WARRANTS

3 Months Ended

Dec. 31, 2021

WARRANTS

NOTE 10 - WARRANTS

NOTE 10 – WARRANTS

Transactions involving the Company equity-classified warrants for the three months ended December 31, 2021 and 2020 are summarized as follows:

					Weighted-average
					remaining		Aggregate
			Weighted-average		contractual term		intrinsic value
	Number of shares		exercise price		(in years)		(in thousands)
Outstanding at September 30, 2021		660,417	$	4.60		3.05	$	-
Granted		-		-				-
Exercised		-		-
Forfeited		-		-
Outstanding at December 31, 2021		660,417		4.60		2.79		-
Exercisable at December 31, 2021		660,417	$	4.60		2.79	$	-

The following table summarizes outstanding common stock purchase warrants as of December 31, 2021:

			Weighted-average
	Number of shares		exercise price		Expiration
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
Exercisable at $3.75 per share		143,482		3.75	June 2026
		660,417	$	4.60