v3.26.1
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Mar. 31, 2026
SHARE-BASED COMPENSATION  
Schedule of unvested restricted stock awards

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Vesting (1/3 Annual)

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at March 31, 2026

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Grant Date

  ​ ​ ​

Shares Granted

  ​ ​ ​

Grant Price

  ​ ​ ​

Grant Value

  ​ ​ ​

Beginning

  ​ ​ ​

Ending

  ​ ​ ​

Unvested Shares

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Unvested Value

Award 1

2/15/2023

40,000

$

2.65

$

106,000

2/15/2024

2/15/2026

$

Award 2

 

1/17/2024

 

3,663

5.46

20,000

 

1/17/2025

 

1/17/2027

 

1,221

6,667

Award 3

 

6/20/2024

 

6,684

7.48

50,000

 

6/20/2025

 

6/20/2027

 

4,456

33,333

Award 4

 

8/21/2024

 

10,153

9.85

100,007

 

8/21/2025

 

8/21/2027

 

6,768

66,665

Award 5

 

8/21/2024

 

4,061

9.85

40,001

 

8/21/2025

 

8/21/2027

 

2,707

26,664

Award 6

 

1/15/2025

 

1,985

12.60

25,011

 

1/15/2026

 

1/15/2028

 

1,323

16,670

Award 7

1/15/2025

1,985

12.60

25,011

1/15/2026

1/15/2028

1,323

16,670

Award 8

11/18/2025

5,291

9.45

50,000

11/18/2026

11/18/2028

5,291

50,000

Award 9

12/17/2025

2,980

8.39

25,002

12/17/2026

12/17/2028

2,980

25,002

Award 10

 

12/17/2025

 

2,980

8.39

25,002

 

12/17/2026

 

12/17/2028

 

2,980

25,002

Award 11

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

Award 12

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

Award 13

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

 

88,125

$

541,037

37,392

$

341,676

Weighted average grant-date fair value

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$

6.14

 

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Vesting (1/3 Annual)

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at March 31, 2026

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Grant Date

  ​ ​ ​

Shares Granted

  ​ ​ ​

Grant Price

  ​ ​ ​

Grant Value

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Beginning

  ​ ​ ​

Ending

  ​ ​ ​

Unvested Shares

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Unvested Value

Douglas Reynolds

2/15/2023

40,000

$

2.65

$

106,000

2/15/2024

2/15/2026

$

Charles Crimmel

 

1/17/2024

 

3,663

5.46

20,000

 

1/17/2025

 

1/17/2027

 

1,221

6,667

Douglas Reynolds

8/21/2024

4,061

9.85

40,001

8/21/2025

8/21/2027

2,707

26,664

Charles Crimmel

 

1/15/2025

 

1,985

12.60

25,011

 

1/15/2026

 

1/15/2028

 

1,323

16,670

Charles Crimmel

 

1/21/2026

 

2,781

8.99

25,001

 

1/21/2027

 

1/21/2029

 

2,781

25,001

 

52,490

 

$

216,013

8,032

 

75,002

Weighted average grant-date fair value

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$

4.12

 

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Schedule of total unvested restricted stock awards and grant amounts that will vest in future periods

The table below represents the total unvested restricted stock awards and grant amounts that will vest in future periods at March 31, 2026:

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Grant Vesting

  ​ ​ ​

Grant Amount

April 2026-March 2027

16,044

$

145,037

April 2027-March 2028

14,818

138,318

April 2028-March 2029

 

6,530

 

58,321

 

37,392

$

341,676

Schedule of unrecognized compensation expense for unvested restricted stock awards

The table below represents the total unrecognized compensation expense for unvested restricted stock awards to be expensed in future periods at March 31, 2026:

April 2026-March 2027

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$

143,067

April 2027-March 2028

93,405

April 2028-March 2029

 

42,015

$

243,671