Share-based Compensation (Tables) |
12 Months Ended |
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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 |
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- References No definition available.
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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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