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Loss Per Common Share (Tables)
9 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Calculation of Net Loss and Weighted Average Common Shares and Common Equivalent Shares Outstanding for Computation of Loss Per Share

The following table summarizes the calculation of net loss and weighted average common shares and common equivalent shares outstanding for purposes of the computation of loss per share (in thousands, except share and per share data):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Net loss

 

$

(6,574

)

 

$

(787

)

 

$

(14,816

)

 

$

(9,021

)

Less: Loss allocable to unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

 

Loss attributable to common shareholders for
   diluted earnings per share

 

$

(6,574

)

 

$

(787

)

 

$

(14,816

)

 

$

(9,021

)

Weighted average number of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares used in basic loss per share

 

 

13,013,616

 

 

 

13,353,254

 

 

 

12,977,146

 

 

 

13,464,177

 

Common share equivalents outstanding related to
   stock options and RSUs

 

 

 

 

 

 

 

 

 

 

 

 

Total weighted average common shares and common
   share equivalents used in diluted loss per share

 

 

13,013,616

 

 

 

13,353,254

 

 

 

12,977,146

 

 

 

13,464,177

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.51

)

 

$

(0.06

)

 

$

(1.14

)

 

$

(0.67

)

Diluted

 

$

(0.51

)

 

$

(0.06

)

 

$

(1.14

)

 

$

(0.67

)