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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
A summary of our stock option activity for the six months ended March 31, 2019 is as follows (in thousands except for share prices):
 
 
 
Options
(shares)
 
 
Weighted-
Average
Exercise
Price
 
 
Weighted-
Average
Grant Date
Fair Value
 
 
 
 
 
 
 
 
 
 
 
Outstanding – September 30, 2018
 
 
301
 
 
$
1.73
 
 
$
1.38
 
Exercised
 
 
(1
)
 
$
1.40
 
 
$
1.15
 
Granted
 
 
403
 
 
$
1.41
 
 
$
1.04
 
Forfeited
 
 
(4
)
 
$
1.74
 
 
$
1.38
 
Outstanding - March 31, 2019
 
 
699
 
 
$
1.55
 
 
$
1.18
 
 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-average assumptions used to compute the fair value of the options granted in the six months ended March 31, 2019 were as follows:
 
Risk-free interest rate
 
 
2.58
%
Dividend yield
 
 
0.00
%
Volatility of the expected market price of the Company's common shares
 
 
72.0
%-
72.5
%
Expected life of the options (years)
 
 
8.0
 
 
 
Schedule of Restricted Share, Stock Options, Activity
A summary of our restricted share activity for the six months ended March 31, 2019 is as follows:
 
 
 
Restricted Shares
 
 
 
 
 
 
Outstanding – September 30, 2018
 
 
-
 
     Granted
 
 
45
 
     Vested
 
 
(35
)
     Forfeited
 
 
-
 
Outstanding - March 31, 2019
 
 
10