Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.10.0.1
STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan [Member]
 12 Months Ended
Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
Stock compensation activity under the 2013 Plan for the year ended September 30, 2018 follows:
 
 
 
Option

Shares

Outstanding
 
 
Weighted

Average

Exercise

Price
 
 
Weighted

Average

Remaining

Contractual

Term (years)
 
 
Aggregate

Intrinsic

Value
 
Outstanding at September 30, 2017
 
 
14,634,210
 
 
$
0.39
 
 
 
4.72
 
 
$
6,178,263
 
Awarded
 
 
2,605,000
 
 
$
0.45
 
 
 
-
 
 
 
-
 
Exercised
 
 
(435,000
)
 
$
0.37
 
 
 
-
 
 
 
-
 
Forfeited/Cancelled
 
 
(1,120,000
)
 
$
0.42
 
 
 
-
 
 
 
-
 
Outstanding at September 30, 2018
 
 
15,684,210
 
 
$
0.41
 
 
 
3.89
 
 
$
1,142,521
 
Vested
 
 
12,703,439
 
 
$
0.39
 
 
 
4.25
 
 
$
1,123,133
 
Vested and expected to vest at September 30, 2018
 
 
15,684,210
 
 
$
0.40
 
 
 
3.89
 
 
$
1,142,521
 
Nonvested Restricted Stock Shares Activity
Restricted stock activity under the 2013 Plan for the year ended September 30, 2018 and 2017 follows:
 
 
 
2018
 
 
2017
 
Non Vested at September 30, 2017
 
 
1,750,000
 
 
 
225,000
 
Awarded
 
 
1,065,000
 
 
 
1,750,000
 
Vested
 
 
-
 
 
 
(225,000
)
Forfeited
 
 
-
 
 
 
-
 
Non Vested at September 30, 2018
 
 
2,815,000
 
 
 
1,750,000
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
The weighted average restricted stock award date fair value information for the year ended September 30, 2018 follows:
 
 
 
Weighted

Average

Restricted

Stock Award
 
Non Vested at September 30, 2017
 
$
0.65
 
Awarded
 
 
0.43
 
Vested
 
 
-
 
Forfeited
 
 
-
 
Non Vested at September 30, 2018
 
$
0.57