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Share-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2021
Stock Based Incentive Compensation Plan 2009  
Share-Based compensation  
Summary of option activity

    

    

    

Weighted

    

Average

Aggregate

Exercise

Intrinsic

Options

Price

Value

Outstanding at September 30, 2018

 

550,834

$

3.32

$

15,000

Granted

 

Exercised

 

Cancelled

 

Outstanding at September 30, 2019

 

550,834

$

3.32

$

761,767

Granted

 

 

 

Exercised

 

(546,334)

3.31

1,926,782

Cancelled

 

 

Outstanding at September 30, 2020

 

4,500

$

3.78

$

13,770

Granted

 

 

 

Exercised

 

(4,500)

3.78

9,892

Cancelled

 

 

Outstanding at September 30, 2021

 

$

$

Vested and expected to vest

 

$

$

Options exercisable at September 30, 2021

 

$

$

Summary of information about stock options

Options Outstanding

Options Exercisable

Outstanding

Weighted-

As of

Average

Weighted-

Weighted-

Range of Exercise

September 30,

Remaining

Average

As of September

Average

Prices

    

2021

    

Contractual Life

    

Exercise Price

    

30, 2021

    

Exercise Price

$0.00 - $5.00

 

 

$

 

$

2019 Plan  
Share-Based compensation  
Summary of option activity

    

    

Weighted

    

Average

Aggregate

Exercise

Intrinsic

Options

Price

Value

Outstanding at September 30, 2019

 

$

$

Granted

 

100,000

7.10

 

Exercised

 

 

Cancelled

 

 

Outstanding at September 30, 2020

 

100,000

$

7.10

$

Granted

 

 

Exercised

 

 

Cancelled

 

 

Outstanding at September 30, 2021

 

100,000

$

7.10

$

Vested and expected to vest

 

100,000

$

7.10

$

Options exercisable at September 30, 2021

 

50,000

$

7.10

$

Summary of information about stock options

Options Outstanding

Options Exercisable

Outstanding

Weighted-

As of

Average

Weighted-

Weighted-

Range of Exercise

September 30,

Remaining

Average

As of September

Average

Prices

2020

Contractual Life

Exercise Price

30, 2020

Exercise Price

$0.00 - $8.00

 

100,000

 

8.9

$

7.10

 

50,000

$

7.10

Schedule of fair value assumptions used to record compensation expense

    

Fiscal Year Ended September 30,

 

    

2021 (1)

    

2020

    

2019 (1)

 

Expected dividend rate

 

 

Expected volatility

%  

58.4

%  

%

Weighted average risk-free interest rate

%  

0.3

%  

%

Expected lives (years)

 

5.5

 

(1)The Company did not grant any options in fiscal 2021 and 2019