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Stock Based Compensation (Tables)
9 Months Ended
Jun. 30, 2019
Schedule of Stock compensation expense

Stock compensation expense for the three and nine months ended June 30, 2019 and 2018 is as follows:

 

 

 

 

 

 

 

 

 

    

Three Months Ended

    

Three Months Ended

 

 

June 30, 2019

 

June 30, 2018

Stock Grants

 

$

73,000

 

$

78,000

Restricted Stock Grants

 

 

6,000

 

 

14,000

Option Grants

 

 

 —

 

 

 —

Employee Stock Purchase Plan

 

 

1,000

 

 

1,000

Subsidiary Option Grants

 

 

10,000

 

 

27,000

Total

 

$

90,000

 

$

120,000

 

 

 

 

 

 

 

 

 

    

Nine Months Ended

    

Nine Months Ended

 

 

June 30, 2019

 

June 30, 2018

Stock Grants

 

$

215,000

 

$

209,000

Restricted Stock Grants

 

 

29,000

 

 

40,000

Option Grants

 

 

 —

 

 

17,000

Employee Stock Purchase Plan

 

 

3,000

 

 

2,000

Subsidiary Option Grants

 

 

32,000

 

 

83,000

Total

 

$

279,000

 

$

351,000

 

Schedule of Nonvested restricted stock units activity

A summary of restricted stock activity for the nine months ended June 30, 2019 is presented below:

 

 

 

 

 

 

 

Restricted Stock Activity for the Nine Months

    

 

    

Weighted-Average

ended June 30, 2019

 

Shares

 

Grant-Date Fair Value

Nonvested at September 30, 2018

 

60,000

 

$

1.61

 

 

 

 

 

 

Granted

 

 —

 

 

 —

Vested

 

(35,000)

 

 

1.68

Cancelled

 

 —

 

 

 —

Nonvested and expected to vest at June 30, 2019

 

25,000

 

$

1.50

 

Stock Option Grants [Member]  
Schedule of Stock option grants and Subsidiary stock option grants

During the nine months ended June 30, 2019, no Dynasil stock options were granted. A summary of stock option activity for the nine months ended June 30, 2019 is presented below:

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted Average

 

 

 

 

Weighted Average

 

Remain

 

 

Options

 

Exercise Price per

 

Contractual Term

 

 

Outstanding

 

Share

 

(in Years)

Balance at September 30, 2018

 

160,537

 

$

2.01

 

0.93

Outstanding and exercisable at September 30, 2018

 

160,537

 

$

2.01

 

0.93

Granted

 

 —

 

 

 —

 

  

Exercised

 

 —

 

 

 —

 

  

Cancelled

 

(64,935)

 

 

2.33

 

  

Balance at June 30, 2019

 

95,602

 

$

1.80

 

0.59

Outstanding and exercisable at June 30, 2019

 

95,602

 

$

1.80

 

0.59

 

Subsidiary option grants [Member]  
Schedule of Stock option grants and Subsidiary stock option grants

During the nine months ended June 30, 2019, no Xcede stock options were granted. A summary of Xcede stock option activity for the nine months ended June 30, 2019 is presented below:

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted Average

 

 

 

 

Weighted Average

 

Remain

 

 

Options

 

Exercise Price per

 

Contractual Term

 

 

Outstanding

 

Share

 

(in Years)

Balance at September 30, 2018

 

1,300,956

 

$

1.00

 

7.10

Outstanding and exercisable at September 30, 2018

 

1,229,685

 

 

1.00

 

7.11

Granted

 

 —

 

 

 —

 

  

Exercised

 

 —

 

 

 —

 

  

Cancelled

 

 —

 

 

 —

 

  

Balance at June 30, 2019

 

1,300,956

 

 

1.00

 

6.35

Outstanding and exercisable at June 30, 2019

 

1,283,768

 

$

1.00

 

6.35