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v3.24.4

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2024
Restricted Stock Units |
Share-Based Compensation |
Schedule of restricted stock units | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | Non-vested |  | Weighted Average
​ | ​ | Stock Awards | ​ | Share Price
Balance at September 30, 2022 |  | 32,897 | ​ | $ | 6.51
Granted |  | 133,554 | ​ |  | 8.00
Issued |  | (64,483) | ​ |  | 7.51
Cancelled |  | — | ​ |  | —
Balance at September 30, 2023 |  | 101,968 | ​ | $ | 7.84
Granted |  | 207,226 | ​ |  | 7.34
Issued |  | (55,611) | ​ |  | 7.63
Cancelled |  | (11,503) | ​ |  | 7.33
Balance at September 30, 2024 |  | 242,080 | ​ | $ | 7.49
2019 Plan |
Share-Based Compensation |
Schedule of option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted |  | ​ | ​
​ | ​ | ​ | ​ | Average | ​ | Aggregate
​ | ​ | ​ | ​ | Exercise | ​ | Intrinsic
​ | ​ | Options | ​ | Price | ​ | Value
Outstanding at September 30, 2022 |  | 57,584 | ​ | $ | 7.10 | ​ | $ | 88,104
Granted |  | 224,374 | ​ | ​ | 8.19 | ​ |  | —
Exercised |  | (57,584) | ​ | ​ | 7.10 | ​ |  | 28,792
Cancelled |  | — | ​ | ​ | — | ​ |  | —
Outstanding at September 30, 2023 | ​ | 224,374 | ​ | $ | 8.19 | ​ | $ | —
Granted | ​ | 161,613 | ​ | ​ | 7.70 | ​ |  | —
Exercised | ​ | — | ​ | ​ | — | ​ |  | —
Cancelled | ​ | (24,374) | ​ | ​ | 8.21 | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Outstanding at September 30, 2024 | ​ | 361,613 | ​ | $ | 7.97 | ​ | $ | —
Options exercisable at September 30, 2024 | ​ | 225,000 | ​ | $ | 8.18 | ​ | $ | —
Schedule of information about stock options | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Options Outstanding | ​ | Options Exercisable
​ | ​ | Outstanding | ​ | Weighted- | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of | ​ | Average | ​ | Weighted- | ​ | As of | ​ | Weighted-
Range of Exercise | ​ | September 30, | ​ | Remaining | ​ | Average | ​ | September 30, | ​ | Average
Prices |  | 2024 |  | Contractual Life |  | Exercise Price |  | 2024 |  | Exercise Price
$7.06 - $8.19 |  | 361,613 |  | 8.8 | ​ | $ | 7.97 |  | 225,000 | ​ | $ | 8.18
Schedule of fair value assumptions used to record stock option compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Fiscal Year Ended September 30, |
​ |  | 2024 |  | 2023 |  | 2022 |
Expected dividend rate | ​ | — |  | — |  | — | ​
Expected volatility | ​ | 52.5 | % | 55.1 | % | — | %
Weighted average risk-free interest rate | ​ | 4.3 | % | 3.7 | % | — | %
Expected lives (years) | ​ | 6.0 |  | 5.3 |  | — | ​

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