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Leases (Tables)
3 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Maturities of Operating Lease Liabilities

Maturities of the operating lease liabilities as of December 31, 2021 were as follows: (in thousands):

 

For fiscal years ending September 30,

 

 

 

2022 (remainder)

 

$

193

 

2023

 

 

270

 

2024

 

 

278

 

2025

 

 

186

 

2026

 

 

130

 

Thereafter

 

 

225

 

Future minimum lease payments

 

 

1,282

 

Less interest

 

 

(107

)

Present value of minimum lease payments

 

 

1,175

 

Less current portion

 

 

(150

)

Long-term portion

 

$

1,025

 

Summary of Lease Costs

Lease costs recognized in the consolidated statements of operations for the three months ended December 31, 2021 and 2020 were as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

December 31, 2021

 

 

December 31, 2020

 

Right-of-use operating lease costs

 

$

68

 

 

$

38

 

Short-term lease costs

 

 

44

 

 

 

74

 

Total

 

$

112

 

 

$

112

 

Summary of Other Information Related to Operating Leases

 

 

Three Months Ended

 

 

December 31, 2021

 

 

December 31, 2020

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

   Operating cash flows from operating leases

$

70

 

 

$

42

 

 

 

 

 

 

 

Weighted average remaining lease term

5.3 years

 

 

1.3 years

 

Weighted average discount rate

 

3.25

%

 

 

5.00

%

 

Rental Equipment

Rental equipment consisted of the following (in thousands):

 

 

 

December 31, 2021

 

 

September 30, 2021

 

Rental equipment, primarily wireless recording equipment

 

$

94,194

 

 

$

95,827

 

Accumulated depreciation and impairment

 

 

(58,379

)

 

 

(56,922

)

 

 

$

35,815

 

 

$

38,905

 

Future Minimum Lease Payment

Future minimum lease payment due to the Company as of December 31, 2021 on these two leases were as follows (in thousands):

 

For fiscal years ending September 30,

 

 

 

2022 (remainder)

 

$

147

 

2023

 

 

136

 

2024

 

 

128

 

2025

 

 

131

 

2026

 

 

132

 

Thereafter

 

 

11

 

 

 

$

685