Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v3.20.4
Equity (Tables)
12 Months Ended
Sep. 30, 2020
Equity  
Summary of restricted stock

 

 

Number of

Shares

 

 

Weighted

Average

Fair Value

($)

 

Non-vested restricted stock outstanding as of September 30, 2018

 

 

1,100

 

 

 

2.21

 

Granted

 

 

400

 

 

 

0.52

 

Issued

 

 

-

 

 

 

-

 

Non-vested restricted stock outstanding as of September 30, 2019

 

 

1,500

 

 

 

1.76

 

Granted

 

 

450

 

 

 

0.85

 

Issued

 

 

(500

)

 

 

2.21

 

Non-vested restricted stock outstanding as of September 30, 2020

 

 

1,450

 

 

 

1.32

 

Summary of Warrants, granted or exercised

 

 

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

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(58

)

 

 

2.00

 

 

 

-

 

 

 

-

 

Warrants outstanding as of September 30, 2019

 

 

439

 

 

 

4.09

 

 

 

1.39

 

 

 

-

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(362

)

 

 

4.53

 

 

 

-

 

 

 

-

 

Warrants outstanding as of September 30, 2020

 

 

77

 

 

 

2.00

 

 

 

4.50

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants exercisable as of September 30, 2019

 

 

439

 

 

 

4.09

 

 

 

1.39

 

 

 

-

 

Warrants exercisable as of September 30, 2020

 

 

77

 

 

 

2.00

 

 

 

4.50

 

 

 

-

 

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

 

 

437

 

 

 

1.81

 

 

 

-

 

 

 

-

 

Forfeited

 

 

(281

)

 

 

4.05

 

 

 

-

 

 

 

-

 

Options outstanding as of September 30, 2019

 

 

1,734

 

 

 

3.22

 

 

 

7.84

 

 

 

-

 

Granted

 

 

75

 

 

 

0.54

 

 

 

-

 

 

 

-

 

Forfeited

 

 

(555

)

 

 

3.68

 

 

 

-

 

 

 

-

 

Options outstanding as of September 30, 2020

 

 

1,254

 

 

 

2.85

 

 

 

7.34

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable as of  September 30, 2019

 

 

720

 

 

 

4.24

 

 

 

6.50

 

 

 

-

 

Exercisable as of  September 30, 2020

 

 

749

 

 

 

3.43

 

 

 

6.78

 

 

 

-

 

Summary of fair value of stock options granted

 

 

2020

 

 

2019

 

Weighted average fair value of options

 

$

0.49

 

 

$

1.65

 

Weighted average risk-free interest rate

 

 

0.71

%

 

 

2.94

%

Weighted average volatility factor

 

 

108

%

 

 

104

%

Weighted average expected life (years)

 

 

10

 

 

 

10