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Leases (Tables)
3 Months Ended
Dec. 31, 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 as of December 31, 2020 and September 30, 2020, is as follows:
 
     December 31, 2020     September 30, 2020  
Operating lease ROU asset included in other long-term assets
   $ 1,106,000     $ 942,000  
Current operating lease liability
     420,000       328,000  
Non-current
operating lease liability
     686,000       614,000  
Weighted average remaining lease term (in years)
     2.75       2.92  
Weighted average discount rate used in calculating ROU asset
     4.0     4.0
Summary of Future Annual Minimum Lease Payments
Future annual minimum lease payments as of December 31, 2020 are as follows:
 
Fiscal Year
   Annual Lease Payments  
2021
   $ 348,000  
2022
     419,000  
2023
     400,000  
  
 
 
 
Total
     1,167,000  
Less interest
     (61,000
  
 
 
 
Present value of lease liabilities
   $ 1,106,000