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6. SHARE-BASED COMPENSATION
3 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
SHARE-BASED COMPENSATION

NOTE 6                  SHARE-BASED COMPENSATION

 

Stock Options

 

There were no options granted during the three months ended December 31, 2020 or 2019.

 

During the three months ended December 31, 2020, the Company issued 2,500 shares of its common stock pursuant to the exercise of stock options at an exercise price of $0.67 per share for aggregate cash proceeds of $2,000.

 

The Company recognized compensation expense for stock option awards of $41,000 and $33,000 during the three months ended December 31, 2020 and 2019, respectively, in its condensed consolidated statements of operations.

 

At December 31, 2020, there was $34,000 of total unrecognized compensation cost related to nonvested stock option awards that is expected to be recognized over a weighted average period of 0.6 years.