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STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Sep. 30, 2021
STOCK OPTIONS AND WARRANTS  
Schedule of transactions involving warrants

    

    

Weighted Average 

Number of 

Exercise Price Per

    

Shares

    

Share

Balance at October 1, 2020

 

1,038,919

$

10.83

Granted

 

259,000

 

7.14

Exercised

 

(520,151)

 

(5.25)

Cancelled or expired

 

(32,500)

 

(171.56)

Balance, September 30, 2021

 

745,268

$

6.44

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, 2020

 

320,990

$

57.75

 

  

 

  

Granted

 

203,405

 

6.15

 

  

 

  

Exercised

 

30,955

4.39

 

  

 

  

Cancelled or expired

 

6,063

5.01

 

  

 

  

Outstanding at September 30, 2021

 

487,377

40.26

 

  

 

  

Vested at September 30, 2021

 

478,627

40.90

 

7.54

Non-vested at September 30, 2021

 

8,750

5.46

8.71

Schedule of fair value of options granted

    

2021

    

2020

 

Stock price

$

6.43

$

8.40

Exercise price

$

6.43

$

8.45

Expected term

5.10

 

6.85

Dividend yield

 

 

Volatility

 

141

%  

 

136

%

Risk free rate

 

0.47

%  

 

0.86

%