Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

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



 

 

 

 

 

 



 

2018

 

2017



 

 

 

 

 

 

Cost of sales

 

$

9,225 

 

$

1,074 

Selling, general and administrative

 

 

1,294,249 

 

 

737,258 

Research and development

 

 

335,031 

 

 

17,943 



 

$

1,638,505 

 

$

756,275 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 



 

Year Ended



 

September 30,

Weighted Average Assumptions:

 

 

2018

 

 

2017

Expected Volatility

 

 

60.95% 

 

 

43.19% 

Expected Dividend Yield

 

 

0.00% 

 

 

0.00% 

Risk-free Interest Rate

 

 

2.65% 

 

 

1.53% 

Expected Term (in years)

 

 

5.9 

 

 

7.0 

Fair Value of Options Granted

 

$

1.00 

 

$

0.64 



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

3,960,151 

 

 

1.73 

 

 

 

 

 

Exercised

(55,000)

 

 

1.20 

 

 

 

 

 

Forfeited

(1,090,644)

 

 

1.33 

 

 

 

 

 

Outstanding at September 30, 2018

5,645,312 

 

$

1.59 

 

8.62 

 

$

724,254 

Exercisable at September 30, 2018

1,133,886 

 

$

1.34 

 

5.91 

 

$

268,905 



Summary Of Non-Vested Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Weighted Average

 

 



 

 

Grant Date

 

 



Shares

 

Fair Value

 

Vesting Period

Outstanding at September 30, 2017

198,750 

 

$

0.99 

 

     October 2017 – April 2018

Granted

 

 

 

 

Vested

(198,750)

 

 

0.99 

 

 

Forfeited

 

 

 

 

Outstanding at September 30, 2018

 

$