STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Sep. 30, 2020

STOCK-BASED COMPENSATION

Schedule of weighted-average assumptions used to compute the fair value of the options granted

The weighted-average assumptions used to compute the fair value of options granted for the fiscal years ended September 30, 2020 and 2019 were as follows:

	2020		2019
Risk-free interest rate	1.36	%	2.47	%
Dividend yield	0.00	%	0.00	%
Volatility of the expected market price of the Company’s common shares	76.56	%	72.14	%
Expected life of the options (years)	5.95		5.95

Schedule of stock option activity

A summary of our stock option activity for all options and related information for the year ended September 30, 2020, is as follows (in thousands except for share prices):

				Weighted-
		Weighted-		Average
		Average		Remaining	Aggregate
	Options	Exercise		Contractual	Intrinsic
	(shares)	Price		Life	Value
Outstanding - October 1, 2019	776	$	1.61	7.98	$	1,536
Exercised	(154)	$	1.56
Granted	152	$	4.56
Forfeited	(62)	$	2.05
Outstanding - September 30, 2020	712	$	2.21	7.59	$	1,939
Exercisable at September 30, 2020	281	$	1.64	6.38	$	922

Schedule of restricted share activity

			Weighted-
			Average Grant
	Restricted Shares		Date Fair Value
Outstanding - September 30, 2019	20	$	2.0
Granted	126	$	4.2
Unvested shares forfeited	(18)	$	4.0
Outstanding - September 30, 2020	128	$	3.9