 3.50 Director/Shareholder 6,000 $ 20.00 Total issued in fiscal 2017 219,538 Financing 66,315 $ 2.65 Director/Shareholder 6,000 $ 20.00 Total issued in fiscal 2018 72,315 |
Note 13 - Income Taxes
Note 13 - Income Taxes | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 1 3 . Income Taxes The components of the Company’s tax provision as of September 30, 2018 2017 Years Ended September 30, 2018 2017 Current Federal $ - $ - State 19 16 Foreign - - Total current 19 16 Deferred Federal (22 ) - State - - Total deferred (22 ) - Total $ (3 ) $ 16 The Company’s income tax provision was computed using the federal statutory rate and average state statutory rates, net of related federal benefit. The provision differs from the amount computed by applying the statutory federal income tax rate to pretax income, as follows: Years Ended September 30, 2018 2017 Income tax benefit at the federal statutory rate of 21% and 34%, respectively $ (1,497 ) $ (556 ) Permanent differences, net 1,534 365 State income tax (benefit) (437 ) (86 ) Change in statutory rate 3,839 Change in valuation allowance attributable to operations (3,495 ) 193 Foreign Taxes - - Other 53 100 Total $ (3 ) $ 16 As of September 30, 2018, $30 2038. 382 may not 382 382 may $26 2038. The Company has deferred tax assets that are available to offset future taxable income. A valuation allowance is established if it is more likely than not not not not September 30, 2018. $22 not September 30, 2017. September 30, 2018, $3.5 21%. September 30, 2017, $185, The Company recognizes interest accrued related to unrecognized tax benefits in interest expense. Penalties, if incurred, are recognized as a component of tax expense. The Company is subject to U.S. federal income tax as well as income tax in certain state jurisdictions. The Company has not 2015 2018 Significant components of the Company’s deferred tax assets and liabilities are as follows: As of September 30, 2018 2017 Deferred tax assets: Current: Accrued vacation $ 26 $ 83 Bad debt reserve 49 74 Deferred revenue 90 595 Long-term: AMT carryforward 22 9 Contribution carryforward 15 29 Depreciation 36 118 Intangibles 437 774 Net operating loss carryforwards 7,515 9,981 Total deferred tax assets 8,190 11,663 Valuation allowance (8,168 ) (11,663 ) Net deferred tax assets $ 22 $ - Undistributed losses of the Company’s foreign subsidiary amounted to approximately ( $59 $381 September 30, 2018 2017, not not September 30, 2018, no no When accounting for uncertain income tax positions, the impact of uncertain tax positions are recognized in the financial statements if they are more likely than not no September 30, 2018 2017. not twelve |
Note 14 - Related Party Transac
Note 14 - Related Party Transactions | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 1 4 . Related Party Transactions In October 2013, 2012, 2013, 2014, 2016. $3 2013, 2015, 2018. September 30, 2018, 22% $1.5 54,000 $20.00 In connection with the November 2016 213,538 8,600 15,385 five one $3.50 six May 9, 2017. May 9, 2022. In connection with previous private offerings and debt issuances, Taglich Brothers, Inc were granted Placement Agent warrants to purchase 212,298 $6.42 Michael Taglich participated in the Promissory Term Notes in September 2018. $122. $40 five 5% |
Note 15 - Subsequent Events
Note 15 - Subsequent Events | 12 Months Ended |
Sep. 30, 2018 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 1 5 . Subsequent Event s P ublic Offering On October 16, 2018, Offering 1,424,000 Class A Units $0.50 one one five one $0.50 4,288 $0.50, one $3.4 In addition, the Company granted the underwriter of the Offering a 45 Over-allotment Option”) 1.5 1.5 400,000 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Sep. 30, 2018 | |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Basis of Presentation and Principles of Consolidation The Company’s fiscal year end is September 30. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with U.S. GAAP (“Generally Accepted Accounting Principles”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported periods. The most significant estimates included in these financial statements are the valuation of accounts receivable and long-term assets, including intangibles, goodwill and deferred tax assets, stock-based compensation, amounts of revenue to be recognized on service contracts in progress, unbilled receivables, and deferred revenue. Actual results could differ from these estimates under different assumptions or conditions. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents The Company considers all highly liquid instruments with original maturity of three The Company’s cash is maintained with what management believes to be a high-credit quality financial institution. At times, deposits held at this bank may |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | Concentration of Credit Risk, Significant Customers, and Off-Balance Sheet Risk Financial instruments, which potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents, and accounts receivable. The Company extends credit to customers on an unsecured basis in the normal course of business. Management performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit when deemed necessary. Accounts receivable are carried at original invoice less an estimate for doubtful accounts based on a review of all outstanding amounts. The Company has no |
Finance, Loans and Leases Receivable, Policy [Policy Text Block] | Allowance for Doubtful Accounts The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. For all customers, the Company recognizes allowances for doubtful accounts based on the length of time that the receivables are past due, current business environment and its historical experience. If the financial condition of the Company’s customers were to deteriorate, resulting in impairment of their ability to make payments, additional allowances may |
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition Overview The Company enters into arrangements to sell digital engagement services (professional services), software licenses or combinations thereof. Revenue is categorized into: (i) Digital Engagement Services; (ii) Subscriptions and Perpetual Licenses; and (iii) Managed Service Hosting. Through fiscal 2018, 985 605, Software-Revenue Recognition 605 25 , Revenue Recognition, Multiple-Element Arrangements. 1 2 3 4 The Company maintains a reseller channel to supplement our direct sales force for our Bridgeline Unbound platform. Resellers are generally located in territories where the Company does not |
Revenue Recognition, Sales of Services [Policy Text Block] | Digital E ngagement Services Digital engagement services include professional services primarily related to the Company’s web development solutions that address specific customer needs such as digital strategy, information architecture and usability engineering, .Net development, rich media development, back end integration, search engine optimization, quality assurance and project management. Digital engagement services are contracted for on either a fixed price or time and materials basis. For its fixed price engagements, after assigning the relative selling price to the elements of the arrangement, the Company applies the proportional performance model (if not Digital engagement services also include retained professional services contracted for on an “on call” basis or for a certain amount of hours each month. Such arrangements generally provide for a guaranteed availability of a number of professional services hours each month on a “use it or lose it” basis. For retained professional services sold on a stand-alone basis the Company recognizes revenue as the services are provided or over the term of the contractual retainer period. These arrangements do not not not Managed Service Hosting Managed service hosting includes hosting arrangements that provide for the use of certain hardware and infrastructure for those customers who do not 30 |
Revenue Recognition, Software [Policy Text Block] | Subscriptions and Perpetual Licenses The Company licenses its software on either a perpetual or subscription basis. Customers who license the software on a perpetual basis receive rights to use the software for an indefinite time period and an option to purchase post-customer support (“PCS”). For arrangements that consist of a perpetual license and PCS, as long as Vendor Specific Objective Evidence (“VSOE”) exists for the PCS, then PCS revenue is recognized ratably on a straight-line basis over the period of performance and the perpetual license is recognized on a residual basis. Under the residual method, the fair value of the undelivered elements are deferred and the remaining portion of the arrangement fee is allocated to the delivered elements and recognized as revenue, assuming all other revenue recognition criteria have been met. Customers may 90 |
Revenue Recognition, Multiple-deliverable Arrangements, Description [Policy Text Block] | Multiple Element Arrangements In accounting for multiple element arrangements, we follow either ASC Topic 605 985 Revenue Recognition Software 605 25 Revenue Recognition Multiple Element Arrangements In accordance with Revenue Recognition: Multiple Deliverable Revenue Arrangement. 1 2 not VSOE is generally limited to the price at which we sell the element in a separate stand-alone transaction. TPE is determined based on the prices charged by the Company’s competitors for a similar deliverable when sold separately. It is difficult for us to obtain sufficient information on competitor pricing, so we may not When the Company licenses its software on a perpetual basis in a multiple element arrangement that arrangement typically includes PCS and application development services. In assessing the hierarchy of relative selling price for PCS, we have determined that VSOE is established for PCS. VSOE for PCS is based on the price of PCS when sold separately, which has been established via annual renewal rates. Similarly, when the Company licenses its software on a perpetual basis in a multiple element arrangement that also includes managed service hosting (“hosting”), we have determined that VSOE is established for hosting based on the price of the hosting when sold separately, which has been established based on renewal rates of the hosting contract. Revenue recognition for perpetual licenses sold with application development services are considered on a case by case basis. The Company has not 605 985, not not In determining VSOE for the digital engagement services element, the separability of the services from the software license and the value of the services when sold on a standalone basis are considered. The Company also considers the categorization of the services, the timing of when the services contract was signed in relation to the signing of the perpetual license contract and delivery of the software, and whether the services can be performed by others. The Company has concluded that its application development services are not not not third not When subscription arrangements are sold with application development services, the Company uses its judgment as to whether the application development services qualify as a separate unit of accounting. When subscription service arrangements involve multiple elements that qualify as separate units of accounting, the Company allocates arrangement consideration in multiple-deliverable arrangements at the inception of an arrangement to all deliverables based on the relative selling price model in accordance with the selling price hierarchy, which includes: (i) VSOE when available; (ii) TPE if VSOE is not not two one two three |
Receivables, Policy [Policy Text Block] | Customer Payment Terms Payment terms with customers typically require payment 30 may not 45 The Company's digital engagement services agreements with customers do not no |
Standard Product Warranty, Policy [Policy Text Block] | Warranty Certain arrangements include a warranty period, which is generally 30 may |
Reimbursable Expenses, Policy [Policy Text Block] | Reimbursable Expenses In connection with certain arrangements, reimbursable expenses are incurred and billed to customers and such amounts are recognized as both revenue and cost of revenue. |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment The components of property and equipment are stated at cost, net of accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets ( three five Internal Use Software Costs incurred in the preliminary stages of development are expensed as incurred. Once an application has reached the development stage, internal and external costs, if direct and incremental, are capitalized until the software is substantially complete and ready for its intended use. Capitalization ceases upon completion of all substantial testing. The Company also capitalizes costs related to specific upgrades and enhancements when it is probable that the expenditures will result in additional functionality. Capitalized costs are recorded as part of equipment and improvements. Training costs are expensed as incurred. Internal use software is amortized on a straight-line basis over its estimated useful life, generally three |
Research, Development, and Computer Software, Policy [Policy Text Block] | Research and Development and Software Development Costs Costs for research and development of a software product to sell, lease or otherwise market are charged to operations as incurred until technological feasibility has been established. Once technological feasibility has been established, certain software development costs incurred during the application development stage are eligible for capitalization. Based on the Company’s software product development process, technological feasibility is established upon completion of a working model. Software development costs that are capitalized and are amortized to cost of sales over the estimated useful life of the software, typically three $15 $46 2018 2017, |
Intangible Assets, Finite-Lived, Policy [Policy Text Block] | Intangible Assets All intangible assets have finite lives and are stated at cost, net of amortization. Amortization is computed over the estimated useful life of the related assets on a straight-line method as follows: Description Estimated Useful Life (in years) Developed and core technology 3 Non-compete agreements 3 - 6 Customer relationships 5 - 6 Trademarks and trade names 1 - 10 |
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] | Goodwill The Company elected to early adopt Accounting Standards Update ASU 2017 04, 350 2017 04” 2018. not one |
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block] | Valuation of Long-Lived Assets The Company periodically reviews its long-lived assets, which consist primarily of property and equipment and intangible assets with finite lives, for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may In addition, the Company’s evaluation considers non-financial data such as market trends, product development cycles and changes in management’s market emphasis. For the definite-lived intangible asset impairment review, the carrying value of the intangible assets is compared against the estimated undiscounted cash flows to be generated over the remaining life of the intangible assets. To the extent that the undiscounted future cash flows are less than the carrying value, the fair value of the asset is determined and impairment is recognized. If such fair value is less than the current carrying value, the asset is written down to the estimated fair value. There were no 2018 2017. |
Revenue Recognition, Deferred Revenue [Policy Text Block] | Deferred Revenue Deferred revenue includes PCS and services billed in advance. PCS revenue, whether sold separately or as part of a multiple element arrangement, is deferred and recognized ratably over the term of the maintenance contract, generally 12 |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments, which consist principally of cash and cash equivalents, accounts receivable, accounts payable, and debt approximated their fair values at September 30, 2018 2017. September 30, 2018 September 30, 2017 September 30, 2018 2017 |
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency The Company determines the appropriate method of measuring assets and liabilities as to whether the method should be based on the functional currency of the entity in the environment it operates or the reporting currency of the Company, the U.S. dollar. The Company has determined that the functional currency of its Indian subsidiary is the Rupee. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date. Equity accounts are translated at historical rates, except for the change in retained earnings during the results of the income statement translation process. Revenue and expense items are translated into U.S. dollars at average exchange rates for the period. The adjustments are recorded as a separate component of stockholders’ equity and are included in accumulated other comprehensive income (loss). The Company’s foreign currency translation net (losses) and gains for fiscal 2018 2017 1 $3, |
Segment Reporting, Policy [Policy Text Block] | Segment Information The Company has one |
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based Compensation The Company accounts for stock-based compensation in the consolidated statements of operations based on their fair values of the awards on the date of grant on a straight-line basis over their vesting term. Compensation expense is recognized only for share-based payments expected to vest. The Company estimates forfeitures at the date of grant based on the Company’s historical experience and future expectations. |
Valuation of Stock Options and Warrants Issued to Non-employees, Policy [Policy Text Block] | Valuation of Stock Options and Warrants Issued to Non-Employees The Company measures expense for non-employee stock-based compensation and the estimated fair value of options exchanged in business combinations and warrants issued for services using the fair value method for services received or the equity instruments issued, whichever is more readily measured. The Company estimated the fair value of stock options issued to non-employees using the Black-Scholes Merton option valuation model. The Company estimated the fair value of common stock warrants issued to non-employees using the binomial options pricing model. The Company evaluates common stock warrants as they are issued to determine whether they should be classified as an equity instrument or a liability. Those warrants that are classified as a liability are carried at fair value at each reporting date, with changes in their fair value recorded in other income (expense) in the Consolidated Statements of Operation. |
Advertising Costs, Policy [Policy Text Block] | Advertising Costs Advertising costs are expensed when incurred. Such costs were $465 $528 2018 2017, |
Pension and Other Postretirement Plans, Policy [Policy Text Block] | Employee Benefits The Company sponsors a contributory 401 not no 2018 2017. |
Income Tax, Policy [Policy Text Block] | Income Taxes On December 22, 2017, September 30, 2018, not December 31, 2017, 21 2018 twelve September 30, 2018, 2018 34 21 The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the Company’s financial statements and tax returns. Deferred income taxes are recognized based on temporary differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the temporary differences are expected to reverse. Valuation allowances are provided if based upon the weight of available evidence, it is more likely than not not The Company provides for reserves for potential payments of taxes to various tax authorities related to uncertain tax positions. Reserves are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is “more likely than not” The Company does not |
Earnings Per Share, Policy [Policy Text Block] | Net Los s Per Share Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding. Diluted net income per share is computed using the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and warrants using the “treasury stock” method and convertible preferred stock using the as-if-converted method. The computation of diluted earnings per share does not For fiscal 2018 2017, 457,846 450,646 546,151 539,593 2018 2017, |
New Accounting Pronouncements, Policy [Policy Text Block] | Accounting Pronouncements Pending Adoption Revenue Recognition In May 2014, No. 2014 09, 606 2014 09 606 2014 09 December 15, 2017, 2014 09 2014 09 five may 2014 09 first September 30, 2019 ( 2019” may 2014 09 2014 09, 2014 09 no 2014 09 The Company has completed its assessment of all potential impacts of the new standard, and has determined that the impact will not not not first 1 2 Capitalized costs to acquire a contract and costs to fulfill a contract Under ASC 606, not Costs associated with fulfilling a contract, such as the internal labor hours to set up a perpetual license that we host or a SaaS license in our cloud environment will also be capitalized under ASC 606. The Company evaluated both qualitative and quantitative factors, including the estimated life cycles of its offerings, renewal rates, and its customer attrition to determine the amortization periods for the capitalized costs. The initial amortization period will generally be the customer contract term, which is typically thirty-six 36 Business Combinations In January 2017, No. 2017 01, 805 2017 01 December 15, 2017, In July 2017, No. 2017 11, 2017 11 2019 2020. Cash Flows In August 2016, 2016 15, December 15, 2017, not In November 2016, No. 2016 18 no December 15, 2017. 2016 18 2016 18 Recently Issued Accounting Pronouncements Leases In February 2016, No. 2016 02, No. 2016 02 December 15, 2018. Fair Value In August 2018, 2018 13, 820. December 15, 2019, All other Accounting Standards Updates issued but not not |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule Of Estimated Useful Life of Intangible Assets [Table Text Block] | Description Estimated Useful Life (in years) Developed and core technology 3 Non-compete agreements 3 - 6 Customer relationships 5 - 6 Trademarks and trade names 1 - 10 |
Note 3 - Accounts Receivable _2
Note 3 - Accounts Receivable and Unbilled Receivables (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | As of September 30, 2018 2017 Accounts receivable $ 1,866 $ 3,174 Unbilled receivables 36 41 Subtotal 1,902 3,215 Allowance for doubtful accounts (181 ) (189 ) Accounts receivable and unbilled receivables, net $ 1,721 $ 3,026 |
Note 4 - Property and Equipme_2
Note 4 - Property and Equipment (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | As of September 30, 2018 2017 Furniture and fixtures $ 233 $ 212 Purchased software 18 14 Property and equipment 56 46 Leasehold improvements 412 872 Total cost 719 1,144 Less accumulated depreciation (639 ) (935 ) Property and equipment, net $ 80 $ 209 |
Note 5 - Fair Value Measureme_2
Note 5 - Fair Value Measurement and Fair Value of Financial Instruments (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | As of September 30, 2018 Level 1 Level 2 Level 3 Total Liabilities: Warrant liability $ - $ - $ 180 $ 180 Total Liabilities $ - $ - $ 180 $ 180 |
Note 6 - Goodwill (Tables)
Note 6 - Goodwill (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Goodwill [Table Text Block] | As of September 30, 2018 2017 Balance at beginning of period $ 12,641 $ 12,641 Impairment (4,859 ) - Balance at end of period $ 7,782 $ 12,641 |
Note 7 - Intangible Assets (Tab
Note 7 - Intangible Assets (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | As of September 30, 2018 2017 Domain and trade names $ 10 $ 10 Customer related - 179 Non-compete agreements 10 74 Balance at end of period $ 20 $ 263 |
Note 8 - Accrued Liabilities (T
Note 8 - Accrued Liabilities (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Accrued Liabilities [Table Text Block] | As of September 30, 2018 2017 Accrued taxes 39 41 Compensation and benefits 151 244 Deferred rent (1) - 154 Professional fees 151 161 Restructuring expenses 53 119 Other 186 201 Total $ 580 $ 920 |
Note 9 - Debt (Tables)
Note 9 - Debt (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | As of September 30, 2018 2017 Line of credit borrowings $ 2,081 $ 2,500 Term loan - Montage Capital 922 $ - Promissory Term Notes 941 - Subtotal debt $ 3,944 $ 2,500 Other (debt discount warrants) $ (353 ) $ - Total debt $ 3,591 $ 2,500 Less current portion $ 1,017 $ - Long term debt, net of current portion $ 2,574 $ 2,500 |
Note 10 - Restructuring Charg_2
Note 10 - Restructuring Charges (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Restructuring Reserve by Type of Cost [Table Text Block] | Employee Severence and Benefits Facility Related and Other Costs Total Balance at beginning of period, October 1, 2016 $ 193 $ 247 $ 440 Charges to operations - 241 241 Cash disbursements (203 ) (347 ) (550 ) Changes in estimates - 33 33 Accretion Expense 10 2 12 Balance at end of period, September 30, 2017 $ - $ 176 $ 176 Charges to operations - 142 142 Cash disbursements - (226 ) (226 ) Changes in estimates - (19 ) (19 ) Accretion Expense - 5 5 Balance at end of period, September 30, 2018 $ - $ 78 $ 78 |
Restructuring and Related Costs [Table Text Block] | As of September 30, 2018 2017 Facilities and related $ 77 $ 133 Other 1 43 Total $ 78 $ 176 |
Note 11 - Commitments and Con_2
Note 11 - Commitments and Contingencies (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Years Ending September 30, Gross Amount Sublease Income Amount Net 2019 $ 267 $ (108 ) $ 159 2020 129 (73 ) 56 Total $ 396 $ (181 ) $ 215 |
Note 12 - Stockholders' Equity
Note 12 - Stockholders' Equity (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Share-based Compensation, Stock Options, Activity [Table Text Block] | Stock Options Stock Warrants Weighted Weighted Average Average Exercise Exercise Options Price Warrants Price Outstanding, October 1, 2016 448,586 $ 7.53 328,752 $ 11.71 Granted 28,400 $ 3.16 219,538 $ 3.95 Forfeited or expired (26,340 ) $ 11.52 (8,697 ) $ 35.00 Outstanding, September 30, 2017 450,646 $ 7.02 539,593 $ 8.18 Granted 19,900 $ 2.47 72,315 $ 4.09 Forfeited or expired (12,700 ) $ 6.74 (65,757 ) $ 31.25 Outstanding, September 30, 2018 457,846 $ 6.83 546,151 $ 6.16 |
Schedule of Nonvested Share Activity [Table Text Block] | Weighted Average Grant-Date Shares Fair Value Unvested at October 1, 2017 255,669 $ 3.04 Granted 19,900 1.73 Vested (129,409 ) 3.21 Forfeited (7,581 ) 2.60 Unvested at September 30, 2018 138,579 $ 2.72 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | Outstanding Options Exercisable Options Weighted Average Weighted Number Weighted Number Remaining Average of Average Exercise of Contractual Exercise Options Exercise Price Options Life (Years) Price Exercisable Price $2.30 to $3.65 44,300 7.59 $ 2.91 8,733 $ 3.27 $3.66 to $6.05 355,078 7.73 4.40 252,066 4.49 $6.06 to $15.00 14,453 5.58 13.62 14,453 13.62 $15.01 to $41.00 44,015 3.38 28.11 44,015 28.11 457,846 7.23 $ 6.83 319,267 $ 8.12 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | Years Ended September 30, 2018 2017 Expected option life in years 6.0 6.0 Expected volatility 80.52 % 85.03 % Expected dividend rate 0.00 % 0.00 % Risk free interest rate 2.50 % 1.95 % Option exercise prices $2.30 to $41.00 $2.22 to $41.00 Weighted average fair value of options granted during the year $2.47 $2.27 |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Issue Type Date Shares Price Expiration Placement Agent 11/6/2013 3,078 $ 32.50 11/6/2018 Placement Agent 3/28/2014 12,800 $ 26.25 3/28/2019 Placement Agent 10/28/2014 12,308 $ 16.25 10/28/2019 Director/Shareholder 12/31/2014 12,000 $ 20.00 12/31/2019 Director/Shareholder 2/12/2015 12,000 $ 20.00 2/12/2020 Director/Shareholder 5/12/2015 12,000 $ 20.00 5/12/2020 Director/Shareholder 12/31/2015 6,000 $ 20.00 12/31/2020 Placement Agent 5/17/2016 86,778 $ 3.75 5/17/2021 Placement Agent 5/11/2016 53,334 $ 3.75 5/11/2021 Placement Agent 7/15/2016 44,000 $ 4.60 7/15/2021 Investors 11/9/2016 213,538 $ 3.50 5/22/2022 Director/Shareholder 12/31/2016 6,000 $ 20.00 12/31/2021 Financing 10/10/2017 66,315 $ 2.65 10/10/2025 Director/Shareholder 12/31/2017 6,000 $ 20.00 12/31/2021 Total 546,151 Issuances Shares Exercise Price Investors 213,538 $ 3.50 Director/Shareholder 6,000 $ 20.00 Total issued in fiscal 2017 219,538 Financing 66,315 $ 2.65 Director/Shareholder 6,000 $ 20.00 Total issued in fiscal 2018 72,315 |
Note 13 - Income Taxes (Tables)
Note 13 - Income Taxes (Tables) | 12 Months Ended |
Sep. 30, 2018 | |
Notes Tables | |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | Years Ended September 30, 2018 2017 Current Federal $ - $ - State 19 16 Foreign - - Total current 19 16 Deferred Federal (22 ) - State - - Total deferred (22 ) - Total $ (3 ) $ 16 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | Years Ended September 30, 2018 2017 Income tax benefit at the federal statutory rate of 21% and 34%, respectively $ (1,497 ) $ (556 ) Permanent differences, net 1,534 365 State income tax (benefit) (437 ) (86 ) Change in statutory rate 3,839 Change in valuation allowance attributable to operations (3,495 ) 193 Foreign Taxes - - Other 53 100 Total $ (3 ) $ 16 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | As of September 30, 2018 2017 Deferred tax assets: Current: Accrued vacation $ 26 $ 83 Bad debt reserve 49 74 Deferred revenue 90 595 Long-term: AMT carryforward 22 9 Contribution carryforward 15 29 Depreciation 36 118 Intangibles 437 774 Net operating loss carryforwards 7,515 9,981 Total deferred tax assets 8,190 11,663 Valuation allowance (8,168 ) (11,663 ) Net deferred tax assets $ 22 $ - |
Note 1 - Description of Busin_2
Note 1 - Description of Business (Details Textual) $ in Thousands | Oct. 19, 2018USD ($) | Oct. 16, 2018USD ($) | Jul. 24, 2017 | Sep. 30, 2018USD ($) | Sep. 30, 2017USD ($) | Jun. 30, 2016USD ($) |
Subsequent Event [Member] | Public Offering [Member] | ||||||
Proceeds from Issuance or Sale of Equity, Total | $ 5,000 | |||||
Proceeds from Issuance or Sale of Equity, Net | $ 3,400 | |||||
Heritage Agreement [Member] | ||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,500 | $ 2,500 | ||||
Long-term Line of Credit, Total | 2,100 | $ 2,500 | ||||
Line of Credit Facility, Remaining Borrowing Capacity | $ 0 | |||||
Reverse Stock Split [Member] | ||||||
Stockholders' Equity Note, Stock Split, Conversion Ratio | 5 |
Note 2 - Summary of Significa_3
Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2019 | |
Warranty, Term | 30 days | ||
Capitalized Software Development Costs Amortization Period | 3 years | ||
Capitalized Computer Software, Additions | $ 15 | $ 46 | |
Number of Reporting Units | 1 | ||
Impairment of Long-Lived Assets Held-for-use | $ 0 | 0 | |
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent, Total | $ (1) | 3 | |
Number of Reportable Segments | 1 | ||
Advertising Expense | $ 465 | 528 | |
Defined Benefit Plan, Plan Assets, Contributions by Employer | $ 0 | $ 0 | |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 21.00% | ||
Scenario, Forecast [Member] | |||
Capitalized Contract Cost, Amortization Period | 3 years | ||
Employee Stock Option [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 457,846 | 450,646 | |
Warrant [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 546,151 | 539,593 | |
Internal Use Software [Member] | |||
Property, Plant and Equipment, Useful Life | 3 years | ||
Minimum [Member] | |||
Payment Terms | 30 days | ||
Property, Plant and Equipment, Useful Life | 3 years | ||
Maximum [Member] | |||
Payment Terms | 45 days | ||
Property, Plant and Equipment, Useful Life | 5 years |
Note 2 - Summary of Significa_4
Note 2 - Summary of Significant Accounting Policies - Estimated Useful Lives of Intangible Assets (Details) | 12 Months Ended |
Sep. 30, 2018 | |
Developed And Core Technology [Member] | |
Estimated Useful Life (Year) | 3 years |
Noncompete Agreements [Member] | Minimum [Member] | |
Estimated Useful Life (Year) | 3 years |
Noncompete Agreements [Member] | Maximum [Member] | |
Estimated Useful Life (Year) | 6 years |
Customer Relationships [Member] | Minimum [Member] | |
Estimated Useful Life (Year) | 5 years |
Customer Relationships [Member] | Maximum [Member] | |
Estimated Useful Life (Year) | 6 years |
Trademarks and Trade Names [Member] | Minimum [Member] | |
Estimated Useful Life (Year) | 1 year |
Trademarks and Trade Names [Member] | Maximum [Member] | |
Estimated Useful Life (Year) | 10 years |
Note 3 - Accounts Receivable _3
Note 3 - Accounts Receivable and Unbilled Receivables (Details Textual) - Customer Concentration Risk [Member] - Sales Revenue, Net [Member] | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Number of Major Customers | 2 | 2 |
Customer One [Member] | ||
Concentration Risk, Percentage | 19.00% | 23.00% |
Customer Two [Member] | ||
Concentration Risk, Percentage | 12.00% | 14.00% |
Note 3 - Accounts Receivable _4
Note 3 - Accounts Receivable and Unbilled Receivables - Summary of Accounts Receivable and Unbilled Receivables (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 |
Accounts receivable | $ 1,902 | $ 3,215 |
Allowance for doubtful accounts | (181) | (189) |
Accounts receivable and unbilled receivables, net | 1,721 | 3,026 |
Trade Accounts Receivable [Member] | ||
Accounts receivable | 1,866 | 3,174 |
Unbilled Receivables [Member] | ||
Accounts receivable | $ 36 | $ 41 |
Note 4 - Property and Equipme_3
Note 4 - Property and Equipment (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Depreciation, Total | $ 105 | $ 256 |
Property, Plant and Equipment, Disposals | $ 5,900 |
Note 4 - Property and Equipme_4
Note 4 - Property and Equipment - Summary of Equipment and Improvements (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 |
Property, plant and equipment, gross | $ 719 | $ 1,144 |
Less accumulated depreciation | (639) | (935) |
Property and equipment, net | 80 | 209 |
Furniture and Fixtures [Member] | ||
Property, plant and equipment, gross | 233 | 212 |
Purchase Software [Member] | ||
Property, plant and equipment, gross | 18 | 14 |
Computer Equipment [Member] | ||
Property, plant and equipment, gross | 56 | 46 |
Leasehold Improvements [Member] | ||
Property, plant and equipment, gross | $ 412 | $ 872 |
Note 5 - Fair Value Measureme_3
Note 5 - Fair Value Measurement and Fair Value of Financial Instruments (Details Textual) $ in Thousands | 12 Months Ended | |||
Sep. 30, 2018USD ($)$ / shares | Sep. 30, 2017USD ($) | Jun. 30, 2018 | Oct. 10, 2017USD ($) | |
Fair Value Adjustment of Warrants | $ (161) | |||
Warrants Issued as Consideration for Loan [Member] | ||||
Warrants and Rights Outstanding | 180 | $ 341 | ||
Fair Value Adjustment of Warrants | $ (161) | |||
Measurement Input, Expected Term [Member] | ||||
Warrants and Rights Outstanding, Measurement Input | 8 | |||
Measurement Input, Price Volatility [Member] | ||||
Warrants and Rights Outstanding, Measurement Input | 75 | 80 | ||
Measurement Input, Risk Free Interest Rate [Member] | ||||
Warrants and Rights Outstanding, Measurement Input | 3.01 | 2.24 | ||
Measurement Input, Share Price [Member] | ||||
Warrants and Rights Outstanding, Measurement Input | $ / shares | 0.98 |
Note 5 - Fair Value Measureme_4
Note 5 - Fair Value Measurement and Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Values on a Recurring Basis (Details) - Fair Value, Measurements, Recurring [Member] $ in Thousands | Sep. 30, 2018USD ($) |
Liabilities: | |
Warrant liability | $ 180 |
Total liabilities | 180 |
Fair Value, Inputs, Level 1 [Member] | |
Liabilities: | |
Warrant liability | |
Total liabilities | |
Fair Value, Inputs, Level 2 [Member] | |
Liabilities: | |
Warrant liability | |
Total liabilities | |
Fair Value, Inputs, Level 3 [Member] | |
Liabilities: | |
Warrant liability | 180 |
Total liabilities | $ 180 |
Note 6 - Goodwill (Details Text
Note 6 - Goodwill (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2018 | Jun. 30, 2018 | Sep. 30, 2018 | Sep. 30, 2017 | |
Goodwill, Impairment Loss | $ 243 | $ 4,600 | $ 4,859 | |
Goodwill, Period Increase (Decrease), Total | $ (4,900) |
Note 6 - Goodwill - Changes in
Note 6 - Goodwill - Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2018 | Jun. 30, 2018 | Sep. 30, 2018 | Sep. 30, 2017 | |
Balance at beginning of period | $ 12,641 | $ 12,641 | $ 12,641 | |
Impairment | $ (243) | $ (4,600) | (4,859) | |
Balance at end of period | $ 7,782 | $ 7,782 | $ 12,641 |
Note 7 - Intangible Assets (Det
Note 7 - Intangible Assets (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Amortization of Intangible Assets, Total | $ 242 | $ 285 |
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 10 | |
Finite-Lived Intangible Assets, Amortization Expense, Year Two | $ 10 |
Note 7 - Intangible Assets - Ch
Note 7 - Intangible Assets - Changes in the Carrying Amount of Intangible Assets (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 |
Finite Lived Intangible Assets, Net | $ 20 | $ 263 |
Domain And Trade Names [Member] | ||
Finite Lived Intangible Assets, Net | 10 | 10 |
Customer-Related Intangible Assets [Member] | ||
Finite Lived Intangible Assets, Net | 179 | |
Noncompete Agreements [Member] | ||
Finite Lived Intangible Assets, Net | $ 10 | $ 74 |
Note 8 - Accrued Liabilities (D
Note 8 - Accrued Liabilities (Details Textual) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 | |
Deferred Rent Credit, Current | $ 0 | $ 154 | [1] |
Other Liabilities, Noncurrent, Total | $ 234 | 172 | |
Other Noncurrent Liabilities [Member] | |||
Accrued Liabilities and Other Liabilities, Total | 154 | ||
Accrued Liabilities, Current [Member] | |||
Other Liabilities, Noncurrent, Total | $ 43 | ||
[1] | The deferred rent liability was amortized as a reduction of rent expense over the lives of the leases. As of September 30, 2018, there is no deferred rent liability due to the restructuring and termination of certain leases. As of September 30, 2017, $154 is reflected in Accrued Liabilities and $43 is reflected in Other long term liabilities on the Consolidated Balance Sheet as deferred rent liabilities. |
Note 8 - Accrued Liabilities -
Note 8 - Accrued Liabilities - Summary of Accrued Liabilities (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 | |
Accrued taxes | $ 39 | $ 41 | |
Compensation and benefits | 151 | 244 | |
Deferred rent (1) | 0 | 154 | [1] |
Professional fees | 151 | 161 | |
Restructuring expenses | 53 | 119 | |
Other | 186 | 201 | |
Total | $ 580 | $ 920 | |
[1] | The deferred rent liability was amortized as a reduction of rent expense over the lives of the leases. As of September 30, 2018, there is no deferred rent liability due to the restructuring and termination of certain leases. As of September 30, 2017, $154 is reflected in Accrued Liabilities and $43 is reflected in Other long term liabilities on the Consolidated Balance Sheet as deferred rent liabilities. |
Note 9 - Debt (Details Textual)
Note 9 - Debt (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | Oct. 23, 2018 | Oct. 19, 2018 | Sep. 07, 2018 | Oct. 10, 2017 | Jun. 30, 2016 | Jun. 09, 2019 | Sep. 30, 2018 | Jun. 30, 2018 | Sep. 30, 2017 | Jun. 30, 2017 | Dec. 14, 2016 | Aug. 15, 2016 |
Long-term Debt, Gross | $ 3,944 | $ 2,500 | ||||||||||
Proceeds from Issuance of Long-term Debt, Total | $ 953 | |||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 72,315 | 219,538 | ||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | ||||||||||||
Debt Instrument, Unamortized Discount, Total | $ 353 | |||||||||||
Interest Paid, Excluding Capitalized Interest, Operating Activities | 250 | 128 | ||||||||||
Repayments of Debt | 78 | |||||||||||
Subsequent Event [Member] | Public Offering [Member] | ||||||||||||
Proceeds from Issuance or Sale of Equity, Total | $ 5,000 | |||||||||||
Warrants Issued as Consideration for Loan [Member] | ||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 66,315 | |||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 2.65 | |||||||||||
Equity Buy-out, First Tranche | $ 250 | |||||||||||
Promissory Term Notes [Member] | ||||||||||||
Long-term Debt, Gross | $ 941 | 941 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | |||||||||||
Debt Instrument, Interest Rate, Discount Percentage | 15.00% | |||||||||||
Deb And Equity Financing Minimum Requirement | $ 3,000 | |||||||||||
Debt Instrument, Unamortized Discount, Total | 141 | |||||||||||
Payments of Debt Issuance Costs | 40 | |||||||||||
Proceeds from Debt, Net of Issuance Costs | $ 760 | |||||||||||
Promissory Term Notes [Member] | Maximum [Member] | ||||||||||||
Debt Instrument, Term | 180 days | |||||||||||
Promissory Term Notes [Member] | Subsequent Event [Member] | ||||||||||||
Interest Paid, Excluding Capitalized Interest, Operating Activities | $ 13 | |||||||||||
Repayments of Debt | $ 954 | |||||||||||
Non-Revolving Term Loan [Member] | ||||||||||||
Long-term Debt, Gross | 922 | |||||||||||
Michael Taglich [Member] | ||||||||||||
Guaranty Agreement, Out of Formula Borrowings Available, Maximum | $ 1,500 | |||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 20 | |||||||||||
Bridge Bank Loan Agreement [Member] | Michael Taglich [Member] | ||||||||||||
Guaranty Agreement, Out of Formula Borrowings Available, Maximum | $ 1,500 | |||||||||||
Loan Agreement [Member] | Non-Revolving Term Loan [Member] | ||||||||||||
Debt Instrument, Term | 3 years | |||||||||||
Debt Agreement Maximum Borrowing Capacity | $ 1,500 | |||||||||||
Proceeds from Issuance of Long-term Debt, Total | $ 1,000 | |||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.75% | |||||||||||
Payments of Financing Costs, Total | $ 47 | |||||||||||
Debt Instrument, Monthly Payment, Principal, When First Tranche Received | $ 26 | |||||||||||
Ninth Promissory Note [Member] | ||||||||||||
Warrants Term | 8 years | |||||||||||
Heritage Agreement [Member] | ||||||||||||
Debt Instrument, Term | 2 years | |||||||||||
Line of Credit Facility, Commitment Fee Percentage | 0.20% | 0.40% | ||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,500 | 2,500 | ||||||||||
Line of Credit Facility, Maximum Borrowing Capacity, Percentage of Eligible Receivables | 75.00% | |||||||||||
Guaranty Agreement, Out of Formula Borrowings Available, Maximum | $ 1,000 | |||||||||||
Long-term Line of Credit, Total | 2,100 | 2,500 | ||||||||||
Long-term Debt, Gross | $ 2,081 | $ 2,500 | ||||||||||
Heritage Agreement [Member] | First Amendment [Member] | ||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 3,000 | $ 2,500 | ||||||||||
Heritage Agreement [Member] | Second Amendment [Member] | ||||||||||||
Line of Credit, Minimum Cash Requirement in Lender Bank Account | $ 250 | |||||||||||
Heritage Agreement [Member] | Wall Street Journal Prime Rate [Member] | ||||||||||||
Debt Instrument, Basis Spread on Variable Rate | 1.75% | 7.00% | 6.00% | |||||||||
Heritage Agreement [Member] | Scenario, Forecast [Member] | ||||||||||||
Line of Credit Facility, Annual Commitment Fee Amount, Thereafter | $ 6 |
Note 9 - Debt - Summary of Debt
Note 9 - Debt - Summary of Debt (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 07, 2018 | Sep. 30, 2017 |
Debt | $ 3,944 | $ 2,500 | |
Other (debt discount warrants) | (353) | ||
Total debt | 3,591 | 2,500 | |
Less current portion | 1,017 | ||
Long term debt, net of current portion | 2,574 | 2,500 | |
Non-Revolving Term Loan [Member] | |||
Debt | 922 | ||
Promissory Term Notes [Member] | |||
Debt | 941 | $ 941 | |
Other (debt discount warrants) | $ (141) | ||
Heritage Agreement [Member] | |||
Debt | $ 2,081 | $ 2,500 |
Note 10 - Restructuring Charg_3
Note 10 - Restructuring Charges (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | ||
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2016 | |
Restructuring, Settlement and Impairment Provisions, Total | $ 187 | $ 286 | |
Restructuring Reserve, Ending Balance | 78 | 176 | $ 440 |
Accrued Liabilities, Current [Member] | |||
Restructuring Reserve, Ending Balance | 25 | 119 | |
Other Noncurrent Liabilities [Member] | |||
Restructuring Reserve, Ending Balance | $ 53 | $ 57 |
Note 10 - Restructuring Charg_4
Note 10 - Restructuring Charges - Restructuring Charges Reserve Activity (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Balance | $ 176 | $ 440 |
Charges to operations | 142 | 241 |
Cash disbursements | (226) | (550) |
Changes in estimates | (19) | 33 |
Accretion Expense | 5 | 12 |
Balance | 78 | 176 |
Employee Severance [Member] | ||
Balance | 193 | |
Charges to operations | ||
Cash disbursements | (203) | |
Changes in estimates | ||
Accretion Expense | 10 | |
Balance | ||
Facility Closing [Member] | ||
Balance | 176 | 247 |
Charges to operations | 142 | 241 |
Cash disbursements | (226) | (347) |
Changes in estimates | (19) | 33 |
Accretion Expense | 5 | 2 |
Balance | $ 78 | $ 176 |
Note 10 - Restructuring Charg_5
Note 10 - Restructuring Charges - Accrued Restructuring Liabilities (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2016 |
RestructuringReserve | $ 78 | $ 176 | $ 440 |
Facilities and Related [Member] | |||
RestructuringReserve | 77 | 133 | |
Other Restructuring Costs [Member] | |||
RestructuringReserve | $ 1 | $ 43 |
Note 11 - Commitments and Con_3
Note 11 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Operating Leases, Rent Expense, Total | $ 368 | $ 686 |
Capital Leases, Future Minimum Payments Due, Next Twelve Months | $ 119 | $ 45 |
Note 11 - Commitments and Con_4
Note 11 - Commitments and Contingencies - Future Minimum Rental Commitments (Details) $ in Thousands | 12 Months Ended |
Sep. 30, 2018USD ($) | |
2,019 | $ 267 |
2,019 | (108) |
2,019 | 159 |
2,020 | 129 |
2,020 | (73) |
2,020 | 56 |
Total | 396 |
Total | (181) |
Total | $ 215 |
Note 12 - Stockholders' Equit_2
Note 12 - Stockholders' Equity (Details Textual) - USD ($) | Oct. 01, 2018 | Dec. 23, 2016 | Oct. 27, 2014 | Feb. 28, 2018 | Jun. 30, 2017 | Feb. 28, 2017 | Nov. 30, 2016 | Oct. 31, 2016 | Sep. 30, 2018 | Sep. 30, 2017 | Apr. 29, 2017 | Sep. 30, 2016 | Jul. 31, 2016 |
Preferred Stock, Shares Authorized | 1,000,000 | 1,000,000 | |||||||||||
Stock Issued During Period, Value, New Issues | $ 860,000 | ||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 72,315 | 219,538 | |||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 1,000 | $ 133,000 | |||||||||||
Registration, Number of Purchaser Shares | 348,334 | ||||||||||||
Registration, Number of Purchaser Warrant Shares | 174,167 | ||||||||||||
Common Stock, Shares, Outstanding, Ending Balance | 4,241,225 | 4,200,219 | |||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 0 | 0 | |||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 319,267 | 194,977 | |||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $ 0 | $ 4,000 | |||||||||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total | $ 266,000 | ||||||||||||
Warrants Exercisable Term | 180 days | ||||||||||||
Warrants and Rights Outstanding, Term | 5 years | ||||||||||||
Amended and Restated Stock Incentive Plan [Member] | |||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 250,000 | ||||||||||||
Common Stock, Shares, Outstanding, Ending Balance | 220,380 | ||||||||||||
The 2016 Stock Incentive Plan [Member] | |||||||||||||
Common Stock, Capital Shares Reserved for Future Issuance | 500,000 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | 237,466 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 262,534 | ||||||||||||
Restricted Stock [Member] | Chief Executive Officer [Member] | |||||||||||||
Shares Issued, Price Per Share | $ 2.75 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | 7,273 | ||||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 20,000,000 | ||||||||||||
Employee Stock Option [Member] | |||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | 457,846 | 450,646 | 448,586 | ||||||||||
Allocated Share-based Compensation Expense, Total | $ 394,000 | $ 418,000 | |||||||||||
Employee Stock Option [Member] | Cost of Sales [Member] | |||||||||||||
Allocated Share-based Compensation Expense, Total | 16,000 | 18,000 | |||||||||||
Employee Stock Option [Member] | Operating Expense [Member] | |||||||||||||
Allocated Share-based Compensation Expense, Total | $ 378,000 | $ 400,000 | |||||||||||
Five Members of the Board of Directors [Member] | Restricted Stock [Member] | |||||||||||||
Shares Issued, Price Per Share | $ 3.15 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | 36,826 | ||||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 113,000 | ||||||||||||
Four Members of the Board of Directors [Member] | Restricted Stock [Member] | |||||||||||||
Shares Issued, Price Per Share | $ 2.39 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | 41,006 | ||||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 98,000 | ||||||||||||
Private Placement [Member] | |||||||||||||
Stock Issued During Period, Shares, New Issues | 427,073 | ||||||||||||
Shares Issued, Price Per Share | $ 2.40 | ||||||||||||
Stock Issued During Period, Value, New Issues | $ 1,000,000 | ||||||||||||
Private Placement [Member] | Roger Kahn [Member] | |||||||||||||
Stock Issued During Period, Shares, New Issues | 17,200 | ||||||||||||
Private Placement [Member] | Michael Taglich [Member] | |||||||||||||
Stock Issued During Period, Shares, New Issues | 30,770 | ||||||||||||
Private Placement [Member] | Purchaser Warrant [Member] | |||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 213,538 | ||||||||||||
Vendors [Member] | |||||||||||||
Stock Issued During Period, Shares, Issued for Services | 2,000 | ||||||||||||
Stock Issued During Period, Value, Issued for Services | $ 8,000 | ||||||||||||
Convertible Preferred Stock Converted to Common Stock [Member] | |||||||||||||
Conversion of Stock, Shares Converted | 1,636 | ||||||||||||
Conversion of Stock, Shares Issued | 1,007 | ||||||||||||
Series A Convertible Preferred Stock [Member] | |||||||||||||
Preferred Stock, Shares Authorized | 264,000 | 264,000 | |||||||||||
Stock Issued During Period, Shares, New Issues | 200,000 | ||||||||||||
Share Price | $ 10 | ||||||||||||
Gross Proceeds From Sale of Stock | $ 2,000,000 | ||||||||||||
Preferred Stock Conversion Price | $ 16.25 | ||||||||||||
Minimum Common Stock Price Allowing Company to Force Convert Preferred Stock | $ 32.50 | ||||||||||||
Preferred Stock, Dividend Rate, Percentage | 12.00% | ||||||||||||
Preferred Stock Dividends, Shares, Maximum Cumulative | 64,000 | ||||||||||||
Preferred Stock Dividends, Shares | 18,828 | ||||||||||||
Dividends, Preferred Stock, Cash | $ 79,000 | $ 195,000 |
Note 12 - Shareholders' Equity
Note 12 - Shareholders' Equity - Summary of Option and Warrant Activity and Outstanding Shares (Details) - $ / shares | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Outstanding, Warrant, Weighted Average Exercise Price (in dollars per share) | ||
Granted, Shares (in shares) | 19,900 | |
Outstanding, Warrant, Weighted Average Exercise Price (in dollars per share) | ||
Employee Stock Option [Member] | ||
Outstanding, Options (in shares) | 450,646 | 448,586 |
Outstanding, Options, Weighted Average Exercise Price (in dollars per share) | $ 7.02 | $ 7.53 |
Granted, Shares (in shares) | 19,900 | 28,400 |
Granted, Options, Weighted Average Exercise Price (in dollars per share) | $ 2.47 | $ 3.16 |
Forfeited or expired, Options (in shares) | (12,700) | (26,340) |
Forfeited or expired, Options, Weighted Average Exercise Price (in dollars per share) | $ 6.74 | $ 11.52 |
Outstanding, Options (in shares) | 457,846 | 450,646 |
Outstanding, Options, Weighted Average Exercise Price (in dollars per share) | $ 6.83 | $ 7.02 |
Stock Warrants [Member] | ||
Outstanding, Warrant (in shares) | 539,593 | 328,752 |
Outstanding, Warrant, Weighted Average Exercise Price (in dollars per share) | $ 8.18 | $ 11.71 |
Granted, Warrant (in shares) | 72,315 | 219,538 |
Granted, Warrant, Weighted Average Exercise Price (in dollars per share) | $ 4.09 | $ 3.95 |
Forfeited or expired, Warrant (in shares) | (65,757) | (8,697) |
Forfeited or expired, Warrant, Weighted Average Exercise Price (in dollars per share) | $ 31.25 | $ 35 |
Outstanding, Warrant (in shares) | 546,151 | 539,593 |
Outstanding, Warrant, Weighted Average Exercise Price (in dollars per share) | $ 6.16 | $ 8.18 |
Note 12 - Stockholders' Equit_3
Note 12 - Stockholders' Equity - Nonvested Shares (Details) | 12 Months Ended |
Sep. 30, 2018$ / sharesshares | |
Unvested, Shares (in shares) | shares | 255,669 |
Unvested, Weighted Average Grant-Date Fair Value (in dollars per share) | $ / shares | $ 3.04 |
Granted, Shares (in shares) | shares | 19,900 |
Granted, Weighted Average Grant-Date Fair Value (in dollars per share) | $ / shares | $ 1.73 |
Vested, Shares (in shares) | shares | (129,409) |
Vested, Weighted Average Grant-Date Fair Value (in dollars per share) | $ / shares | $ 3.21 |
Forfeited, Shares (in shares) | shares | (7,581) |
Forfeited, Weighted Average Grant-Date Fair Value (in dollars per share) | $ / shares | $ 2.60 |
Unvested, Shares (in shares) | shares | 138,579 |
Unvested, Weighted Average Grant-Date Fair Value (in dollars per share) | $ / shares | $ 2.72 |
Note 12 - Stockholders' Equit_4
Note 12 - Stockholders' Equity - Price Ranges of Outstanding and Exercisable Options (Details) | 12 Months Ended |
Sep. 30, 2018$ / sharesshares | |
Outstanding Options Number of Options (in shares) | shares | 457,846 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 83 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 6.83 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 319,267 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 8.12 |
Outstanding Options Number of Options (in shares) | shares | 457,846 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 83 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 6.83 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 319,267 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 8.12 |
Exercise Price Range 1 [Member] | |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 2.30 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 3.65 |
Outstanding Options Number of Options (in shares) | shares | 44,300 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 215 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 2.91 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 8,733 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 3.27 |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 2.30 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 3.65 |
Outstanding Options Number of Options (in shares) | shares | 44,300 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 215 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 2.91 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 8,733 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 3.27 |
Exercise Price Range 2 [Member] | |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 3.66 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 6.05 |
Outstanding Options Number of Options (in shares) | shares | 355,078 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 266 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 4.40 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 252,066 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 4.49 |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 3.66 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 6.05 |
Outstanding Options Number of Options (in shares) | shares | 355,078 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 7 years 266 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 4.40 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 252,066 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 4.49 |
Exercise Price Range 3 [Member] | |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 6.06 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 15 |
Outstanding Options Number of Options (in shares) | shares | 14,453 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 5 years 211 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 13.62 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 14,453 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 13.62 |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 6.06 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 15 |
Outstanding Options Number of Options (in shares) | shares | 14,453 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 5 years 211 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 13.62 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 14,453 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 13.62 |
Exercise Price Range 4 [Member] | |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 15.01 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 41 |
Outstanding Options Number of Options (in shares) | shares | 44,015 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 3 years 138 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 28.11 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 44,015 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 28.11 |
Outstanding Options,Exercise Price Lower Range (in dollars per share) | 15.01 |
Outstanding Options Exercise Price Upper Range (in dollars per share) | $ 41 |
Outstanding Options Number of Options (in shares) | shares | 44,015 |
Outstanding Options Weighted Average Remaining Contractual Life (Year) | 3 years 138 days |
Outstanding Options Weighted Average Exercise Price (in dollars per share) | $ 28.11 |
Exercisable Options Number of Options Exercisable (in shares) | shares | 44,015 |
Exercisable Options Weighted Average Exercise Price (in dollars per share) | $ 28.11 |
Note 12 - Stockholders' Equit_5
Note 12 - Stockholders' Equity - Black-scholes-merton Option Valuation Assumptions (Details) - $ / shares | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Maximum [Member] | ||
Expected option life in years (Year) | 6 years | 6 years |
Expected volatility | 80.52% | 85.03% |
Expected dividend rate | 0.00% | 0.00% |
Risk free interest rate | 2.50% | 1.95% |
Option exercise prices (in dollars per share) | $ 41 | $ 41 |
Weighted average fair value of options granted during the year (in dollars per share) | 2.47 | 2.27 |
Minimum [Member] | ||
Option exercise prices (in dollars per share) | $ 2.30 | $ 2.22 |
Note 12 - Stockholders' Equit_6
Note 12 - Stockholders' Equity - Stock Warrants Outstanding and Issuance (Details) - $ / shares | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Stock Warrants Outstanding, Shares (in shares) | 546,151 | |
Stock Warrants Outstanding, Price (in dollars per share) | ||
Warrant Issued (in shares) | 72,315 | 219,538 |
Exercise Price (in dollars per share) | ||
Placement Agent Stock Warrants 1 [Member] | ||
Stock Warrants Outstanding, Issue Date | Nov. 6, 2013 | |
Stock Warrants Outstanding, Shares (in shares) | 3,078 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 32.50 | |
Stock Warrants Outstanding, Expiration | Nov. 6, 2018 | |
Exercise Price (in dollars per share) | $ 32.50 | |
Investor Shareholder Warrants [Member] | ||
Stock Warrants Outstanding, Price (in dollars per share) | $ 3.50 | |
Warrant Issued (in shares) | 213,538 | |
Exercise Price (in dollars per share) | $ 3.50 | |
Placement Agent Stock Warrants 2 [Member] | ||
Stock Warrants Outstanding, Issue Date | Mar. 28, 2014 | |
Stock Warrants Outstanding, Shares (in shares) | 12,800 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 26.25 | |
Stock Warrants Outstanding, Expiration | Mar. 28, 2019 | |
Exercise Price (in dollars per share) | $ 26.25 | |
Director/Shareholder [Member] | ||
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | $ 20 |
Warrant Issued (in shares) | 6,000 | 6,000 |
Exercise Price (in dollars per share) | $ 20 | $ 20 |
Placement Agent Stock Warrants 3 [Member] | ||
Stock Warrants Outstanding, Issue Date | Oct. 28, 2014 | |
Stock Warrants Outstanding, Shares (in shares) | 12,308 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 16.25 | |
Stock Warrants Outstanding, Expiration | Oct. 28, 2019 | |
Exercise Price (in dollars per share) | $ 16.25 | |
Director/Shareholder 1 [Member] | ||
Stock Warrants Outstanding, Issue Date | Dec. 31, 2014 | |
Stock Warrants Outstanding, Shares (in shares) | 12,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | Dec. 31, 2019 | |
Exercise Price (in dollars per share) | $ 20 | |
Financing Warrants [Member] | ||
Stock Warrants Outstanding, Issue Date | Oct. 10, 2017 | |
Stock Warrants Outstanding, Shares (in shares) | 66,315 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 2.65 | |
Stock Warrants Outstanding, Expiration | Oct. 10, 2025 | |
Warrant Issued (in shares) | 66,315 | |
Exercise Price (in dollars per share) | $ 2.65 | |
Director/Shareholder 2 [Member] | ||
Stock Warrants Outstanding, Issue Date | Feb. 12, 2015 | |
Stock Warrants Outstanding, Shares (in shares) | 12,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | Feb. 12, 2020 | |
Exercise Price (in dollars per share) | $ 20 | |
Director/Shareholder 3 [Member] | ||
Stock Warrants Outstanding, Issue Date | May 12, 2015 | |
Stock Warrants Outstanding, Shares (in shares) | 12,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | May 12, 2020 | |
Exercise Price (in dollars per share) | $ 20 | |
Director/Shareholder 4 [Member] | ||
Stock Warrants Outstanding, Issue Date | Dec. 31, 2015 | |
Stock Warrants Outstanding, Shares (in shares) | 6,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | Dec. 31, 2020 | |
Exercise Price (in dollars per share) | $ 20 | |
Placement Agent Stock Warrants 4 [Member] | ||
Stock Warrants Outstanding, Issue Date | May 17, 2016 | |
Stock Warrants Outstanding, Shares (in shares) | 86,778 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 3.75 | |
Stock Warrants Outstanding, Expiration | May 17, 2021 | |
Exercise Price (in dollars per share) | $ 3.75 | |
Placement Agent Stock Warrants 5 [Member] | ||
Stock Warrants Outstanding, Issue Date | May 11, 2016 | |
Stock Warrants Outstanding, Shares (in shares) | 53,334 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 3.75 | |
Stock Warrants Outstanding, Expiration | May 11, 2021 | |
Exercise Price (in dollars per share) | $ 3.75 | |
Placement Agent Stock Warrants 6 [Member] | ||
Stock Warrants Outstanding, Issue Date | Jul. 15, 2016 | |
Stock Warrants Outstanding, Shares (in shares) | 44,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 4.60 | |
Stock Warrants Outstanding, Expiration | Jul. 15, 2021 | |
Exercise Price (in dollars per share) | $ 4.60 | |
Investor Stock Warrants 1 [Member] | ||
Stock Warrants Outstanding, Issue Date | Nov. 9, 2016 | |
Stock Warrants Outstanding, Shares (in shares) | 213,538 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 3.50 | |
Stock Warrants Outstanding, Expiration | May 22, 2022 | |
Exercise Price (in dollars per share) | $ 3.50 | |
Director/Shareholder 5 [Member] | ||
Stock Warrants Outstanding, Issue Date | Dec. 31, 2016 | |
Stock Warrants Outstanding, Shares (in shares) | 6,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | Dec. 31, 2021 | |
Exercise Price (in dollars per share) | $ 20 | |
Director/Shareholder 6 [Member] | ||
Stock Warrants Outstanding, Issue Date | Dec. 31, 2017 | |
Stock Warrants Outstanding, Shares (in shares) | 6,000 | |
Stock Warrants Outstanding, Price (in dollars per share) | $ 20 | |
Stock Warrants Outstanding, Expiration | Dec. 31, 2021 | |
Exercise Price (in dollars per share) | $ 20 |
Note 13 - Income Taxes (Details
Note 13 - Income Taxes (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax | $ 22 | |
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount | 3,500 | $ 185 |
Undistributed Earnings (Loss) of Foreign Subsidiaries | (59) | (381) |
Liability for Uncertainty in Income Taxes, Current | 0 | $ 0 |
Domestic Tax Authority [Member] | ||
Operating Loss Carryforwards, Total | 30,000 | |
State and Local Jurisdiction [Member] | ||
Operating Loss Carryforwards, Total | $ 26,000 |
Note 13 - Income Taxes - Income
Note 13 - Income Taxes - Income Tax Provision (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Federal | ||
State | 19 | 16 |
Foreign | ||
Total current | 19 | 16 |
Federal | (22) | |
State | ||
Total deferred | (22) | |
Total | $ (3) | $ 16 |
Note 13 - Income Taxes - Domest
Note 13 - Income Taxes - Domestic Tax Effect Sources and Differences (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Income tax benefit at the federal statutory rate of 21% and 34%, respectively | $ (1,497) | $ (556) |
Permanent differences, net | 1,534 | 365 |
State income tax (benefit) | (437) | (86) |
Change in statutory rate | 3,839 | |
Change in valuation allowance attributable to operations | (3,495) | 193 |
Foreign Taxes | ||
Other | 53 | 100 |
Total | $ (3) | $ 16 |
Note 13 - Income Taxes - Dome_2
Note 13 - Income Taxes - Domestic Tax Effect Sources and Differences (Details) (Parentheticals) | 12 Months Ended | |
Sep. 30, 2018 | Sep. 30, 2017 | |
Federal statutory rate | 21.00% | 34.00% |
Note 13 - Income Taxes - Compon
Note 13 - Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands | Sep. 30, 2018 | Sep. 30, 2017 |
Accrued vacation | $ 26 | $ 83 |
Bad debt reserve | 49 | 74 |
Deferred revenue | 90 | 595 |
AMT carryforward | 22 | 9 |
Contribution carryforward | 15 | 29 |
Depreciation | 36 | 118 |
Intangibles | 437 | 774 |
Net operating loss carryforwards | 7,515 | 9,981 |
Total deferred tax assets | 8,190 | 11,663 |
Valuation allowance | (8,168) | (11,663) |
Net deferred tax assets | $ 22 |
Note 14 - Related Party Trans_2
Note 14 - Related Party Transactions (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | 1 Months Ended | 12 Months Ended | |||
Sep. 30, 2018 | Nov. 30, 2016 | Sep. 30, 2018 | Sep. 30, 2017 | Dec. 31, 2013 | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 72,315 | 72,315 | 219,538 | ||
Warrants and Rights Outstanding, Term | 5 years | 5 years | |||
Warrants Exercisable Term | 180 days | ||||
Purchaser Warrant [Member] | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 3.50 | ||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 213,538 | ||||
Warrants and Rights Outstanding, Term | 5 years 182 days | ||||
Warrants Exercisable Term | 180 days | ||||
Placement Agent Warrants [Member] | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 6.42 | ||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 212,298 | ||||
Michael Taglich [Member] | |||||
Related Party, Ownership Percentage Of Stock | 22.00% | 22.00% | |||
Guaranty Agreement, Out of Formula Borrowings Available, Maximum | $ 1,500 | $ 1,500 | |||
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | 54,000 | 54,000 | |||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 20 | $ 20 | |||
Michael Taglich [Member] | Promissory Term Notes [Member] | |||||
Debt Instrument, Face Amount | $ 122 | $ 122 | |||
Michael Taglich [Member] | Purchaser Warrant [Member] | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 15,385 | ||||
Roger Kahn [Member] | Purchaser Warrant [Member] | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 8,600 | ||||
Taglich Brothers [Member] | Cash Compensation to Placement Agent [Member] | |||||
Related Party Transaction, Amounts of Transaction | $ 40 | ||||
Related Party Transaction, Cash Compensation, Percentage of Net Proceeds | 5.00% | ||||
Convertible Subordinated Debt [Member] | |||||
Convertible Notes Payable, Total | $ 3,000 |
Note 15 - Subsequent Events (De
Note 15 - Subsequent Events (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | Oct. 16, 2018 | Sep. 30, 2018 | Sep. 30, 2017 |
Class of Warrant or Right, Exercise Price of Warrants or Rights | |||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 72,315 | 219,538 | |
Warrants and Rights Outstanding, Term | 5 years | ||
Subsequent Event [Member] | Warrants Issued with Class A Unit [Member] | |||
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | 1 | ||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.50 | ||
Warrants and Rights Outstanding, Term | 5 years | ||
Subsequent Event [Member] | Warrants Issued with Over-allotment Option [Member] | |||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 400,000 | ||
Public Offering [Member] | Subsequent Event [Member] | |||
Proceeds from Issuance or Sale of Equity, Net | $ 3,400 | ||
Over-allotment Option, Number of Common Stock Issuable | 1,500,000 | ||
Over-allotment Option, Number of Warrants Issuable | 1,500,000 | ||
Public Offering [Member] | Class A Units [Member] | Subsequent Event [Member] | |||
Stock Issued During Period, Units, New Issues | 1,424,000 | ||
Units, Price Per Unit | $ 0.50 | ||
Units, Common Stock Shares Per Unit | 1 | ||
Units, Warrants Per Unit | 1 | ||
Public Offering [Member] | Class B Units [Member] | Subsequent Event [Member] | |||
Stock Issued During Period, Units, New Issues | 4,288 | ||
Conversion of Units into Common Stock, Conversion Price | $ 0.50 |