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Leases (Tables) | 12 Months Ended
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Sep. 30, 2020
Leases [Abstract] |
Summary of Other Information Concerning the Company's Operating Lease | Other information concerning the Company’s operating lease accounted for under ASC 842 guidelines is as follows:
|  | As of September 30, 2020 |
Operating lease ROU asset included in other long-term assets |  | $ | 942,000 |
Current operating lease liability |  |  | 328,000 |
Non-current operating lease liability |  |  | 614,000 |
Weighted average remaining lease term (in years) |  |  | 2.92 |
Weighted average discount rate used in calculating ROU asset |  |  | 4.0 | %
Summary of Future Annual Minimum Lease Payments | Future annual minimum lease payments as of September 30, 2020 are as follows:
Fiscal Year |  | Annual Lease Payments |
2021 |  | $ | 335,000 |
2022 |  |  | 343,000 |
2023 |  |  | 322,000 |
Total |  |  | 1,000,000 |
Less interest |  |  | (58,000 | )
Present value of lease liabilities |  | $ | 942,000 |

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- Definition Minimum Lease Payments Sale Lease Back Transactions. + References No definition available. + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121549808&loc=d3e36991-112694 + Details
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