Stock-Based Compensation (Tables)

3 Months Ended

Dec. 31, 2019

The following table summarizes stock option activity for the twelve months ended September 30, 2019 and the three months ended December 31, 2019:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Intrinsic Value
Outstanding at September 30, 2018		231,668		$	14.84		3.04	$	163
Forfeited		(31,250	)
Outstanding at September 30, 2019		200,418		$	16.37		2.40	$	27
Exercisable at September 30, 2019		164,084		$	13.92		1.44	$	27

Outstanding at December 31, 2019		200,418		$	16.37		2.20	$	12
Exercisable at December 31, 2019		172,251		$	13.40		1.28	$	12

The exercise price for stock options outstanding and exercisable outstanding at December 31, 2019 is as follows:

The following table summarizes information about the Company’s non-vested shares outstanding as of December 31, 2019 and September 30, 2019:

Non-vested Shares	Number of Shares			Average Grant-Date Fair Value
Non-vested at September 30, 2019		36,334		$	26.76
Vested		(8,167	)	$	12.79
Non-vested at December 31, 2019		28,167		$	32.91