WARRANTS

9 Months Ended

Jun. 30, 2021

WARRANTS

Note - 10 WARRANTS

NOTE 10 – WARRANTS

Transactions involving the Company equity-classified warrants are summarized as follows:

						Weighted-average
						remaining		Aggregate
	Number of			Weighted-average		contractual term		intrinsic value
	shares			exercise price		(in years)		(in thousands)
Outstanding at September 30, 2020		914,184		$	3.88			$	-
Granted		150,502			3.74				-
Exercised		(323,444	)		1.25
Forfeited		(82,631	)		1.25
Outstanding at June, 2021		658,611			5.48		2.27		-
Exercisable at June, 2021		658,611		$	5.99		1.26	$	-

The following table summarizes outstanding common stock purchase warrants as of June 30, 2021:

	Number of		Weighted-average
	shares		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		47,822		3.9125	October 2024
Exercisable at $1.25 per share		36,682		1.25	January 2025
Exercisable at $3.74 per share		150,502		3.74	December 2025
		658,611	$	5.48