Quarterly report pursuant to Section 13 or 15(d)

Share-based Compensation (Tables)

v3.19.2
Share-based Compensation (Tables)
9 Months Ended
Jun. 30, 2019
Share-based Compensation [Abstract]  
Recorded Share-Based Compensation Expenses



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 30,

 

June 30,



 

2019

 

2018

 

2019

 

2018



 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

$

9,998 

 

$

6,174 

 

$

25,728 

 

$

11,235 

Selling, general and administrative

 

 

347,165 

 

 

376,507 

 

 

1,081,600 

 

 

913,851 

Research and development

 

 

111,044 

 

 

77,293 

 

 

274,344 

 

 

154,190 



 

$

468,207 

 

$

459,974 

 

$

1,381,672 

 

$

1,079,276 



Weighted Average Assumptions For Options Granted



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 30,

 

June 30,



 

2019

 

2018

 

2019

 

2018

Weighted Average Assumptions:

 

 

 

 

 

 

 

 

 

 

 

 

Expected volatility

 

 

65.29% 

 

 

60.56% 

 

 

65.91% 

 

 

61.00% 

Expected dividend yield

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

 

 

0.00% 

Risk-free interest rate

 

 

2.23% 

 

 

2.86% 

 

 

2.37% 

 

 

2.63% 

Expected term (in years)

 

 

6.0 

 

 

6.0 

 

 

5.9 

 

 

5.9 

Fair value of options granted

 

$

0.97 

 

$

1.10 

 

$

0.92 

 

$

1.00 



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

2,255,282 

 

$

1.53 

 

 

 

 

 

Exercised

(283,333)

 

$

1.19 

 

 

 

 

 

Forfeited

(480,847)

 

$

1.89 

 

 

 

 

 

Outstanding at June 30, 2019

7,136,414 

 

$

1.56 

 

8.17 

 

$

4,082,982 

Exercisable at June 30, 2019

2,240,384 

 

$

1.48 

 

7.10 

 

$

1,460,499