STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Dec. 31, 2020

STOCK-BASED COMPENSATION

Schedule of stock option activity

A summary of our stock option activity for the three months ended December 31, 2020 is as follows (in thousands except for share prices):

		Weighted-
		Average
	Options	Exercise
	(shares)	Price
Outstanding - October 1, 2020	712	$	2.21
Granted	22	$	5.19
Exercised	(23)	$	1.90
Forfeited	(5)	$	3.41
Expired	(1)	$	1.78
Outstanding - December 31, 2020	704	$	2.31
Exercisable at December 31, 2020	318	$	1.75

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 the options granted in the three months ended December 31, 2020 were as follows:

Risk-free interest rate	0.41	%
Dividend yield	0.00	%
Volatility of the expected market price of the Company's common shares	76.56	%
Expected life of the options (years)	5.95

Schedule of restricted share activity

A summary of our restricted share activity for the three months ended December 31, 2020 is as follows:

		Weighted-
		Average
	Restricted	Grant Date
	Shares	Fair Value
Outstanding – September 30, 2020	128	$	3.88
Granted	117	$	7.86
Forfeited	—		—
Outstanding – December 31, 2020	245	$	5.77