Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v3.22.4
Equity (Tables)
12 Months Ended
Sep. 30, 2022
Equity  
Summary of restricted stock activity

A summary of restricted stock activity is presented as follows:

 

 

 

 

 

 

 

 

Number of Shares

 

 

Weighted Average Fair Value ($)

 

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

 

 

1,450

 

 

 

1.32

 

Granted

 

 

642

 

 

 

0.46

 

Forfeited

 

 

(50 )

 

 

0.52

 

Vested

 

 

(600 )

 

 

2.21

 

Non-vested restricted stock outstanding as of September 30, 2021

 

 

1,442

 

 

 

0.60

 

Granted

 

 

100

 

 

 

0.53

 

Vested

 

 

(350 )

 

 

0.52

 

Non-vested restricted stock outstanding as of September 30, 2022

 

 

1,192

 

 

 

0.61

 

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, 2020

 

 

1,254

 

 

 

2.85

 

 

 

7.34

 

 

 

7

 

Granted

 

 

525

 

 

 

0.57

 

 

 

-

 

 

 

42

 

Forfeited

 

 

(107 )

 

 

2.79

 

 

 

-

 

 

 

-

 

Options outstanding as of September 30, 2021

 

 

1,672

 

 

 

2.14

 

 

 

7.35

 

 

 

49

 

Granted

 

 

940

 

 

 

0.59

 

 

 

-

 

 

 

39

 

Forfeited

 

 

(185 )

 

 

1.05

 

 

 

-

 

 

 

-

 

Options outstanding as of September 30, 2022

 

 

2,427

 

 

 

1.54

 

 

 

7.65

 

 

 

88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable as of September 30, 2021

 

 

890

 

 

 

3.14

 

 

 

6.08

 

 

 

7

 

Exercisable as of September 30, 2022

 

 

1,111

 

 

 

2.58

 

 

 

5.82

 

 

 

21

 

Fair value of stock options granted

 

 

2022

 

 

2021

 

Weighted average fair value of options

 

$ 0.55

 

 

$ 0.54

 

Weighted average risk-free interest rate

 

 

2.8%

 

 

1.6%

Weighted average volatility factor

 

 

112%

 

 

114%

Weighted average expected life (years)

 

 

10

 

 

 

10