Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION, OPTIONS AND WARRANTS (Tables)

v3.21.4
STOCK-BASED COMPENSATION, OPTIONS AND WARRANTS (Tables)
12 Months Ended
Sep. 30, 2021
STOCK-BASED COMPENSATION, OPTIONS AND WARRANTS  
Summary of stock option activity

A summary of stock option activity for the year ended September 30, 2021, is presented below:

Remaining 

    

Shares Underlying 

Weighted Average 

Contractual  

Grant-Date 

    

Options

    

Exercise Price

    

Term (Years)

    

Fair Value

Outstanding at October 1, 2020

$

Granted

250,000

$

10

1

$

1,085,386

Exercised

$

 

Forfeited

$

 

Outstanding at September 30, 2021

250,000

$

10

0.5

$

1,085,386

Exercisable at September 30, 2021

100,000

$

10

0.5

$

Summary of change in outstanding warrants

Weighted Average 

Remaining 

Shares Underlying

Weighted Average 

Contractual  

    

Options/Warrants

    

Exercise Price 

    

Term (Years)

Outstanding at October 1, 2020

 

74,784

$

5

 

  

Issued

 

5,091,540

$

3.03

 

5

Exercised

 

(391,682)

$

4.39

 

Forfeited

 

$

 

Outstanding at September 30, 2021

 

4,774,642

$

2.87

 

4.7

Exercisable at September 30, 2021

 

4,774,642

$

2.87

 

4.7