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Stock Based Incentive Compensation (Tables)
12 Months Ended
Sep. 30, 2022
Employee Stock Purchase Plan  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes stock-based compensation expense in the Company’s consolidated statements of operations:

Years Ended

September 30, 

September 30, 

    

2022

    

2021

(Amounts in thousands)

Cost of sales

$

$

5

Engineering and development

 

56

 

38

Selling, general and administrative

 

923

 

938

Total

$

979

$

981

Share-based Compensation, Stock Options, Activity

The following tables provide summary data of stock option award activity:

Weighted

Weighted

Average

Aggregate

average

Remaining

Intrinsic

Number

exercise

Contractual

Value

    

of Options

    

price

    

Term

    

(in thousands)

Outstanding at September 30, 2020

 

1,000

$

3.64

 

 

Granted

 

 

 

 

Expired

 

(500)

3.85

 

 

Forfeited

 

 

 

 

Exercised

 

 

 

 

Outstanding at September 30, 2021

 

500

$

3.43

 

 

Granted

 

 

 

 

Expired

 

(500)

3.43

 

 

Forfeited

 

 

 

 

Exercised

 

 

 

Outstanding at September 30, 2022

 

$

 

Schedule of Nonvested Share Activity

The following table provides summary data of nonvested stock award activity:

Weighted

Weighted

Average

Average

Aggregate

Number of 

grant date

Remaining

Intrinsic

nonvested

Fair

Contractual

Value

    

shares

    

Value

    

Term

    

(in thousands)

Nonvested shares outstanding at September 30, 2020

 

202,742

$

11.82

 

2.21 Years

$

1,750

Activity in fiscal year 2021:

Granted

 

103,465

$

8.60

 

 

Vested

 

(90,395)

$

11.79

 

 

Forfeited

 

(18,750)

$

10.37

 

 

Nonvested shares outstanding at September 30, 2021

 

197,063

$

10.28

 

2.15 Years

$

1,760

Activity in fiscal year 2022:

 

  

 

  

 

  

 

  

Granted

 

152,246

$

8.53

 

 

Vested

 

(87,957)

$

10.57

 

 

Forfeited

 

(1,564)

$

13.24

 

 

Nonvested shares outstanding at September 30, 2022

 

259,788

$

9.14

 

2.38 Years

$

1,868