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10. STOCK WARRANTS
 9 Months Ended
Jun. 30, 2023
Stock Warrants  
STOCK WARRANTS
10.
STOCK WARRANTS

The following is a summary of stock warrant activity during the nine months ended June 30, 2023.

 

Number of
Warrant
Shares

 

 

Weighted
Average
Exercise
Price ($)

 

Balance, September 30, 2022

 

 

202,220

 

 

$

13.03

 

Warrants granted

 

 

—

 

 

 

—

 

Warrants expired

 

 

(11,660

)

 

 

8.00

 

Warrants canceled

 

 

—

 

 

 

—

 

Warrants exercised

 

 

—

 

 

 

—

 

Balance, June 30, 2023

 

 

190,560

 

 

$

13.34

 

As of June 30, 2023, there were warrants exercisable to purchase 190,560 shares of common stock in the Company and there were no warrants that were unvested. These warrants have a weighted average exercise price of $13.34. During the nine months ended June 30, 2023, there were no exercise of warrants.

As of June 30, 2023, the outstanding warrants have a weighted average remaining term of 2.34 years and an intrinsic value of $5.