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Leases | 12 Months Ended
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Sep. 30, 2023
Leases [Abstract] |
Leases | Leases The Company determines whether an arrangement is a lease at inception. The Company’s leases consist of operating lease arrangements for certain office space, tractor leases and IT facilities. When these lease arrangements include lease and non-lease components, the Company accounts for lease components and non-lease components (e.g., common area maintenance) separately based on their relative standalone prices. Any lease arrangements with an initial term of 12 months or less are not recorded on the Company’s Consolidated Balance Sheets, and it recognizes lease cost for these lease arrangements on a straight-line basis over the applicable lease term. Many lease arrangements provide the options to exercise one or more renewal terms or to terminate the lease arrangement. When the options are reasonably certain to be exercised the Company includes these options when it will be reasonably certain to exercise them in the lease term used to establish the right-of-use assets and lease liabilities. Generally, lease agreements do not include an option to purchase the leased asset, residual value guarantees or material restrictive covenants. As most of our lease arrangements do not provide an implicit interest rate, the Company applies an incremental borrowing rate based on the information available at the commencement date of the lease arrangement to determine the present value of lease payments. No lease costs associated with finance leases and sale-leaseback transactions occurred and our lease income associated with lessor and sublease arrangements are not material to our Consolidated Financial Statements. Our operating leases are reported in our Consolidated Balance Sheets as follows:
(in thousands) |  | Classification |  | September 30, 2023 |  | September 30, 2022
Operating lease components |  |  |
Right-of-use assets – non-current |  | Other non-current assets |  | $ | 523 |  |  | $ | 755 |
Current lease liabilities |  | Other current liabilities |  | $ | 254 |  |  | $ | 415 |
Non-current lease liabilities |  | Other liabilities |  | $ | 305 |  |  | $ | 386 |
Our operating leases cost components are reported in our Consolidated Statements of Operations as follows:
(in thousands) |  | Classification |  | September 30, 2023 |  | September 30, 2022
Operating lease components |  |  |
Grove management services revenue |  | Operating revenue |  | $ | — |  |  | $ | 116 |
Grove management services cost-of-sales |  | Operating expenses |  | $ | — |  |  | $ | 116 |
Operating lease costs |  | General and administrative expenses |  | $ | 128 |  |  | $ | 85 |
Future maturities of our operating lease obligations as of September 30, 2023, by year, are as follows:
(in thousands) |
2024 | $ | 255 |
2025 | 159 |
2026 | 145 |
2027 | 26 |
2028 | — |
Total noncancelable future lease obligations | $ | 585 |
Less: Interest | (26) |
Present value of lease obligations | $ | 559 |
| September 30, 2023
Weighted-average remaining lease term | 1.90 years
Weighted-average discount rate | 5.22%
Cash flow information related to leases consists of the following:
(in thousands) | September 30, 2023 |  | September 30, 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 211 |  |  | $ | 302 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |
Operating leases | $ | 184 |  |  | $ | — |

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- 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
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