Restricted Stock Plan (Tables)

6 Months Ended

Mar. 31, 2022

The following table summarizes the Company’s pre-tax compensation expense for the three and six months ended March 31, 2022 and 2021 related to the Company’s market-based, time-based and performance-based restricted stock:

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2022		2021		2022		2021
Market-based, restricted stock	$	313,872	$	79,118	$	391,354	$	89,365
Time-based, restricted stock		119,265		82,052		297,627		194,783
Performance-based, restricted stock		-		-		-		-
Total compensation expense	$	433,137	$	161,170	$	688,981	$	284,148

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 is shown in the following table:

	As of March 31, 2022
	Unrecognized Compensation Cost		Weighted Average Period (in years)
Market-based, restricted stock	$	1,934,912		1.71
Time-based, restricted stock		815,269		1.54
Performance-based, restricted stock		-
Total	$	2,750,181