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LEASES (Tables)
6 Months Ended
Mar. 31, 2020
LEASES  
Summary of right-of-use lease assets and lease liabilities that are reported in the Company's condensed consolidated balance sheets

 

 

 

 

 

 

 

 

 

As of

 

As of

 

    

March 31, 2020

    

December 31, 2019

 

 

 

 

 

 

 

Operating right-of-use assets, net

 

$

4,507

 

$

4,739

 

 

 

 

 

 

 

Current portion of operating lease liabilities

 

 

859

 

 

864

Long-term operating lease liabilities

 

 

3,896

 

 

4,044

Total operating lease liabilities

 

$

4,755

 

$

4,908

 

 

 

 

 

 

 

Finance right-of-use assets, net

 

 

4,668

 

 

4,641

 

 

 

 

 

 

 

Current portion of finance lease liabilities

 

 

4,602

 

 

4,616

Long-term finance lease liabilities

 

 

60

 

 

17

Total finance lease liabilities

 

$

4,662

 

$

4,633

 

Summary of components of lease expense

 

 

 

 

 

 

 

 

    

 

Three months ended

    

Six months ended

 

 

March 31, 2020

 

March 31, 2020

Operating lease costs:

 

 

 

 

 

  

Fixed operating lease costs

 

$

215

 

$

429

Short-term lease costs

 

 

 7

 

 

21

Variable lease costs

 

 

 1

 

 

 2

Sublease income

 

 

(159)

 

 

(318)

Finance lease costs:

 

 

 

 

 

  

Amortization of right-of-use asset expense

 

 

43

 

 

75

Interest on finance lease liability

 

 

68

 

 

134

Total lease cost

 

$

175

 

$

343

 

Summary of supplemental cash flow information related to leases

 

 

 

 

 

 

 

 

    

Three months Ended

    

Six months Ended

 

 

March 31, 2020

 

March 31,2020

Cash flows included in the measurement of lease liabilities:

 

 

 

 

 

  

Operating cash flows from operating leases

 

$

80

 

$

138

Operating cash flows from finance leases

 

 

43

 

 

75

Finance cash flows from finance leases

 

 

42

 

 

79

 

 

 

 

 

 

 

Non-cash lease activity:

 

 

 

 

 

  

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

71

 

$

448

 

Summary of weighted average remaining lease term and discount rate

 

 

 

 

 

    

As of

 

 

 

March 31, 2020

 

Weighted-average remaining lease term (in years)

 

 

  

Operating lease

 

5.21

 

Finance lease

 

0.32

 

 

 

 

 

Weighted-average discount rate (in percentages)

 

 

  

Operating lease

 

5.22

%

Finance lease

 

5.99

%

 

Summary of maturities of operating lease liabilities for each of the following five years and a total thereafter

 

 

 

 

 

 

 

 

    

Operating Leases

    

Finance Leases

 

 

 

 

 

 

 

2020

 

$

889

 

$

4,670

2021

 

 

905

 

 

30

2022

 

 

981

 

 

15

2023

 

 

964

 

 

13

2024

 

 

1,343

 

 

 8

Thereafter

 

 

442

 

 

 —

Total minimum future lease payments

 

 

5,524

 

 

4,736

Less interest

 

 

(769)

 

 

(74)

Total lease liability

 

 

4,755

 

 

4,662

 

Summary of maturities of finance lease liabilities for each of the following five years and a total thereafter

 

 

 

 

 

 

 

 

 

 

    

Operating Leases

    

Finance Leases

 

 

 

 

 

 

 

2020

 

$

889

 

$

4,670

2021

 

 

905

 

 

30

2022

 

 

981

 

 

15

2023

 

 

964

 

 

13

2024

 

 

1,343

 

 

 8

Thereafter

 

 

442

 

 

 —

Total minimum future lease payments

 

 

5,524

 

 

4,736

Less interest

 

 

(769)

 

 

(74)

Total lease liability

 

 

4,755

 

 

4,662