Restricted Stock Plan and Long Term Incentive Plan (Tables)

12 Months Ended

Sep. 30, 2022

Restricted Stock Plan [Abstract]

Summary Of Pre-Tax Compensation Expense

The following table summarizes the Company’s pre-tax compensation expense for the years ended September 30, 2022, 2021. and 2020, related to the Company’s market-based, time-based and performance-based restricted stock:

	Year Ended September 30,
	2022		2021		2020
Market-based, restricted stock	$	1,018,136	$	247,601	$	295,397
Time-based, restricted stock	$	730,303	$	553,599		448,500
Performance-based, restricted stock		463,234		-		-
Total compensation expense	$	2,211,673	$	801,200	$	743,897

Summary Of Unrecognized Compensation Cost

A summary of the Company’s unrecognized compensation cost for its unvested market-based, time-based and performance-based restricted stock and the weighted-average periods over which the compensation cost is expected to be recognized are shown in the following table:

	Unrecognized Compensation Cost		Weighted Average Period (in years)
Market-based, restricted stock	$	1,308,130		1.30
Time-based, restricted stock		433,434		1.43
Performance-based, restricted stock		6,376		0.20
Total	$	1,747,940

Summary Of Status And Changes In Unvested Shares Of Restricted Stock Awards

A summary of the status of, and changes in, unvested shares of restricted stock awards is presented below:

	Market-Based Unvested Restricted Awards			Weighted Average Grant-Date Fair Value		Time-Based Unvested Restricted Awards			Weighted Average Grant-Date Fair Value		Performance-Based Unvested Restricted Awards			Weighted Average Grant-Date Fair Value
Unvested shares as of September 30,    2019		46,670		$	10.21		18,707		$	17.54		-		$	-
Granted		39,579			8.83		102,154			9.21		39,579			9.04
Vested		-			-		(20,410	)		13.35		-			-
Forfeited		(24,779	)		11.34		(9,929	)		13.93		(4,765	)		9.35
Unvested shares as of September 30,    2020		61,470		$	8.87		90,522		$	9.49		34,814		$	8.99
Granted		303,750			2.72		125,000			3.17		-			-
Vested		-			-		(9,860	)		14.08		-			-
Forfeited		(9,071	)		11.34		(2,562	)		13.00		-			-
Unvested shares as of September 30,    2021		356,149		$	3.56		203,100		$	5.33		34,814		$	8.99
Granted		402,086			4.18		284,999			2.81		-			-
Vested		-			-		(127,386	)		3.41		-			-
Forfeited		(17,585	)		8.16		(6,855	)		6.92		-			-
Unvested shares as of September 30,    2022		740,650			3.79		353,858			3.97		34,814			8.99