Restricted Stock Plan (Tables)

9 Months Ended

Jun. 30, 2022

The following table summarizes the Company’s pre-tax compensation expense for the three and nine months ended June 30, 2022 and 2021 related to the Company’s market-based, time-based and performance-based restricted stock:

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Market-based, restricted stock	$	313,728	$	79,118	$	705,082	$	168,483
Time-based, restricted stock		216,338		179,408		513,965		374,191
Performance-based, restricted stock		-		-		-		-
Total compensation expense	$	530,066	$	258,526	$	1,219,047	$	542,674

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 June 30, 2022
	Unrecognized Compensation Cost		Weighted Average Period (in years)
Market-based, restricted stock	$	1,621,184		1.50
Time-based, restricted stock		649,773		1.37
Performance-based, restricted stock		-
Total	$	2,270,957