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SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Jun. 30, 2026
SHARE-BASED COMPENSATION  
Schedule of unvested restricted stock awards

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Vesting (1/3 Annual)

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at June 30, 2026

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Grant Date

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Shares Granted

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Grant Price

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Grant Value

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Beginning

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Ending

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Unvested Shares

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Unvested Value

Award 1

2/15/2023

40,000

$

2.65

$

106,000

2/15/2024

2/15/2026

$

Award 2

 

1/17/2024

 

3,663

5.46

20,000

 

1/17/2025

 

1/17/2027

 

1,221

6,667

Award 3

 

6/20/2024

 

6,684

7.48

50,000

 

6/20/2025

 

6/20/2027

 

2,228

16,667

Award 4

 

8/21/2024

 

10,153

9.85

100,007

 

8/21/2025

 

8/21/2027

 

6,768

66,665

Award 5

 

8/21/2024

 

4,061

9.85

40,001

 

8/21/2025

 

8/21/2027

 

2,707

26,664

Award 6

 

1/15/2025

 

1,985

12.60

25,011

 

1/15/2026

 

1/15/2028

 

1,323

16,670

Award 7

1/15/2025

1,985

12.60

25,011

1/15/2026

1/15/2028

1,323

16,670

Award 8

11/18/2025

5,291

9.45

50,000

11/18/2026

11/18/2028

5,291

50,000

Award 9

12/17/2025

2,980

8.39

25,002

12/17/2026

12/17/2028

2,980

25,002

Award 10

 

12/17/2025

 

2,980

8.39

25,002

 

12/17/2026

 

12/17/2028

 

2,980

25,002

Award 11

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

Award 12

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

Award 13

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

 

88,125

$

541,037

35,164

$

325,010

Weighted average grant-date fair value

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$

6.14

 

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Vesting (1/3 Annual)

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at June 30, 2026

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Grant Date

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Shares Granted

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Grant Price

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Grant Value

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Beginning

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Ending

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Unvested Shares

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Unvested Value

Douglas Reynolds

2/15/2023

40,000

$

2.65

$

106,000

2/15/2024

2/15/2026

$

Charles Crimmel

 

1/17/2024

 

3,663

5.46

20,000

 

1/17/2025

 

1/17/2027

 

1,221

6,667

Douglas Reynolds

8/21/2024

4,061

9.85

40,001

8/21/2025

8/21/2027

2,707

26,664

Charles Crimmel

 

1/15/2025

 

1,985

12.60

25,011

 

1/15/2026

 

1/15/2028

 

1,323

16,670

Charles Crimmel

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

 

52,490

 

$

216,013

8,032

 

75,002

Weighted average grant-date fair value

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$

4.12

 

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Schedule of total unvested restricted stock awards and grant amounts that will vest in future periods

The table below represents the total unvested restricted stock awards and grant amounts that will vest in future periods at June 30, 2026:

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Grant Vesting

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Grant Amount

July 2026-June 2027

16,044

$

145,037

July 2027-June 2028

12,590

121,652

July 2028-June 2029

 

6,530

 

58,321

 

35,164

$

325,010

Schedule of unrecognized compensation expense for unvested restricted stock awards

The table below represents the total unrecognized compensation expense for unvested restricted stock awards to be expensed in future periods at June 30, 2026:

July 2026-June 2027

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$

141,498

July 2027-June 2028

73,861

July 2028-June 2029

 

27,431

$

242,790