11. STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Option Summary

The following is a summary of stock option activity during the nine months ended June 30, 2022:

	Number of Option Shares			Weighted Average Exercise Price ($)
Balance, September 30, 2021		1,547,029			18.35
Options granted		197,750			15.27
Options expired		-			-
Options canceled/forfeited		(238,418	)		15.40
Options exercised		(105,520	)		7.43
Balance, June 30, 2022		1,400,841		19.28

Fair Value Option, Disclosures

The Black-Scholes model utilized the following inputs to value the options granted during the nine months ended June 30, 2022:

Fair value assumptions Options:	June 30, 2022
Risk free interest rate	0.10% - 2.93%
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		4,336,500
Vested		(133,094	)		20.31		2,703,336
Forfeited		(40,759	)		20.48		145,369
Outstanding at June 30, 2022		943,392		$	13.75	$	3,698,097