Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.8.0.1
Share-Based Compensation (Tables)
6 Months Ended
Mar. 31, 2018
Share-Based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

March 31,

 

March 31,



 

2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

330 

 

$

 

$

2,703 

 

$

Selling, general and administrative

 

 

363,475 

 

 

105,158 

 

 

539,702 

 

 

402,437 

Research and development

 

 

48,045 

 

 

 

 

76,897 

 

 



 

$

411,850 

 

$

105,158 

 

$

619,302 

 

$

402,437 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

March 31,

 

March 31,

Weighted Average Assumptions:

 

 

2018

 

 

2017

 

 

2018

 

 

2017

Expected Volatility

 

 

62.34% 

 

 

43.76% 

 

 

61.38% 

 

 

43.76% 

Expected Dividend Yield

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

Risk-free Interest Rate

 

 

2.76% 

 

 

1.62% 

 

 

2.47% 

 

 

1.62% 

Expected Term (in years)

 

 

6.0 

 

 

6.0 

 

 

5.8 

 

 

6.0 

Fair Value of Options Granted

 

$

1.28 

 

$

0.41 

 

$

0.93 

 

$

0.41 



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, 2017

2,830,805 

 

$

1.27 

 

 

 

 

 

Granted

2,058,051 

 

 

1.61 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

Forfeited

(349,221)

 

 

1.19 

 

 

 

 

 

Outstanding at March 31, 2018

4,539,635 

 

$

1.42 

 

8.93 

 

$

2,266,873 

Exercisable at March 31, 2018

510,417 

 

$

1.60 

 

3.91 

 

$

298,617 



Summary Of Non-Vested Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Weighted Average

 

 



 

 

Grant Date

 

 



Shares

 

Fair Value

 

Vesting Period

Outstanding at September 30, 2017

198,750 

 

$

0.99 

 

 

Granted

 

 

 

 

 

Vested

(190,000)

 

 

 

 

 

Forfeited

 

 

 

 

 

Outstanding at March 31, 2018

8,750 

 

$

1.82 

 

April 2018