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Stock-Based Compensation
 3 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Plan Information
The 2015 Incentive Stock Plan (the “Plan”) provides for awards of stock options and restricted stock to officers, directors, key employees and consultants. At December 31, 2021, 2,100,415 shares of common stock were reserved for stock award grants under the Plan.  Of these reserved shares, 221,029 shares were available for future grants.
Stock Options
As of September 30, 2021, there were 50,000 stock options with a weighted average exercise price of $1.28 per share and an aggregate intrinsic value of $54 thousand outstanding under the Plan. There were no stock options granted, exercised, expired or forfeited during the quarter ended December 31, 2021. As of December 31, 2021, 50,000 stock options remained outstanding and exercisable, with an average exercise price of $1.28 per share and an aggregate intrinsic value of $22 thousand.
Restricted stock awards
A summary of the Company's non-vested restricted share awards at December 31, 2021 and changes during the quarter ended December 31, 2021 is presented in the following table (in thousands, except shares):
SharesFair Value
Non-vested at September 30, 2021739,913 $1,706 
Granted130,111 333 
Vested (112,390)(230)
Forfeited(20,000)(41)
Non-vested at December 31, 2021737,634 $1,768 
Expenses related to stock-based compensation including restricted stock and stock option awards, were $0.3 million in each of the three month periods ended December 31, 2021 and 2020.
The Company did not recognize a tax benefit for compensation expense recognized during the three months ended December 31, 2021 and 2020.
At December 31, 2021, unrecognized compensation expense related to non-vested stock-based compensation awards not yet recognized in the consolidated statements of operations was $0.9 million. That cost is expected to be recognized over a period of 2.8 years.