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Stock-Based Compensation
 6 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Plan Information
The 2015 Incentive Stock Plan (the “Plan”) provides for awards of stock options and restricted stock to officers, directors, key employees and consultants. At March 31, 2021, 2,100,415 shares of common stock were reserved for stock award grants under the Plan.  Of these reserved shares, 450,636 shares were available for future grants.
Stock Options
A summary of the status of the Company's stock options at March 31, 2021 and changes during the three months then ended is presented below:
Wtd. Avg.
Ex. Price 		SharesAggregate Intrinsic
Value
Outstanding at September 30, 2020$1.55 100,000 $37 
Exercised1.81 (49,000)49 
Outstanding at March 31, 2021$1.29 51,000 $67 
Exercisable at March 31, 2021$1.30 34,334 $45 
Restricted stock awards
A summary of the Company's non-vested restricted share awards (RSA) at March 31, 2021 and changes during the quarter ended March 31, 2021 is presented in the following table (in thousands, except shares):
SharesFair Value
Non-vested at December 31, 2020715,256 $1,058 
Granted40,000 742 
Vested (162,200)(455)
Forfeited(50,000)(125)
Non-vested at March 31, 2021543,056 $1,220 
During the three month period ended March 31, 2021 and 2020, expenses related to share-based arrangements including restricted stock and stock option awards, were $0.2 million and $0.1 million, respectively.
During the six month period ended March 31, 2021 and 2020, compensation expenses related to share-based arrangements including restricted stock and stock option awards, were $0.6 million and $0.1 million respectively.
The Company did not recognize a tax benefit for compensation expense recognized during the three and six month period ended March 31, 2021 and 2020.
At March 31, 2021, unrecognized compensation expense related to non-vested share-based compensation awards not yet recognized in the consolidated statements of operations was $0.9 million. That cost is expected to be recognized over a period of 2.75 years.