Stock-Based Compensation (Tables)

6 Months Ended

Mar. 31, 2022

The following table summarizes stock option activity for the fiscal year ended September 30, 2021 and the six months ended March 31, 2022:


	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Intrinsic Value
Outstanding at September 30, 2020		119,168		$	15.76		2.71	$	—
Granted		7,500			40.92
Exercised		(28,668	)	11.25
Forfeited		(10,500	)	20.56
Outstanding at September 30, 2021		87,500		$	18.81		1.78	$	1,626
Exercisable at September 30, 2021		78,500		$	16.29		1.72	$	1,626

Outstanding at September 30, 2021		87,500		$	18.81		1.78	$	1,626
Granted		—		$	—
Exercised		—		$	—
Outstanding at March 31, 2022		87,500		$	18.81		1.28	$	2,193
Exercisable at March 31, 2022		82,500		$	17.53		1.23	$	2,144

The following table summarizes information about the Company’s non-vested shares outstanding as of March 31, 2022:


Non-vested Shares	Number of Shares			Average Grant-Date Fair Value
Non-vested at September 30, 2021		9,000		$	17.57
Granted		—		$	—
Vested		(4,000	)	$	20.74
Non-vested at March 31, 2022		5,000		$	15.04