COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Jun. 30, 2020

COMMITMENTS AND CONTINGENCIES

Schedule of future minimum payments under finance leases

Three months ending September 30, 2020	$	473,000
Year ending September 30,
2021		1,953,000
2022		2,014,000
2023		2,083,000
2024		2,148,000
2025		2,218,000
Thereafter		7,322,000
Total future minimum lease obligation		18,211,000
Less imputed interest on finance lease obligations		(5,316,000	)
Net present value of lease finance lease obligations	$	12,895,000

Schedule of future minimum payments under operating leases

Three months ending September 30, 2020	$	40,000
Year ending September 30,
2021		241,000
2022		264,000
2023		272,000
2024		280,000
2025		288,000
Thereafter		286,000
Total future minimum lease obligation		1,671,000
Less imputed interest on operating lease obligation		(409,000	)
Net present value of operating lease obligation	$	1,262,000