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Note 11 - Debt | 6 Months Ended
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Mar. 31, 2019
Notes to Financial Statements |
Debt Disclosure [Text Block] | 1 1 . DEBT In connection with the acquisition of Genasys the Company assumed certain debts of Genasys. The balances of the acquired debt consist of loans with governmental agencies as of March 31, 2019. Loans with governmental agencies represent interest free debt granted by ministries within Spain for the purpose of stimulating economic development and promoting research and development. Loans with governmental agencies as of March 31, 2019 are as follows:
Agency | Due Date |  | Principal |
Ministry of Economy and Competitiveness | February 2, 2022 |  |  | 50,616 |
Ministry of Economy and Competitiveness | February 2, 2024 |  |  | 269,856 | (a)
|  |  | $ | 320,472 |
| (a) | This loan is secured by $269,856 of cash pledged as collateral by Genasys, which is the current balance of the loan. This amount is included in restricted cash at March 31, 2019. The Company expects the Ministry of Economy and Competitiveness to declare the terms of the loan satisfied within fiscal year 2019 and the outstanding balance of the loan will be paid in full during fiscal 2019. Accordingly, this has been included in the current portion of notes payable as of March 31, 2019.
The following is a schedule of future annual payments as of March 31, 2019:
2019 |  | $ | 286,728 |
2020 |  |  | 16,872 |
2021 |  |  | 16,872 |
2022 |  |  | - |
Total |  | $ | 320,472 |
The current portion of debt is $286,728 and the noncurrent portion of debt is $33,744.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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