11. STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Option Summary

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

	Number of Option Shares			Weighted Average Exercise Price ($)
Balance, September 30, 2021		1,547,029			18.35
Options granted		197,250			15.29
Options expired		-			-
Options canceled/forfeited		(157,885	)		18.59
Options exercised		(99,230	)		7.39
Balance, March 31, 2022		1,487,164		18.69

Fair Value Option, Disclosures

The Black-Scholes model utilized the following inputs to value the options granted during the six months ended March 31, 2022:

Fair value assumptions Options:	March 31, 2022
Risk free interest rate	0.10% - 2.55%
Expected term (years)	1.50 - 6.02
Expected volatility	140% - 533%
Expected dividends		0	%

Schedule of Restricted Stock Summary

The following table summarizes the performance-based restricted stock units at the maximum award amounts based upon the respective performance share agreements. Actual shares that will vest depend on the attainment of the performance-based criteria.

	Number of Shares			Weighted Average Fair Value Per Share		Aggregate Intrinsic Value
Outstanding at September 30, 2021		10,995		$	11.59	$	84,839
Granted		1,106,250			14.68		13,684,313
Vested		(77,885	)		20.15		1,569,280
Forfeited		(40,759	)		20.48		458,729
Outstanding at March 31, 2022		998,601		$	14.15	$	12,352,694