XML 43 R25.htm IDEA: XBRL DOCUMENT
v3.21.2

Leases | 12 Months Ended
--- | ---
Sep. 30, 2021
Leases [Abstract] |
Leases | Note 15 — Leases As discussed in Note 2 , the Company adopted ASU No. 2016-02, “Leases”, the operating lease expense is recorded on a straight-line basis over the lease term. Lease costs were as follows :
|  | Year Ended September 30, |
|  | 2021 |  |  | 2020 |
Total net lease cost (1) |  | $ | 97,169 |  |  | $ | 91,025 |
(1) | Variable lease cost is immaterial.
Supplemental information related to operating lease transactions was as follows:
|  | Year Ended September 30, |
|  | 2021 |  |  | 2020 |
Lease liability payments |  | $ | 79,028 |  |  | $ | 88,272 |
Lease assets obtained in exchange for liabilities |  | $ | 14,580 |  |  | $ | 87,820 |
|  | As of September 30, |
|  | 2021 |  |  | 2020 |
Weighted average remaining lease term — Operating leases |  |  | 6.4 Years |  |  |  | 6.8 Years |
Weighted average discount rate — Operating leases |  |  | 3.7 | % |  |  | 3.5 | %
The following maturity analysis presents future undiscounted cash outflows for operating leases as of September 30, 2021:
For the year ended September 30, |  |  |
2022 |  | $ | 66,791 |
2023 |  |  | 44,187 |
2024 |  |  | 34,473 |
2025 |  |  | 28,173 |
2026 |  |  | 22,814 |
Thereafter |  |  | 86,134 |
Total lease payments |  | $ | 282,572 |
Less: imputed interest |  |  | (45,952 | )
Present value of lease liabilities |  | $ | 236,620 |
As of September 30, 2021 and September 30, 2020, the Company had no material finance leases. Rent expense per prior lease accounting (ASC 840), net of sublease income was approximately $65,692 for fiscal year 2019.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration