Annual report pursuant to Section 13 and 15(d)

Share-based Compensation (Tables)

v3.22.2.2
Share-based Compensation (Tables)
12 Months Ended
Sep. 30, 2022
Share-based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses

2022

2021

Cost of sales

$

328,225

$

65,165

Selling, general and administrative

8,151,505

3,629,732

Research and development

2,762,693

1,355,492

$

11,242,423

$

5,050,389

Weighted Average Assumptions for Options Granted

2022

2021

Weighted Average Assumptions:

Expected Volatility

84.53%

69.68%

Expected Dividend Yield

0.00%

0.00%

Risk-free Interest Rate

2.17%

0.67%

Expected Term (in years)

6.0

5.9

Fair Value of Options Granted

$

7.10

$

3.58

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, 2021

10,600,680

$

2.84

Granted

4,494,615

9.79

Exercised

(539,146)

2.00

Forfeited

(292,679)

5.64

Outstanding at September 30, 2022

14,263,470

$

5.00

7.30

$

96,040,469

Exercisable at September 30, 2022

7,763,554

$

2.22

6.04

$

72,896,243