XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.22.4

LEASES | 12 Months Ended
--- | ---
Sep. 30, 2022
Leases |
LEASES | NOTE 11 – LEASES The Company enters into operating leases for its facilities in New York, United Kingdom, and India, as well as for vehicles for use in our Industrial Services segment. The operating lease terms range from 2 to 7 years. The Company excluded the renewal option on its applicable facility leases from the calculation of its right-of-use assets and lease liabilities. Finance and operating lease liabilities consist of the following: SUMMARY OF FINANCE AND OPERATING LEASE LIABILITIES
|  | September 30, |  |  | September 30, |
|  | 2022 |  |  | 2021 |
Lease liabilities - current |  |  |  |  |  |  |  |
Finance leases |  | $ | - |  |  | $ | - |
Operating leases |  |  | 818,730 |  |  |  | 830,791 |
|  |  | 818,730 |  |  |  | 830,791 |
Lease liabilities - net of current portion |  |  |  |  |  |  |  |
Finance leases |  | $ | - |  |  | $ | - |
Operating leases |  |  | 1,822,468 |  |  |  | 2,017,408 |
|  | $ | 1,822,468 |  |  | $ | 2,017,408 |
A reconciliation of undiscounted cash flows to operating lease liabilities recognized in the Consolidated Balance Sheet at September 30, 2022, is set forth below: SCHEDULE OF RECONCILIATION OF UNDISCOUNTED CASH FLOWS TO FINANCE AND OPERATING LEASE LIABILITIES
Years ending September 30, |  | Operating Leases |  |  | Total |
2023 |  |  | 853,544 |  |  |  | 853,544 |
2024 |  |  | 672,828 |  |  |  | 672,828 |
2025 |  |  | 650,494 |  |  |  | 650,494 |
2026 |  |  | 520,048 |  |  |  | 520,048 |
2027 & Thereafter |  |  | 187,961 |  |  |  | 187,961 |
Undiscounted lease payments |  |  | 2,884,875 |  |  |  | 2,884,875 |
Amount representing interest |  |  | (243,677 | ) |  |  | (243,677 | )
Discounted lease payments |  | $ | 2,641,198 |  |  | $ | 2,641,198 |
Additional disclosures of lease data are set forth below: SCHEDULE OF LEASE COSTS
|  | For the years ended |
|  | September 30, |
|  | 2022 |  |  | 2021 |
Lease costs: |  |  |  |  |  |  |  |
Finance lease costs: |  |  |  |  |  |  |  |
Depreciation of finance lease assets |  | $ | - |  |  | $ | 17,184 |
Interest on lease liabilities |  |  | - |  |  |  | 88 |
Operating lease costs: |  |  |  |  |  |  |  |
Operating lease expense |  | $ | 686,124 |  |  | $ | 980,062 |
Other information: |  |  |  |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating leases |  | $ | 978,443 |  |  | $ | 962,790 |
Finance leases |  |  | - |  |  |  | 20,061 |
|  | $ | 978,443 |  |  | $ | 982,851 |
Weighted-average remaining lease term - finance leases (months) |  |  | 0 |  |  |  | 0 |
Weighted-average remaining lease term - operating leases (months) |  |  | 33 |  |  |  | 55 |
Weighted-average discount rate - finance leases |  |  | N/A |  |  |  | 3.63 | %
Weighted-average discount rate - operating leases |  |  | 5.66 | % |  |  | 6.85 | %
The Company used the rate implicit in the lease, where known, or its incremental borrowing rate as the rate used to discount the future lease payments.

X
- References No definition available. + Details
Name: | CETX_DisclosureLeasesAbstract
Namespace Prefix: | CETX_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration