Share-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2023

Restricted Stock Units

Share-Based Compensation

Schedule of restricted stock units

	Non-vested	Weighted Average
	Stock Awards	Share Price
Balance at September 30, 2021	25,396	$	6.30
Granted	38,986		6.52
Issued	(27,425)		6.32
Cancelled	(4,059)		6.57
Balance at September 30, 2022	32,897	$	6.51
Granted	133,554		8.00
Issued	(64,483)		7.51
Cancelled	—		—
Balance at September 30, 2023	101,968	$	7.84

2019 Plan

Share-Based Compensation

Schedule of option activity

		Weighted
		Average		Aggregate
		Exercise		Intrinsic
	Options	Price		Value
Outstanding at September 30, 2021	100,000	$	7.10	$	—
Granted	—		—		—
Exercised	(42,416)		8.26		64,896
Cancelled	—		—		—
Outstanding at September 30, 2022	57,584	$	7.10	$	88,104
Granted	224,374		8.19		—
Exercised	(57,584)		7.10		28,792
Cancelled	—		—		—
Outstanding at September 30, 2023	224,374	$	8.19	$	—
Vested and expected to vest	69,796	$	8.20	$	—
Options exercisable at September 30, 2023	154,578	$	8.19	$	—

Schedule of information about stock options

Options Outstanding					Options Exercisable
	Outstanding	Weighted-
	As of	Average	Weighted-		As of	Weighted-
Range of Exercise	September 30,	Remaining	Average		September 30,	Average
Prices	2023	Contractual Life	Exercise Price		2023	Exercise Price
$0.00 - $9.00	224,374	9.4	$	8.20	154,578	$	8.19

Schedule of fair value assumptions used to record stock option compensation expense

	Fiscal Year Ended September 30,
	2023		2022 (1)		2021 (1)
Expected dividend rate	—		—		—
Expected volatility	55.1	%	—	%	—	%
Weighted average risk-free interest rate	3.7	%	—	%	—	%
Expected lives (years)	5.3		—		—

(1) The Company did not grant any options in fiscal 2022 and 2021.