Stockholders' Equity (Tables)

12 Months Ended

Sep. 30, 2018

Schedule of Non-Vested Restricted Stock Units

A summary of the Company’s non-vested restricted stock units for the years ended September 30, 2018, 2017 and 2016 are as follows:



	Shares		Weighted Average Grant Due Fair Value
Non-vested restricted stock units at September 30, 2015	4,334		$	9,000
Vested	(4,334	)	(9,000		)
Non-vested restricted stock units at September 30, 2016	—		—
Granted	1,250,000		3,054,000
Non-vested restricted stock units at September 30, 2017	1,250,000		3,054,000
Granted	1,295,632		5,250,000
Vested	(251,042	)	(697,000		)
Forfeited	(87,348	)	(305,000		)
Non-vested restricted stock units at September 30, 2018	2,207,242		7,302,000

Schedule of Stock Option Activity

The following option activity occurred under the Company’s plan during the years ended September 30, 2018, 2017 and 2016:



	Options		Weighted Average Exercise Price Per Share		Weighted Average Grant-Date Fair Value Per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at September 30, 2015	1,370,000		$	6.34	$	1.80	4.12
Forfeited or expired	(148,500	)	4.93		6.48
Outstanding at September 30, 2016	1,221,500		$	6.51	$	1.22	3.31
Forfeited or expired	(15,500	)	4.42		1.99
Outstanding at September 30, 2017	1,206,000		6.54		1.21		2.29
Forfeited or expired	(594,000	)	6.85		0.83
Outstanding at September 30, 2018	612,000		6.23		1.59		3.27
Vested and exercisable at September 30, 2018	612,000		$	6.23	$	1.59	3.27	$	—

Schedule of Warrant Activity

The following tables summarize information about warrant activity during 2018, 2017 and 2016:



	Warrants		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term
Outstanding at September 30, 2015	44,587		$	5.00	1.26
Forfeited or expired	(21,558	)	5.00
Outstanding at September 30, 2016	23,029		5.00		0.75
Issued	12,437,916		3.25		4.30
Forfeited or expired	(21,558	)	5.00
Outstanding at September 30, 2017	12,439,387		3.25		4.30
Exercised	(1,489	)	3.25
Forfeited or expired	(1,471	)	5.00
Outstanding and exercisable at September 30, 2018	12,436,427		$	3.25	3.30

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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