Annual report pursuant to Section 13 and 15(d)

Note 2 - Shareholders' Equity (Tables)

v3.20.2
Note 2 - Shareholders' Equity (Tables)
12 Months Ended
Sep. 30, 2020
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    Year ended September 30, 2020   Year ended September 30, 2019
Dividend yield    
 
0
 
%    
0
%
Weighted average expected volatility    
39.5
44.9
%    
37.77
%
Weighted average risk-free interest rate    
0.24
1.69
%    
2.92
%
Weighted average expected life (in years)    
4
6
     
3.0
 
Vesting period (in years)    
3
5
     
3.0
 
Share-based Payment Arrangement, Option, Activity [Table Text Block]
      Number of shares       Weighted average exercise price       Weighted average fair value  
Outstanding as of September 30, 2018    
138,500
    $
10.99
     
 
 
Granted    
172,000
     
12.17
    $
3.53
 
Cancelled or Forfeited    
(12,000
)    
12.17
     
 
 
Exercised    
(7,750
)    
2.58
     
 
 
Outstanding as of September 30, 2019    
290,750
     
11.86
     
 
 
Granted    
121,350
     
12.43
    $
4.62
 
Cancelled or Forfeited    
(48,250
)    
13.35
     
 
 
Exercised    
(26,750
)    
4.01
     
 
 
Outstanding as of September 30, 2020    
337,100
    $
12.48
     
 
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable [Table Text Block]
Year ended   Exercisable   Weighted average remaining contractual life (in years)   Weighted average exercise price
September 30, 2020    
97,333
     
2.19
    $
12.76
 
September 30, 2019    
58,750
     
2.40
    $
9.19
 
Share-based Compensation Arrangements by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]
Year Ended     Number outstanding       Weighted average remaining contractual life (in years)       Weighted average exercise price       Aggregate intrinsic value  
September 30, 2020    
337,100
     
3.43
    $
12.48
    $
720,831
 
September 30, 2019    
290,750
     
3.04
    $
11.86
    $
156,173
 
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
      Number of shares       Weighted average grant date fair value  
Unvested shares as of September 30, 2018    
248,613
    $
14.65
 
Granted    
4,340
     
14.40
 
Vested    
(110,683
)    
16.31
 
Forfeited    
(11,830
)    
14.47
 
Unvested shares as of September 30, 2019    
130,440
     
13.25
 
Granted    
19,455
     
10.30
 
Vested    
(29,950
)    
13.36
 
Forfeited    
(10,875
)    
12.14
 
Unvested shares as of September 30, 2020    
109,070
    $
12.98