Annual report pursuant to Section 13 and 15(d)

Note 11 - Share-based Compensation (Tables)

v3.24.4
Note 11 - Share-based Compensation (Tables)
12 Months Ended
Sep. 30, 2024
Notes Tables  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

2024

   

2023

 
                 

Cost of sales

  $ 404,348     $ 361,843  

Selling, general and administrative

    10,379,520       13,785,067  

Research and development

    2,860,537       3,771,693  
    $ 13,644,405     $ 17,918,603  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2024

   

2023

 

Weighted Average Assumptions:

               

Expected Volatility

    108.97 %     101.37 %

Expected Dividend Yield

    0.00 %     0.00 %

Risk-free Interest Rate

    4.44 %     3.92 %

Expected Term (in years)

    6.0       6.0  

Fair Value of Options Granted

  $ 1.18     $ 5.55  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
           

Weighted Average

         
                   

Remaining

   

Aggregate

 
   

Number of

   

Exercise Price

   

Contractual Term

   

Intrinsic

 
   

Shares

   

Per Share

   

(years)

   

Value

 
                                 

Outstanding at September 30, 2023

    17,367,643     $ 5.28                  

Granted

    2,467,980       1.40                  

Exercised

    (2,734 )     1.20                  

Forfeited

    (1,370,461 )     7.56                  

Outstanding at September 30, 2024

    18,462,428     $ 4.59       6.32     $ 44,938  

Exercisable at September 30, 2024

    12,740,284     $ 4.42       5.27     $