Leases (Tables)

12 Months Ended

Sep. 30, 2020

Leases [Abstract]

Summary of Other Information Concerning the Company's Operating Lease

Other information concerning the Company’s operating lease accounted for under ASC 842 guidelines is as follows:

	As of September 30, 2020
Operating lease ROU asset included in other long-term assets	$	942,000
Current operating lease liability		328,000
Non-current operating lease liability		614,000
Weighted average remaining lease term (in years)		2.92
Weighted average discount rate used in calculating ROU asset		4.0	%

Summary of Future Annual Minimum Lease Payments

Future annual minimum lease payments as of September 30, 2020 are as follows:

Fiscal Year	Annual Lease Payments
2021	$	335,000
2022		343,000
2023		322,000
Total		1,000,000
Less interest		(58,000	)
Present value of lease liabilities	$	942,000