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STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Sep. 30, 2019
STOCK OPTIONS AND WARRANTS  
Schedule of transactions involving warrants

 

 

 

 

 

 

 

 

    

 

    

Weighted Average 

 

 

Number of 

 

Exercise Price Per

 

    

Shares

    

Share

Balance at October 1, 2018

 

305,217

 

$

129.60

Granted

 

258,502

 

 

18.36

Exercised

 

(199,127)

 

 

(18.42)

Cancelled or expired

 

(101,000)

 

 

(87.70)

Balance, September 30, 2019

 

263,592

 

$

131.12

 

Schedule of summary of transactions involving stock options issued to employees

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

    

Weighted

 

 

 

 

Weighted Average

 

Aggregate

 

Average

 

 

Number of

 

Exercise Price Per

 

Intrinsic

 

Contractual

 

    

Shares

    

Share

    

Value

    

Life (years)

Outstanding at October 1, 2018

 

154,676

 

$

125.16

 

 

  

 

  

Granted

 

86,349

 

 

100.65

 

 

  

 

  

Exercised

 

 —

 

 

 —

 

 

  

 

  

Cancelled or expired

 

(41,630)

 

 

195.96

 

 

  

 

  

Outstanding at September 30, 2019

 

199,395

 

$

99.68

 

 

  

 

  

Vested at September 30, 2019

 

162,112

 

 

116.50

 

$

 —

 

6.18

Non-vested at September 30, 2019

 

37,283

 

 

27.01

 

$

 —

 

9.48

 

Schedule of fair value of options granted

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

Stock price

 

$

32.82

 

$

52.40

 

Exercise price

 

$

100.65

 

$

80.00

 

Expected term

 

 

4.40

 

 

4.42

 

Dividend yield

 

 

 —

 

 

 —

 

Volatility

 

 

89

%  

 

86

%

Risk free rate

 

 

2.43

%  

 

2.70

%