Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.19.2
Equity (Tables)
 9 Months Ended
Jun. 30, 2019
Summary of restricted stock

    Number of Shares  
(in thousands)      
Restricted stock outstanding as of September 30, 2018     1,100  
Granted     -  
Exercised     -  
Restricted stock outstanding as of June 30, 2019     1,100  

Fair value of stock options granted

    Nine Months Ended  
    June 30, 2019  
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

(in thousands)   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       -  
Granted     -       -                  
Exercised     -       -                  
Forfeited             -                  
Warrants outstanding as of March 31, 2019     439       4.09       2.27       -  
Granted     -       -                  
Exercised     -       -                  
Forfeited             -                  
Warrants outstanding as of June 30, 2019     439       4.09       2.05       -  
                                 
Warrants exercisable as of September 30, 2018     497       3.84       2.87       67  
Warrants exercisable as of June 30, 2019     439       4.09       2.05       -  

Stock Options [Member]  
Summary of stock option activity

    Number of Shares     Weighted Average Exercise Price per share ($)     Weighted Average Remaining Contractual Life (Years)     Total Intrinsic Value of Options ($)  
(in thousands)                        
Options outstanding as of September 30, 2018     1,578       3.76       7.53       142  
Granted     394       1.91                  
Forfeited/Expired     (178 )     3.89                  
Options outstanding as of December 31, 2018     1,794       3.34       8.58       -  
Granted     -       -                  
Exercised     -       -                  
Forfeited/Expired     (48 )     5.03                  
Options outstanding as of March 31, 2019     1,746       3.29       8.34       -  
Granted     -       -                  
Exercised     -       -                  
Forfeited/Expired     (37 )     4.23                  
Options outstanding as of June 30, 2019     1,709       3.27       8.06       -  
                                 
Exercisable as of September 30, 2018     512       5.08       7.30       1  
Exercisable as of June 30, 2019     686       4.25       6.76       -