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STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Sep. 30, 2020
STOCK OPTIONS AND WARRANTS  
Schedule of transactions involving warrants

 

 

 

 

 

 

 

 

    

 

    

Weighted Average 

 

 

Number of 

 

Exercise Price Per

 

    

Shares

    

Share

Balance at October 1, 2019

 

263,592

 

$

131.12

Granted

 

2,636,125

 

 

5.25

Exercised

 

(1,649,786)

 

 

(5.25)

Cancelled or expired

 

(211,012)

 

 

(135.01)

Balance, September 30, 2020

 

1,038,919

 

$

10.83

 

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, 2019

 

199,395

 

$

99.68

 

 

  

 

  

Granted

 

155,395

 

 

8.45

 

 

  

 

  

Exercised

 

 —

 

 

 —

 

 

  

 

  

Cancelled or expired

 

(63,755)

 

 

42.08

 

 

  

 

  

Outstanding at September 30, 2020

 

291,035

 

$

63.25

 

 

  

 

  

Vested at September 30, 2020

 

200,407

 

$

87.22

 

$

 —

 

6.67

Non-vested at September 30, 2020

 

90,628

 

$

10.25

 

$

 —

 

9.61

 

Schedule of fair value of options granted

 

 

 

 

 

 

 

 

 

 

    

2020

    

2019

 

Stock price

 

$

8.40

 

$

32.82

 

Exercise price

 

$

8.45

 

$

100.65

 

Expected term

 

 

6.85

 

 

4.40

 

Dividend yield

 

 

 —

 

 

 —

 

Volatility

 

 

136

%  

 

89

%

Risk free rate

 

 

0.86

%  

 

2.43

%