Annual report pursuant to Section 13 and 15(d)

Equity And Share-Based Payments (Tables)

v3.8.0.1
Equity And Share-Based Payments (Tables)
12 Months Ended
Sep. 30, 2017
Weighted Average Assumptions For Options Granted



 



 

Expected Volatility

43.19% 

Expected Dividend Yield

0.00% 

Risk-free Interest Rate

1.53% 

Expected Term (in years)

Fair Value of Options Granted

$                                        0.64



Summary Of Stock Options Outstanding And Exercisable



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

Weighted Average

 

 

 

   

 

 

 

 

Remaining

 

Aggregate



 

 

Exercise Price

Contractual Term

 

Intrinsic



Shares

 

Per Share

(years)

 

Value

Outstanding at September 30, 2014

180,000 

 

$

2.60 

 

 

 

 

Granted

 —

 

 

 —

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

Forfeited

 —

 

 

 —

 

 

 

 

Outstanding at September 30, 2015

180,000 

 

$

2.60 

 

 

 

 

Granted

17,500 

 

 

1.82 

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

Forfeited

 —

 

 

 —

 

 

 

 

Outstanding at September 30, 2016

197,500 

 

$

2.53 

 

 

 

 

Granted

2,723,305 

 

 

1.18 

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

Forfeited

(90,000)

 

 

1.27 

 

 

 

 

Outstanding at September 30, 2017

2,830,805 

 

$

1.27  9.63 

 

$

4,010,817 

Exercisable on September 30, 2017

98,750 

 

$

3.73  2.25 

 

$

7,263 



Summary Of Non-Vested Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Weighted Average

 

 



 

 

Grant -Date

 

 



Shares

 

Fair Value

 

Vesting Period

Total Outstanding September 30, 2014

141,435 

 

$

7.30 

 

 

Stock Granted

293,500 

 

 

1.70 

 

September 2015 - August 2018

Vested

(92,963)

 

 

4.70 

 

 

Forfeited

(58,250)

 

 

7.36 

 

 

Total Outstanding September 30, 2015

283,722 

 

$

2.31 

 

 

Stock Granted

101,250 

 

 

1.52 

 

September 2016 - January 2019

Vested

(195,002)

 

 

2.73 

 

 

Forfeited

 —

 

 

 —

 

 

Total Outstanding September 30, 2016

189,970 

 

$

2.31 

 

 

Stock Granted

190,000 

 

 

0.95 

 

October 2017 - April 2018

Vested

(181,220)

 

 

2.31 

 

 

Forfeited

 —

 

 

 —

 

 

Total Outstanding September 30, 2017

198,750 

 

$

0.99