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Lease (Tables)
12 Months Ended
Sep. 30, 2020
Lease  
Schedule of balance sheet information related to the operating leases

Balance sheet information related to the Company’s operating leases as of September 30, 2020 was as follows:

 

 

 

 

 

 

    

As of  

 

 

 

September 30,

 

 

 

 2020

 

Operating Lease Assets:

 

 

  

 

Operating Lease

 

$

243,874

 

Total operating lease assets

 

 

243,874

 

Operating lease obligations:

 

 

  

 

Current operating lease liabilities

 

 

82,468

 

Non-current operating lease liabilities

 

 

155,723

 

Total Lease liabilities

 

$

238,191

 

 

Schedule of weighted average remaining lease term and discount rate

 

 

 

 

 

Remaining Lease Term Operating Lease

 

 

3.07 years

 

Discount rate

 

 

5.5

%

 

Schedule of lease liability maturities

Lease liability maturities as of September 30, 2020, are as follows:

 

 

 

 

 

    

Operating,

 

 

lease

2021

 

 

61,147

2022

 

 

61,147

2023

 

 

61,147

2024

 

 

29,397

2025

 

 

29,397

Thereafter

 

 

22,049

Total minimum lease payments

 

$

264,284

Less: Amount representing interest

 

 

(26,093)

Total

 

$

238,191