XML 48 R34.htm IDEA: XBRL DOCUMENT

SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Sep. 30, 2020

The Company’s share-based compensation benefit and related income tax effects are as follows:

A summary of the activity in Barnwell’s equity-classified share options from October 1, 2019 through September 30, 2020 is presented below:


Options	Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at October 1, 2019	30,000	$	3.01
Granted	—	—
Exercised	—	—
Expired/Forfeited	(30,000)	3.01
Outstanding at September 30, 2020	—	$	—	—	$	—
Exercisable at September 30, 2020	—	$	—	—	$	—

The following table summarizes the components of the total share-based compensation for liability-classified awards:


	Year ended September 30,
	2020		2019
Due to vesting	$	—	$	—
Due to remeasurement	—		(42,000)
Total share-based compensation benefit for liability-based awards	$	—	$	(42,000)

A summary of the activity in Barnwell’s liability-classified share options from October 1, 2019 through September 30, 2020 is presented below:


Options	Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at October 1, 2019	288,750	$	4.18
Granted	—	—
Exercised	—	—
Expired/Forfeited	(288,750)	4.18
Outstanding at September 30, 2020	—	$	—	—	$	—
Exercisable at September 30, 2020	—	$	—	—	$	—

The following assumptions were used in estimating fair value for all liability-classified share options outstanding:


	Year ended September 30,
	2020	2019
Expected volatility range	—	87.8% to 91.1%
Weighted-average volatility	—	90.8%
Expected dividends	—	None
Expected term (in years)	—	0.2 to 0.5
Risk-free interest rate	—	1.8% to 1.9%
Expected forfeitures	—	None