Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.6.0.2
STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan
 3 Months Ended
Dec. 31, 2016
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 three months ended December 31, 2016 follows:
 
 
 
Option
Shares
Outstanding
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value
 
Outstanding at September 30, 2016
 
 
12,379,210
 
$
0.33
 
 
6.4
 
$
4,341,816
 
Awarded
 
 
100,000
 
$
0.60
 
 
-
 
 
-
 
Exercised
 
 
-
 
$
-
 
 
-
 
 
-
 
Forfeited
 
 
(100,000)
 
$
0.42
 
 
-
 
 
-
 
Outstanding at December 31, 2016
 
 
12,379,210
 
$
0.33
 
 
6.19
 
$
3,167,065
 
Vested
 
 
9,710,001
 
$
0.32
 
 
6.03
 
$
2,549,359
 
Vested and expected to vest at December 31, 2016
 
 
12,379,210
 
$
0.33
 
 
6.19
 
$
3,167,065
 
Nonvested Restricted Stock Shares Activity
Restricted stock activity under the 2013 Plan for the three months ended December 31, 2016 follows:
 
 
 
2016
 
Non Vested at October 1
 
 
225,000
 
Awarded
 
 
-
 
Vested
 
 
(150,000)
 
Forfeited
 
 
-
 
Non Vested at December 30
 
 
75,000
 
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 three months ended December 31, 2016 follows:
 
 
 
2016
 
Non Vested at October 1
 
$
0.72
 
Awarded
 
 
-
 
Vested
 
 
0.72
 
Forfeited
 
 
-
 
Non Vested at December 31
 
$
0.72