Leases (Tables)

6 Months Ended

Mar. 31, 2020

The following table specifies where the right-of-use assets and lease liabilities are within the Consolidated Balance Sheets as of March 31, 2020 and October 1, 2019 (adoption date):


	Consolidated Balance Sheets Location	March 31, 2020		October 1, 2019
		(Amounts in thousands)		(Amounts in thousands)
Assets
Operating leases	Operating lease right-of-use assets	$	2,131	$	2,448

Lease receivable - current	Investment in lease, net-current portion	$	399	$	367
Lease receivable - noncurrent	Investment in lease, net-less current portion		207		417
Total lease receivable		$	606	$	784

Liabilities
Current operating lease liabilities	Accounts payable and accrued expenses	$	667	$	746
Non-current operating lease liabilities	Operating lease liabilities - noncurrent portion		1,529		1,783
Total operating lease liabilities		$	2,196	$	2,529

Current finance lease liabilities	Accounts payable and accrued expenses	$	343	$	333
Non-current finance lease liabilities	Other noncurrent liabilities		152		326
Total finance lease liabilities		$	495	$	659

Schedule of components of lease costs

The components of lease costs for three and six months ended March 31, 2020 are as follows:


		Three months ended		Six months ended
Consolidated Statements of Operations Location	Consolidated Statements of Operations Location		March 31, 2020	March 31, 2020
		(Amounts in thousands)		(Amounts in thousands)
Finance Lease:
Interest on lease liabilities	Selling, general, and administrative	$	12	$	25
Operating Lease:
Operating lease cost	Selling, general, and administrative		181		361
Short-term lease cost	Selling, general, and administrative		3		6
Total lease costs		$	196	$	392
Less sublease interest income	Revenue		(23)		(49)
Total lease costs, net of sublease interest income		$	173	$	343

Schedule of future lease payments under our non-cancellable leases and payments to be received as a sublessor

Future lease payments under our non-cancellable leases and payments to be received as a sublessor as of March 31, 2020 are in the following table:


	Operating lease		Finance lease		Sublease
Fiscal year ending September 30:	Costs		Costs		Payments received
	(Amounts in thousands)
2020 (remaining 6 months)	$	383	$	181	$	224
2021		619		285		356
2022		520		51		67
2023		439		5		12
2024		240		—		3
Thereafter		182		—		—
Total	$	2,383	$	522	$	662
Less Imputed interest		(187)		(27)		(56)
Total	$	2,196	$	495	$	606

Supplemental cash flow information

Supplemental cash flow information related to leases for the six months ended March 31, 2020 is below:


	Three months ended		Six months ended
	March 31, 2020		March 31, 2020
	(Amounts in thousands)		(Amounts in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	191	$	379
Operating cash flows from short-term leases		10		19
Operating cash flows from finance leases		12		25
Financing cash flows from finance leases		79		157
Lease assets obtained in exchange for new lease liabilities
Operating leases		—		4
Cash received from subleases		112		225

Schedule of Weighted average remaining lease term and weighted-average discount rate

Information related to weighted averages of lease term and discount rate as of March 31, 2020 is below:


Weighted-average remaining lease term (years)	March 31, 2020
Operating leases	4.0
Finance leases	2.3

Weighted-average discount rate	March 31, 2020
Operating leases	4.0%
Finance leases	6.2%

Schedule of Future minimum operating lease payments under ASC 840

The Company was obligated under non-cancelable operating leases with an initial term in excess of one year as follows:


Fiscal year ending September 30:	(Amounts in thousands)
2020 (full year)	$	475
2021		173
2022		58
2023		43
Total	$	749

Schedule of Future minimum capital lease payments under ASC 840

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


Fiscal year ending September 30:	(Amounts in thousands)
2020 (full year)	$	363
2021		285
2022		51
2023		5
Minimum lease payments including interest	$	704
Amount representing interest		(46)
Minimum lease payments excluding interest	$	658

Schedule of net investment in lease

A summary of components for the Company’s investment in lease, net is as follows:


	September 30, 2019
	(Amounts in thousands)
Investment in lease, gross	$	889
Unearned income		(105)
Total investment in lease, net	$	784
Current portion	$	367
Noncurrent portion	$	417

Schedule of Future minimum lease payments, receivable under ASC 840

The schedule of future minimum lease payments receivable is as follows:


Fiscal year ending September 30:	(Amounts in thousands)
2020 (full year)	$	451
2021		356
2022		67
2023		12
2024		3
Minimum lease payments including interest	$	889
Amount representing interest		(105)
Minimum lease payments excluding interest	$	784