XML 31 R19.htm IDEA: XBRL DOCUMENT v3.20.4
Note 12 - Impacts of COVID-19
12 Months Ended
Sep. 30, 2020
COVID 19 [Member]  
Notes to Financial Statements  
Unusual or Infrequent Items, or Both, Disclosure [Text Block]
12.
Impacts of COVID-
19
 
On
March 11, 2020,
the World Health Organization declared the outbreak of a novel coronavirus (COVID-
19
) as a pandemic, which has resulted in authorities implementing numerous measures to contain the virus, including travel bans and restrictions, quarantines, shelter-in-place orders, and business limitations and shutdowns.  While we are unable to accurately predict the full impact that COVID-
19
will have on our results from operations, financial condition, liquidity and cash flows due to numerous uncertainties, including the duration, severity and impact of the pandemic and containment measures, our compliance with these measures has impacted our day-to-day operations and could disrupt our business and operations, as well as those of our key business partners, vendors and other counterparties for an indefinite period of time.  To support the health and well-being of our employees, business partners and communities, a vast majority of our employees have been working remotely since mid-
March 2020
and continue to do so for the foreseeable future.
 
COVID-
19
has had negative impacts on our operations and the future impacts of the pandemic and any corresponding economic results are largely unknown and rapidly evolving.  Beginning in
March
and continuing through our fiscal year and beyond, the events portion of our business was and continues to be significantly impacted by cancellations and/or postponements due to social distancing protocols enacted to stem the spread of the virus.  In addition, the closure of educational institutions globally and the negative financial impact on their funding, could impact our sales in the upcoming quarters.  While the virus has increased awareness of the need for distance learning tools and the adoption of video as a necessary communication medium, it is impossible for us to predict with confidence the long-term financial impact on our business including results of operations and liquidity.