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12. WARRANTS
6 Months Ended
Mar. 31, 2020
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     527,923       1.49              
Exercised     -       -              
Forfeited     -       -              
Outstanding at March 31, 2020     951,528     $ 3.78       3.77     $  
                                 
Exercisable at March 31, 2020     423,605     $ 6.64       2.53     $  

 

The following table summarizes outstanding common stock purchase warrants as of March 31, 2020:

 

    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     47,000     $ 3.9125   October 2024
Exercisable at $1.25 per share     480,000     $ 1.25   January 2025
      951,528       3.78