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10. STOCK WARRANTS
 6 Months Ended
Mar. 31, 2022
Stock Warrants  
STOCK WARRANTS
10.
STOCK WARRANTS

The following is a summary of stock warrant activity during the six months ended March 31, 2022:

 

 

 

Number of
Warrant
Shares

 

 

Weighted
Average
Exercise
Price ($)

 

Balance, September 30, 2021

 

 

615,704

 

 

$

30.72

 

Warrants granted

 

 

—

 

 

 

—

 

Warrants expired

 

 

(183,334

)

 

40.91

 

Warrants canceled

 

 

—

 

 

 

—

 

Warrants exercised

 

 

—

 

 

 

—

 

Balance, March 31, 2022

 

 

432,370

 

 

26.39

 

 

 

As of March 31, 2022, there are warrants exercisable to purchase 432,370 shares of common stock in the Company and there are no warrants that are unvested. As of March 31, 2022, the outstanding warrants have a weighted average remaining term of 1.62 years and an intrinsic value of $467,940.

During the three and six months ended March 31, 2022, there were no exercise of warrants.