12. WARRANTS

3 Months Ended

Dec. 31, 2019

Warrants Abstract

WARRANTS

Transactions involving our equity-classified warrants are summarized as follows:

	Number of shares		Weighted-average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (in thousands)
Outstanding at September 30, 2019		423,605	$	6.64		-		-
Issued		47,923		3.91
Exercised		-		-
Forfeited		-		-
Outstanding at December 31, 2019		471,528	$	6.36		2.83	$	—
Exercisable at December 31, 2019		423,605	$	6.64		2.770	$	—

The following table summarizes outstanding common stock purchase warrants as of December 31, 2019:

	Number of shares		Weighted-average exercise price		Expiration
Exercisable at $7.80 per share		141,676	$	7.80	September 2021
Exercisable at $4.00 per share		70,500	$	4.00	September 2022
Exercisable at $7.50 per share		100,000	$	7.50	October 2022
Exercisable at $4.375 per share		51,429	$	4.375	September 2023
Exercisable at $7.50 per share		60,000	$	7.50	May 2024
Exercisable at $3.9125 per share		47,923	$	3.9125	October 2024
		471,528		6.36