6. SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Assumptions used

	For the Three Months Ended			For the Nine Months Ended
	June 30,			June 30,
	2019	2018		2019		2018
Expected term (years)	n/a	2.50-5.00		2.50-2.75		2.50-5.00
Expected volatility	n/a		80.0%-85.0%		82.0%		80.0%-103.1%
Risk free interest rate	n/a		2.57%-2.84%		2.53%		2.45%-2.84%
Expected dividends	n/a		0.00%		0.00%		0.00%
Estimated annual forfeiture rate	n/a		10%		0%		10%

Schedule of stock option activity

	Number of Options			Weighted Average Exercise Price		Average Remaining Life In Years		Intrinsic Value
Outstanding, September 30, 2018		545,066		$	2.19
Granted		290,481			1.54
Exercised		–			–
Forfeited		(22,668	)		1.78
Expired		–			–
Outstanding, June 30, 2019		812,879		$	1.69		4.1	$	29,100
Exercisable, June 30, 2019		622,007		$	1.73		4.0	$	29,100

Schedule of option activity by exericse price

Options Outstanding				Options Exercisable
Exercise Price		Weighted Average Exercise Price	Outstanding Number of Options		Weighted Average Exercise Price	Weighted Average Remaining Life In Years	Exercisable Number of Options
$0.64 to $1.23	$	0.80	77,500	$	0.80	5.3	77,500
$1.44 to $1.67		1.51	606,879		1.49	4.6	416,007
$2.20 to $2.85		2.48	66,000		2.48	0.9	66,000
$3.73 to $3.79		3.74	62,500		3.74	1.6	62,500
			812,879			4.0	622,007

Schedule restricted stock option activity

	Number of Shares			Weighted Average Grant Date Fair Value		Total Grant Date Fair Value
Non-vested, September 30, 2018		6,028		$	1.24	$	7,475
Granted		–			–		–
Vested		(6,028	)		1.24		(7,475	)
Forfeited		–			–
Non-vested, June 30, 2019		–		$	–	$	–