Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.10.0.1
Equity (Tables)
3 Months Ended
Dec. 31, 2018
Summary of restricted stock
A summary of restricted stock activity is presented as follows:      
       
   

Number of

Shares

 
Restricted stock outstanding as of September 30, 2018     1,100  
Granted     -  
Exercised     -  
Restricted stock outstanding as of December 31, 2018     1,100  
Fair value of stock options granted

The fair value of stock options granted was made using the Black-Scholes option pricing model and the following assumptions:

 

    Three Months Ended  
    December 31, 2018  
Weighted average fair value of options   $ 1.75  
Weighted average risk-free interest rate     3.03 %
Weighted average dividend yield   $ -  
Weighted average volatility factor     104 %
Weighted average expected life (years)     10  
Warrant [Member]  
Summary of stock option activity

No warrants were granted or exercised during the three months ended December 31, 2018.

 

   

Number of

Shares

    Weighted Average Exercise Price Per Share ($)     Weighted Average Remaining Contractual Life     Total Intrinsic Value of Warrants ($)  
Warrants outstanding as of September 30, 2018     497       3.84       2.87       67  
Granted     -       -                  
Exercised     -       -                  
Forfeited     (58 )     2.00                  
Warrants outstanding as of December 31, 2018     439       4.09       2.48       -  
                                 
Warrants exercisable as of September 30,2018     497       3.84       2.87       67  
Warrants exercisable as of December 31,2018     439       4.09       2.48       -  
Stock Options [Member]  
Summary of stock option activity
A summary of stock option activity is as follows:                    
                     
   

Number of

Shares

    Weighted Average Exercise Price per share ($)     Weighted Average Remaining Contractual Life (Years)     Total Intrinsic Value of Options ($)  
                         
Options outstanding as of September 30, 2018     1,578       3.76       7.53       142  
Granted     394       1.91                  
Exercised     -       -                  
Forfeited/Expired     (178 )     3.89                  
Options outstanding as of December 31, 2018     1,794       3.34       8.58       -  
                                 
Exercisable as of September 30, 2018     512       5.08       7.30       1  
Exercisable as of December 31, 2018     385       5.92       7.19       -