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Leases (Tables)
9 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Summary of Maturities of Operating Lease Liabilities

Maturities of the operating lease liabilities as of June 30, 2022 were as follows: (in thousands):

 

For fiscal years ending September 30,

 

 

 

2022 (remainder)

 

$

72

 

2023

 

 

270

 

2024

 

 

278

 

2025

 

 

186

 

2026

 

 

130

 

Thereafter

 

 

225

 

Future minimum lease payments

 

 

1,161

 

Less interest

 

 

(88

)

Present value of minimum lease payments

 

 

1,073

 

Less current portion

 

 

(237

)

Long-term portion

 

$

836

 

Summary of Lease Costs

Lease costs recognized in the consolidated statements of operations for the three and nine months ended June 30, 2022 and 2021 were as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Right-of-use operating lease costs

 

$

68

 

 

$

67

 

 

$

204

 

 

$

178

 

Short-term lease costs

 

 

52

 

 

 

52

 

 

 

148

 

 

 

192

 

Total

 

$

120

 

 

$

119

 

 

$

352

 

 

$

370

 

Summary of Other Information Related to Operating Leases

 

Nine Months Ended

 

 

June 30, 2022

 

 

June 30, 2021

 

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

 

 

 

 

 

   Operating cash flows from operating leases

$

190

 

 

$

142

 

   Operating lease assets obtained in exchange for new lease liabilities

 

 

 

 

1,336

 

 

 

 

 

 

 

Weighted average remaining lease term

4.9 years

 

 

5.8 years

 

Weighted average discount rate

 

3.25

%

 

 

3.25

%

Rental Equipment

Rental equipment consisted of the following (in thousands):

 

 

 

June 30, 2022

 

 

September 30, 2021

 

Rental equipment, primarily wireless recording equipment

 

$

85,912

 

 

$

95,827

 

Accumulated depreciation and impairment

 

 

(55,002

)

 

 

(56,922

)

 

 

$

30,910

 

 

$

38,905

 

Future Minimum Lease Payment

Future minimum lease payments due to the Company as of June 30, 2022 on these two leases were as follows (in thousands):

 

For fiscal years ending September 30,

 

 

 

2022 (remainder)

 

$

49

 

2023

 

 

136

 

2024

 

 

128

 

2025

 

 

131

 

2026

 

 

132

 

Thereafter

 

 

11

 

 

 

$

587