Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v3.19.3.a.u2
Equity (Tables)
 12 Months Ended
Sep. 30, 2019
Equity (Tables)  
Summary of restricted stock

 

(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, 2017

 

497

 

3.84

 

-

 

-

 

Granted

 

-

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Warrants outstanding as of September 30, 2018

 

497

 

3.84

 

2.87

 

67

 

Granted

 

-

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Forfeited/Expired

 

(58

)

 

2.00

 

-

 

-

 

Warrants outstanding as of September 30, 2019

 

439

 

4.09

 

1.39

 

-

 

Warrants exercisable as of September 30, 2018

 

497

 

3.84

 

2.87

 

67

 

Warrants exercisable as of September 30, 2019

 

439

 

4.09

 

1.39

 

-

 
Fair value of stock options granted

 

(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, 2017

 

497

 

3.84

 

-

 

-

 

Granted

 

-

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Warrants outstanding as of September 30, 2018

 

497

 

3.84

 

2.87

 

67

 

Granted

 

-

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Forfeited/Expired

 

(58

)

 

2.00

 

-

 

-

 

Warrants outstanding as of September 30, 2019

 

439

 

4.09

 

1.39

 

-

 

Warrants exercisable as of September 30, 2018

 

497

 

3.84

 

2.87

 

67

 

Warrants exercisable as of September 30, 2019

 

439

 

4.09

 

1.39

 

-

 
Summary of stock option activity

 

(In thousands)

 

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, 2017

 

908

 

5.11

 

-

 

-

 

Granted

 

780

 

2.45

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Forfeited/Expired

 

(110

)

 

5.33

 

-

 

-

 

Options outstanding as of September 30, 2018

 

1,578

 

3.76

 

7.53

 

142

 

Granted

 

437

 

1.81

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Forfeited/Expired

 

(281

)

 

4.05

 

-

 

-

 

Options outstanding as of September 30, 2019

 

1,734

 

3.22

 

7.84

 

-

 

v
Summary of fair value of stock options granted

 

 

2019

 

2018

 

Weighted average fair value of options

 

$

1.65

 

$

2.24

 

Weighted average risk-free interest rate

 

2.94

%

 

2.68

%

Weighted average dividend yield

 

$

-

 

$

-

 

Weighted average volatility factor

 

104

%

 

105

%

Weighted average expected life (years)

 

10

 

10