Annual report pursuant to Section 13 and 15(d)

Share-based Compensation (Tables)

v3.21.2
Share-based Compensation (Tables)
12 Months Ended
Sep. 30, 2021
Share-based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses 2021 2020 Cost of sales$ 65,165 $ 52,267Selling, general and administrative 3,629,732 1,905,192Research and development 1,355,492 688,787 $ 5,050,389 $ 2,646,246
Weighted Average Assumptions for Options Granted 2021 2020Weighted Average Assumptions: Expected Volatility 69.68% 63.13%Expected Dividend Yield 0.00% 0.00%Risk-free Interest Rate 0.67% 1.63%Expected Term (in years) 5.9 5.9Fair Value of Options Granted$ 3.58 $ 1.14
Summary of Stock Options Outstanding and Exercisable Weighted Average Remaining Aggregate Number of Exercise Price Contractual Term Intrinsic Shares Per Share (years) Value Outstanding at September 30, 2020 8,599,000 $ 1.67 Granted 3,568,625 5.62 Exercised (1,112,102) 1.60 Forfeited (454,843) 5.78 Outstanding at September 30, 2021 10,600,680 $ 2.84 7.70 $ 64,473,535Exercisable at September 30, 2021 5,924,444 $ 1.65 6.83 $ 40,743,351