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LEASES (Tables)
9 Months Ended
Jun. 30, 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

 

    

June 30, 2020

 

 

 

 

Operating right-of-use assets, net

 

$

4,272

 

 

 

 

Current portion of operating lease liabilities

 

 

874

Long-term operating lease liabilities

 

 

3,733

Total operating lease liabilities

 

$

4,607

 

 

 

 

Finance right-of-use assets, net

 

 

4,628

 

 

 

 

Current portion of finance lease liabilities

 

 

4,557

Long-term finance lease liabilities

 

 

53

Total finance lease liabilities

 

$

4,610

 

Summary of components of lease expense

 

 

 

 

 

 

 

 

    

 

Three months ended

    

Nine months ended

 

 

June 30, 2020

 

June 30, 2020

Operating lease costs:

 

 

 

 

 

  

Fixed operating lease costs

 

$

218

 

$

647

Short-term lease costs

 

 

 7

 

 

28

Variable lease costs

 

 

 

 

 2

Sublease income

 

 

(159)

 

 

(477)

Finance lease costs:

 

 

 

 

 

 

Amortization of right-of-use asset expense

 

 

40

 

 

115

Interest on finance lease liability

 

 

67

 

 

201

Total lease cost

 

$

173

 

$

516

 

Summary of supplemental cash flow information related to leases

 

 

 

 

 

 

 

 

    

Three months Ended

    

Nine months Ended

 

 

June 30, 2020

 

June 30,2020

Cash flows included in the measurement of lease liabilities:

 

 

 

 

 

  

Operating cash flows from operating leases

 

$

74

 

$

212

Operating cash flows from finance leases

 

 

40

 

 

115

Finance cash flows from finance leases

 

 

51

 

 

130

 

 

 

 

 

 

 

Non-cash lease activity:

 

 

 

 

 

 

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

 

$

 —

 

$

448

 

Summary of weighted average remaining lease term and discount rate

 

 

 

 

 

    

As of

 

 

 

June 30, 2020

 

Weighted-average remaining lease term (in years)

 

 

  

Operating lease

 

4.95

 

Finance lease

 

0.14

 

 

 

 

 

Weighted-average discount rate (in percentages)

 

 

  

Operating lease

 

5.22

%

Finance lease

 

5.89

%

 

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

 

 

 

 

 

 

 

 

    

Operating Leases

    

Finance Leases

 

 

 

 

 

 

 

2020

 

$

890

 

$

4,573

2021

 

 

922

 

 

24

2022

 

 

989

 

 

13

2023

 

 

1,114

 

 

 7

2024

 

 

1,027

 

 

Thereafter

 

 

374

 

 

Total minimum future lease payments

 

 

5,316

 

 

4,617

Less interest

 

 

(709)

 

 

(7)

Total lease liability

 

 

4,607

 

 

4,610