Stock-Based Compensation (Tables)

9 Months Ended

Jun. 30, 2023

The following table summarizes stock option activity for the fiscal year ended September 30, 2022 and the nine months ended June 30, 2023:


	Number of Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Intrinsic Value
Outstanding at September 30, 2021	87,500	$	18.81	1.78	$	1,626
Outstanding at September 30, 2022	87,500	$	18.81	0.78	$	771
Exercisable at September 30, 2022	87,500	$	18.81	0.78	$	771

Outstanding at September 30, 2022	87,500	$	18.81	0.78	$	771
Granted	17,500	$	35.00
Exercised	(31,250)	$	14.64
Outstanding at June 30, 2023	73,750	$	24.42	1.38	$	762
Exercisable at June 30, 2023	73,750	$	24.42	1.38	$	762

The following table presents the number and weighted average fair value ("WAFV") of unvested restricted stock awards:


	Series A Restricted Stock Awards	WAFV
Outstanding at September 30, 2022	—	$	—
Granted	27,307	$	36.62
Vested	—	$	—
Canceled	—	$	—
Non-vested at June 30, 2023	27,307	$	36.62