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Basic And Diluted Earnings (Loss) Per Common Share ("EPS") (Tables)
9 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Summary of Reconciliation of Components of Basic and Diluted EPS

The following table presents a reconciliation of the components of basic and diluted EPS.

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss)

$

(1,356,594

)

 

$

(3,555,215

)

 

$

(2,453,037

)

 

$

(22,117,915

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

28,309,258

 

 

 

16,545,042

 

 

 

24,482,639

 

 

 

16,528,236

 

Basic EPS

$

(0.05

)

 

$

(0.21

)

 

$

(0.10

)

 

$

(1.34

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss)

$

(1,356,594

)

 

$

(3,555,215

)

 

$

(2,453,037

)

 

$

(22,117,915

)

Diluted net income (loss)

 

(1,356,594

)

 

 

(3,555,215

)

 

 

(2,453,037

)

 

 

(22,117,915

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

28,309,258

 

 

 

16,545,042

 

 

 

24,482,639

 

 

 

16,528,236

 

Effects of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Diluted weighted average shares outstanding

 

28,309,258

 

 

 

16,545,042

 

 

 

24,482,639

 

 

 

16,528,236

 

Diluted EPS

$

(0.05

)

 

$

(0.21

)

 

$

(0.10

)

 

$

(1.34

)