Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.19.3
STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan [Member]
 12 Months Ended
Sep. 30, 2019
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 year ended September 30, 2019 follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

    

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

Option

 

Average

 

Remaining

 

Aggregate

 

 

Shares

 

Exercise

 

Contractual

 

Intrinsic

 

 

Outstanding

 

Price

 

Term (years)

 

Value

Outstanding at September 30, 2018

 

15,684,210

 

$

0.40

 

3.89

 

$

1,142,521

Awarded

 

1,925,000

 

$

0.38

 

 —

 

 

 —

Exercised

 

(1,525,000)

 

$

0.37

 

 —

 

 

 —

Forfeited/Cancelled

 

(276,299)

 

$

0.41

 

 —

 

 

 —

Outstanding at September 30, 2019

 

15,807,911

 

$

0.40

 

3.14

 

$

142,810

Vested

 

13,795,584

 

$

0.39

 

3.49

 

$

142,810

Vested and expected to vest at September 30, 2019

 

15,807,911

 

$

0.40

 

3.14

 

$

142,810

 

Schedule of restricted stock activity

Restricted stock activity in shares under the 2013 Plan for the year ended September 30, 2019 and 2018 follows:

 

 

 

 

 

 

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

Non Vested at beginning of year

 

2,815,000

 

1,750,000

Awarded

 

 —

 

1,065,000

Vested

 

(1,850,000)

 

 —

Forfeited

 

 —

 

 —

Non Vested at end of year

 

965,000

 

2,815,000

 

Schedule of weighted average restricted stock award date fair value information

The weighted average restricted stock award date fair value information for the year ended September 30, 2019 and 2018 follows:

 

 

 

 

 

 

 

 

 

 

September 30, 

 

September 30, 

 

 

2019

 

2018

Non Vested at beginning of year

 

$

0.57

 

$

0.65

Awarded

 

 

 —

 

 

0.43

Vested

 

 

0.64

 

 

 —

Forfeited

 

 

 —

 

 

 —

Non Vested at end of year

 

$

0.43

 

$

0.57