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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Sep. 30, 2021
STOCK-BASED COMPENSATION  
Schedule of weighted-average assumptions used to compute the fair value of the options granted

2021

2020

Risk-free interest rate

    

0.93

%  

1.36

%  

Dividend yield

 

%  

%  

Volatility of the expected market price of the Company’s common shares

 

70.30

%  

76.56

%  

Expected life of the options (years)

 

5.95

5.95

Schedule of stock option activity

A summary of the Company’s stock option activity for all options and related information for the year ended September 30, 2021, 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, 2020

 

712

$

2.21

7.59

$

1,939

Granted

 

337

$

22.55

Exercised

 

(134)

$

1.83

Forfeited

 

(74)

$

9.98

Expired

(9)

$

1.98

Outstanding - September 30, 2021

 

831

$

9.82

7.80

$

17,058

Exercisable at September 30, 2021

 

356

$

2.00

6.29

$

10,075

Schedule of restricted share activity

    

Weighted-

Average 

    

Restricted

Grant Date 

Shares

Fair Value

Outstanding – September 30, 2020

 

128

$

3.88

Granted

 

150

$

10.50

Vested

(20)

$

1.99

Forfeited

 

(21)

$

6.80

Outstanding – September 30, 2021

 

237

$

7.96