Commitments and Contingencies

12 Months Ended

Sep. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

Leases

The Company occupies office space under lease agreements expiring at various dates during the next ten years. The leases are classified as operating leases and provide for the payment of real estate taxes, insurance, utilities and maintenance.

The Company was obligated under non-cancelable operating leases as follows:



Fiscal year ending September 30:	(Amounts in thousands)
2019	$	437
2020	399
2021	93
	$	929

Occupancy expenses under the operating leases approximated $0.8 million in 2018 and $0.7 million in 2017.

The Company leases equipment under an agreement expiring in three years. The lease is classified as a capital lease. The Company has the capital lease obligation within its consolidated balance sheets. The current portion of $0.3 million is within accounts payable and accrued expenses and the long-term portion of $0.5 million is included in other long term liabilities. The assets acquired under the capital lease were sub-leased to a customer. See Investment in Lease Note 18.

The Company was obligated under non-cancelable capital leases as follows:



Fiscal year ending September 30:	(Amounts in thousands)
2019	$	312
2020	312
2021	234
Minimum lease payments including interest	$	858
Amount representing interest	(60		)
Minimum lease payments excluding interest	$	798

Common Stock Repurchase

From time to time the Company's Board of Directors passes resolutions to authorize the Company to purchase shares of its outstanding common stock. The Company did not repurchase any shares during the years ended September 30, 2018 and 2017. As of September 30, 2018, the Company is authorized to repurchase an additional 201 thousand shares pursuant to such resolutions.