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LEASES (Tables)
 3 Months Ended
Dec. 31, 2021
Leases  
SUMMARY OF FINANCE AND OPERATING LEASE LIABILITIES

Finance and operating lease liabilities consist of the following:

 

   December 31,   September 30, 
   2021   2021 
Lease liabilities - current          
Finance leases  $-   $- 
Operating leases   789,346    830,791 
Lease liabilities - current   789,346    830,791 
           
Lease liabilities - net of current portion          
Finance leases  $-   $- 
Operating leases   1,936,270    2,017,408 
Lease liabilities - net of current portion   $1,936,270   $2,017,408 
SCHEDULE OF RECONCILIATION OF UNDISCOUNTED CASH FLOWS TO FINANCE AND OPERATING LEASE LIABILITIES

A reconciliation of undiscounted cash flows to finance and operating lease liabilities recognized in the condensed consolidated balance sheet at December 31, 2021, is set forth below:

 

Years ending September 30,  Finance leases   Operating Leases   Total 
2022   -    685,022    685,022 
2023   -    704,934    704,934 
2024   -    580,667    580,667 
2025   -    557,870    557,870 
2026 & Thereafter   -    661,696    661,696 
Undiscounted lease payments   -    3,190,189    3,190,189 
Amount representing interest   -    (464,573)   (464,573)
Discounted lease payments  $-   $2,725,616   $2,725,616 
SCHEDULE OF LEASE COSTS

Additional disclosures of lease data are set forth below:

 

   Three months ended 
   December 31, 2021   December 31, 2020 
Lease costs:          
Finance lease costs:          
Depreciation of finance lease assets  $-   $5,728 
Interest on lease liabilities   -    27 
           
Operating lease costs:          
Amortization of right-of-use assets   214,511    186,777 
Interest on lease liabilities   24,341    16,636 
Total lease cost  $238,852   $209,168 
           
Other information:          
Cash paid for amounts included in the          
measurement of lease liabilities:          
Operating leases  $122,583   $178,228 
Finance leases   -    14,306 
   $122,583   $192,534 
           
Weighted-average remaining lease term - finance leases (months)   0    7 
Weighted-average remaining lease term - operating leases (months)   52    48 
           
Weighted-average discount rate - finance leases   3.63%   3.63%
Weighted-average discount rate - operating leases   6.85%   6.64%