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Share-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Fair Value Stock Option Weighted Average Assumptions

The following weighted-average assumptions were used to estimate the fair value of the common stock option liability at September 30, 2019;

 

    September 30, 2019  
Expected term   5 Years  
Risk-free interest rate     1.56%  
Expected volatility     94.74%  
Expected dividend yield     0%  

Schedule of Stock Options Activity

As of September 30, 2019, there was $405,094 of total unrecognized compensation cost related to non-vested stock options, which is expected to be recognized over a weighted-average period of 5 years.

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (in years)     Aggregate Intrinsic Value  
Outstanding at September 30, 2017     54,687     $ 22.96                  
Options granted     25,000     $ 21.12                  
Options exercised     (576 )   $ 14.40             $ 16.08  
Options forfeited     -       -                  
Outstanding at September 30, 2018     79,111     $ 22.40       4.09     $ -  
Options granted     1,050,000                          
Options exercised     -                          
Options forfeited     (4,111 )                        
Options cancelled     (75,000 )                        
Outstanding at September 30, 2019     1,050,000                     $ -  
Exercisable at September 30, 2018     600,000     $ 1.90       6.99     $ -