Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.10.0.1
Share-Based Compensation (Tables)
3 Months Ended
Dec. 31, 2018
Share-Based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses



 

 

 

 

 

 



 

Three Months Ended



 

December 31,



 

2018

 

2017



 

 

 

 

 

 

Cost of sales

 

$

7,952 

 

$

3,265 

Selling, general and administrative

 

 

327,009 

 

 

175,337 

Research and development

 

 

82,295 

 

 

28,852 



 

$

417,256 

 

$

207,454 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 



 

Three Months Ended



 

December 31,

Weighted Average Assumptions:

 

 

2018

 

 

2017



 

 

 

 

 

 

Expected volatility

 

 

67.61% 

 

 

60.60% 

Expected dividend yield

 

 

0.00% 

 

 

0.00% 

Risk-free interest rate

 

 

2.75% 

 

 

2.24% 

Expected term (in years)

 

 

5.5 

 

 

5.7 

Fair value of options granted

 

$

0.83 

 

$

0.65 



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, 2018

5,645,312 

 

$

1.59 

 

 

 

$

 

Granted

583,656 

 

 

1.38 

 

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

 

Forfeited

(118,500)

 

 

1.25 

 

 

 

 

 

Outstanding at December 31, 2018

6,110,468 

 

$

1.57 

 

8.51 

 

$

646,633 

Exercisable at December 31, 2018

1,777,286 

 

$

1.29 

 

6.76 

 

$

381,186