General form of registration statement for all companies including face-amount certificate companies

STOCK-BASED COMPENSATION (Tables)

v3.20.4
STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan [Member]
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Schedule of stock compensation activity

Stock compensation activity under the 2013 Plan for the three months ended December 31, 2020 follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Option

 

Average

 

Remaining

 

Aggregate

 

 

Shares

 

Exercise

 

Contractual

 

Intrinsic

 

 

Outstanding

 

Price

 

Term (years)

 

Value

Outstanding at September 30, 2020

 

18,248,346

 

$

0.36

 

2.59

 

$

79,330

Awarded

 

975,000

 

$

0.17

 

 

 

Forfeited/Cancelled

 

(148,191)

 

$

0.44

 

 

 

Outstanding at December 31, 2020

 

19,075,155

 

$

0.35

 

2.61

 

$

119,733

Vested at December 31, 2020

 

16,587,085

 

$

0.37

 

2.64

 

$

70,693

Vested and expected to vest at December 31, 2020

 

19,075,155

 

$

0.35

 

2.61

 

$

119,733

 

Stock compensation activity under the 2013 Plan for the year ended September 30, 2020 follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Option

 

Average

 

Remaining

 

Aggregate

 

 

Shares

 

Exercise

 

Contractual

 

Intrinsic

 

 

Outstanding

 

Price

 

Term (years)

 

Value

Outstanding at September 30, 2019

 

15,807,911

 

$

0.40

 

3.14

 

$

142,810

Awarded

 

3,375,000

 

$

0.22

 

 —

 

 

 —

Forfeited/Cancelled

 

(934,565)

 

$

0.44

 

 —

 

 

 —

Outstanding at September 30, 2020

 

18,248,346

 

$

0.36

 

2.59

 

$

79,330

Vested at September 30, 2020

 

16,077,006

 

$

0.38

 

2.78

 

$

69,305

Vested and expected to vest at September 30, 2020

 

18,248,346

 

$

0.36

 

2.59

 

$

79,330

 

Schedule of restricted stock activity

Restricted stock activity in shares under the 2013 Plan for the three months ended December 31, 2020 and 2019 follows:

 

 

 

 

 

 

 

    

2020

    

2019

Non Vested at September 30, 2020 and 2019

 

 —

 

965,000

Awarded

 

50,000

 

 —

Vested

 

 —

 

 —

Forfeited

 

 —

 

 —

Non Vested at December 31, 2020 and 2019

 

50,000

 

965,000

 

Restricted stock activity in shares under the 2013 Plan for the years ended September 30, 2020 and 2019 follows:

 

 

 

 

 

 

 

    

2020

    

2019

Non Vested at September 30, 2019 and 2018

 

965,000

 

2,815,000

Awarded

 

 —

 

 —

Vested

 

(965,000)

 

(1,850,000)

Forfeited

 

 —

 

 —

Non Vested at September 30, 2020 and 2019

 

 —

 

965,000

 

Schedule of weighted average restricted stock award date fair value information

The weighted average restricted stock award date fair value information for the three months ended December 31, 2020 and 2019 follows:

 

 

 

 

 

 

 

 

 

    

2020

    

2019

Non Vested at September 30, 2020 and 2019

 

$

 —

 

$

0.57

Awarded

 

 

0.18

 

 

 —

Vested

 

 

 —

 

 

 —

Forfeited

 

 

 —

 

 

 —

Non Vested at December 31, 2020 and 2019

 

$

0.18

 

$

0.57

 

The weighted average restricted stock award date fair value information for the years ended September 30, 2020 and 2019 follows:

 

 

 

 

 

 

 

 

 

 

2020

 

2019

Non Vested at September 30, 2019 and 2018

 

$

0.43

 

$

0.57

Awarded

 

 

 —

 

 

 —

Vested

 

 

(0.43)

 

 

(0.64)

Forfeited

 

 

 —

 

 

 —

Non Vested at September 30, 2020 and 2019

 

$

 —

 

$

0.43