Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.19.1
Share-Based Compensation (Tables)
6 Months Ended
Mar. 31, 2019
Share-Based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

March 31,

 

March 31,



 

 

2019

 

 

2018

 

 

2019

 

 

2018



 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

7,778 

 

$

1,797 

 

$

15,730 

 

$

5,061 

Selling, general and administrative

 

 

407,426 

 

 

362,006 

 

 

734,435 

 

 

537,344 

Research and development

 

 

81,005 

 

 

48,045 

 

 

163,300 

 

 

76,897 



 

$

496,209 

 

$

411,848 

 

$

913,465 

 

$

619,302 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

March 31,

 

March 31,

Weighted Average Assumptions:

 

 

2019

 

 

2018

 

 

2019

 

 

2018



 

 

 

 

 

 

 

 

 

 

 

 

Expected volatility

 

 

65.45% 

 

 

62.34% 

 

 

66.88% 

 

 

61.38% 

Expected dividend yield

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

Risk-free interest rate

 

 

2.27% 

 

 

2.76% 

 

 

2.59% 

 

 

2.47% 

Expected term (in years)

 

 

5.9 

 

 

6.0 

 

 

5.7 

 

 

5.8 

Fair value of options granted

 

$

0.90 

 

$

1.28 

 

$

0.85 

 

$

0.93 



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

880,882 

 

 

1.42 

 

 

 

 

 

Exercised

(166,667)

 

 

1.20 

 

 

 

 

 

Forfeited

(301,834)

 

 

1.52 

 

 

 

 

 

Outstanding at March 31, 2019

6,057,693 

 

$

1.57 

 

7.83 

 

$

785,435 

Exercisable at March 31, 2019

2,042,285 

 

$

1.46 

 

6.51 

 

$

436,840