Quarterly report pursuant to Section 13 or 15(d)

Share-based Compensation (Tables)

v3.22.0.1
Share-based Compensation (Tables)
3 Months Ended
Dec. 31, 2021
Share-based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses Three Months Ended December 31, 2021 2020 Cost of sales$ 21,076 $ 16,212Selling, general and administrative 1,395,558 561,484Research and development 463,794 207,601Share-based compensation$ 1,880,428 $ 785,297
Weighted Average Assumptions for Options Granted Three Months Ended December 31, 2021 2020Weighted Average Assumptions: Expected volatility 77.39% 65.81%Expected dividend yield 0.00% 0.00%Risk-free interest rate 1.33% 0.51%Expected term (in years) 6.0 5.9Fair value of options granted$ 5.60 $ 1.58
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, 2021 10,600,680 $ 2.84 Granted 2,207,100 $ 8.35 Exercised (79,334) $ 2.65 Forfeited and expired (1,334) $ 2.25 Outstanding at December 31, 2021 12,727,112 $ 3.79 7.89 $ 38,307,597Exercisable at December 31, 2021 7,441,743 $ 1.82 7.04 $ 30,275,121