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WARRANTS
6 Months Ended
Mar. 31, 2020
WARRANTS  
WARRANTS

NOTE G —WARRANTS

Warrants

The following table summarizes the changes in warrants outstanding. These warrants were granted in lieu of cash compensation for services performed or as financing expenses in connection with the sales of the Company’s Common Stock.

Transactions involving warrants (see Note F) are summarized as follows:

 

 

 

 

 

 

 

 

 

 

Weighted  

 

 

 

 

Average  

 

 

 

 

Exercise  

 

 

Number of  

 

Price Per  

 

    

Shares

    

Share

Balance at October 1, 2019

 

263,592

 

$

131.12

Granted

 

2,636,125

 

 

5.25

Exercised

 

(566,950)

 

 

5.25

Cancelled or expired

 

(211,012)

 

 

135.01

Balance at March 31, 2020

 

2,121,755

 

$

7.98