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Note 17 - Stockholders' Equity
 3 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
1
7
. STOCKHOLDERS' EQUITY
 
Summary
 
The following table summarizes changes in the components of stockholders' equity during the
three
months ended
December 31, 2020
and the
three
months ended
December 31, 2019 (
amounts in thousands, except par value and share amounts):
 
 
   
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
Accumulated
   
 
 
 
   
 
 
 
  
 
 
 
  
Additional
    
 
 
 
  
Other
    
Total
  
   
Common Stock
    
Paid-in
    
Accumulated
   
Comprehensive
    
Stockholders'
  
   
Shares
    
Amount
    
Capital
    
Deficit
    
Loss
    
Equity
  
Balance at September 30, 2020
    
33,561,544
     $
336
     $
91,248
     $
(41,858
 )   $
(250
 )   $
49,140
  
Share-based compensation expense
    
-
      
-
      
182
      
-
      
-
      
182
  
Issuance of common stock upon exercise of stock options, net
    
25,899
      
-
      
54
      
-
      
-
      
54
  
Obligation to issue common stock
    
-
      
-
      
3,431
      
-
      
-
      
3,431
  
Other comprehensive loss
    
-
      
-
      
-
      
-
      
469
      
469
  
Net loss
    
-
      
-
      
-
      
(619
 )    
-
      
(619
 )
Balance at December 31, 2020
    
33,587,443
     $
336
     $
94,915
     $
(42,477
 )   $
219
     $
52,657
  
 
   
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
Accumulated
   
 
 
 
   
 
 
 
  
 
 
 
  
Additional
    
 
 
 
  
Other
    
Total
  
   
Common Stock
    
Paid-in
    
Accumulated
   
Comprehensive
    
Stockholders'
  
   
Shares
    
Amount
    
Capital
    
Deficit
    
Loss
    
Equity
  
Balance at September 30, 2019
    
32,949,987
     $
330
     $
89,572
     $
(53,732
 )   $
(459
 )   $
35,381
  
Share-based compensation expense
    
-
      
-
      
158
      
-
      
-
      
158
  
Issuance of common stock upon exercise of stock options, net
    
83,343
      
1
      
144
      
-
      
-
      
144
  
Other comprehensive loss
    
-
      
-
      
-
      
-
      
85
      
85
  
Net income
    
-
      
-
      
-
      
620
      
-
      
620
  
Balance at December 31, 2019
    
33,033,330
     $
331
     $
89,874
     $
(53,112
 )   $
(374
 )   $
36,388
  
 
Common Stock Activity
 
During the
three
months ended
December 31, 2020,
the Company issued
25,899
shares of common stock and received gross proceeds of
$54
in connection with the exercise of stock options. During the
three
months ended
December 31, 2019,
the Company issued
83,343
shares of common stock and received gross proceeds of
$144
in connection with the exercise of stock options.
 
In connection with the Amika Mobile asset purchase, the Company agreed to issue
191,267
shares of the Company's common stock to the former owners of Amika Mobile on each of the first,
second
and
third
anniversaries of the closing date. The total number of shares of common stock the Company is obligated to issue is
573,801.
The fair value of the Company's common stock on the closing date was
$5.98,
resulting in the addition of
$3,431
to additional paid-in-capital.
 
Share Buyback Program
 
In
December 2018,
the Board of Directors approved a new share buyback program beginning
January 1, 2019
and expiring on
December 31, 2020,
under which the Company was authorized to repurchase up to
$5
million of its outstanding common shares. In
December 2020,
the Board of Directors extended the buyback program until
December 31, 2022.
The previous program expired on
December 31, 2018.
 
During the
three
months ended
December 31, 2020
and
2019,
no
shares were repurchased by the Company.
 
Dividends
 
There were
no
dividends declared in the
three
months ended
December 31, 2020
and
2019.