Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.24.4
Stock-Based Compensation (Tables)
 12 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Stock Option Activity
The following table summarizes stock option activity for the years ended September 30, 2024 and 2023:
Number of
Options 		Weighted
Average
Exercise
Price		 Weighted
Average
Remaining
Contractual
Life		 Intrinsic
Value
Outstanding at September 30, 2022 87,500 $ 18.81  1.78 $ 1,626 
Granted 17,500 35.00   
Exercised (31,250) 14.64   
Forfeited (20,000) 32.25   
Outstanding at September 30, 2023 53,750 $ 21.51  1.54 $ 540 
Exercisable at September 30, 2023 53,750 $ 21.51  1.54 $ 540 
   
Outstanding at September 30, 2023 53,750 $ 21.51  1.54 $ 540 
Granted 17,500 40.00   
Exercised (6,250) 15.00   
Forfeited (5,000) 40.00   
Outstanding at September 30, 2024 60,000 $ 26.04  1.29 $ 130 
Exercisable at September 30, 2024 60,000 $ 26.04  1.29 $ 130 
Schedule of Exercise Price for Stock Options Outstanding and Exercisable
The exercise price for stock options outstanding and exercisable at September 30, 2024 is as follows:
Outstanding Exercisable
Number of
Options
Exercise
Price
Number of
Options
Exercise
Price
25,000 $ 10.00  25,000 $ 10.00 
17,500 35.00  17,500 35.00 
17,500 40.00  17,500 40.00 
60,000   60,000