Restricted Stock Plan (Tables)

6 Months Ended

Mar. 31, 2021

The following table summarizes the Company’s pre-tax compensation expense for the three and six months ended March 31, 2021 and 2020, related to the Company’s market-based, time-based and performance-based restricted stock:

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2021		2020		2021		2020
Market-based, restricted stock	$	79,118	$	200,761	$	89,365	$	274,903
Time-based, restricted stock		82,052		142,340		194,783		216,713
Performance-based, restricted stock		-		-		-		-
Total compensation expense	$	161,170	$	343,101	$	284,148	$	491,616

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:

	As of March 31, 2021
	Unrecognized Compensation Cost		Weighted Average Period (in years)
Market-based, restricted stock	$	804,745		2.67
Time-based, restricted stock		764,298		1.21
Performance-based, restricted stock		-
Total	$	1,569,043