XML 37 R21.htm IDEA: XBRL DOCUMENT
v3.24.4

LEASES | 12 Months Ended
--- | ---
Sep. 30, 2024
Leases |
LEASES | NOTE 13 LEASES The Company’s operating leases are primarily for corporate, engineering, and administrative office space. Total operating lease expense in Fiscal 2024 was $619,000, of which $15,000 was recorded in sales and marketing expenses and $604,000 was recorded in general and administrative expenses on the consolidated statements of operations. Total operating lease expense in Fiscal 2023 was $621,000, of which $3,000 was recorded in sales and marketing expenses and $618,000 was recorded in general and administrative expenses on the consolidated statements of operations. Cash paid for amounts included in operating lease liabilities in Fiscal 2024 and Fiscal 2023, which have been included in cash flows from operating activities, was $592,000 and $575,000, respectively. At September 30, 2024, the Company’s operating leases had a weighted average remaining lease term of 6.9 years and a weighted average discount rate of 5.8%. Future minimum payments under non-cancellable operating leases are as follows:
Schedule of future minimum payments under operating leases |  |  |  |
Fiscal 2025 |  | $ | 556,000 |
Fiscal 2026 |  |  | 510,000 |
Fiscal 2027 |  |  | 419,000 |
Fiscal 2028 |  |  | 428,000 |
Fiscal 2029 |  |  | 440,000 |
Thereafter |  |  | 1,111,000 |
Total future minimum lease payments |  |  | 3,464,000 |
Less imputed interest |  |  | (630,000 | )
Present value of lease liabilities |  |  | 2,834,000 |
Less current portion of lease liabilities |  |  | (404,000 | )
Long-term portion of lease liabilities |  | $ | 2,430,000 |

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

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration