Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.10.0.1
Share-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2018
Share-Based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 30,

 

June 30,



 

2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

2,867 

 

$

 

$

5,570 

 

$

Selling, general and administrative

 

 

379,814 

 

 

105,316 

 

 

919,516 

 

 

527,785 

Research and development

 

 

77,293 

 

 

 

 

154,190 

 

 



 

$

459,974 

 

$

105,316 

 

$

1,079,276 

 

$

527,785 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 30,

 

June 30,

Weighted Average Assumptions:

 

 

2018

 

 

2017

 

 

2018

 

 

2017

Expected Volatility

 

 

60.56% 

 

 

43.76% 

 

 

61.00% 

 

 

43.76% 

Expected Dividend Yield

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

Risk-free Interest Rate

 

 

2.86% 

 

 

1.62% 

 

 

2.63% 

 

 

1.62% 

Expected Term (in years)

 

 

6.0 

 

 

6.0 

 

 

5.9 

 

 

6.0 

Fair Value of Options Granted

 

$

1.10 

 

$

0.41 

 

$

1.00 

 

$

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

3,650,151 

 

 

1.72 

 

 

 

 

 

Exercised

(55,000)

 

 

1.20 

 

 

 

 

 

Forfeited

(861,644)

 

 

1.19 

 

 

 

 

 

Outstanding at June 30, 2018

5,564,312 

 

$

1.58 

 

8.78 

 

$

2,750,554 

Exercisable at June 30, 2018

514,167 

 

$

1.67 

 

3.74 

 

$

349,967 



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

(198,750)

 

 

 

 

 

Forfeited

 

 

 

 

 

Outstanding at June 30, 2018

 

$