LEASES AND GAIN ON SALE OF ASSET (Tables)

9 Months Ended

Jun. 30, 2020

Leases [Abstract]

Lease assets and liabilities

Leases recorded on the balance sheet consist of the following:

		June 30, 2020
Assets:
	Operating lease right-of-use assets	$	272,000
	Total right-of-use assets	$	272,000
Liabilities:
	Current portion of operating lease liabilities	$	107,000
	Operating lease liabilities	171,000
	Total lease liabilities	$	278,000

Lease costs

The components of lease expenses are as follows:

	Three months ended June 30, 2020		Nine months ended   June 30, 2020
Operating lease cost	$	68,000	$	271,000
Short-term lease cost	17,000		52,000
Total lease cost	$	85,000	$	323,000

Supplemental lease information

Supplemental information related to leases is as follows:

		June 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows for operating leases	$	158,000
Operating leases:
	Weighted-average remaining lease term (in years)	3.6
	Weighted-average discount rate	5.84%

Operating lease maturity schedule

The remaining lease payments for our operating leases as of June 30, 2020, are as follows:

Fiscal year ending:
Remainder of 2020	$	30,000
2021	121,000
2022	60,000
2023	30,000
2024	30,000
Thereafter through 2026	38,000
Total lease payments	309,000
Less: amounts representing interest	(31,000		)
Present value of lease liabilities	$	278,000