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LEASES (Tables)
 6 Months Ended
Mar. 31, 2022
Leases  
SUMMARY OF FINANCE AND OPERATING LEASE LIABILITIES

Finance and operating lease liabilities consist of the following:

 

   March 31,   September 30, 
   2021   2021 
Lease liabilities - current          
Finance leases  $-   $- 
Operating leases   905,041    830,791 
    905,041    830,791 
           
Lease liabilities - net of current portion          
Finance leases  $-   $- 
Operating leases   2,013,630    2,017,408 
   $2,013,630   $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 March 31, 2022, is set forth below:

 

Years ending September 30,  Finance leases   Operating Leases   Total 
2022   -    604,963    604,963 
2023   -    784,504    784,504 
2024   -    660,865    660,865 
2025   -    638,531    638,531 
2026 & Thereafter   -    702,252    702,252 
Undiscounted lease payments   -    3,391,115    3,391,115 
Amount representing interest   -    (472,444)   (472,444)
Discounted lease payments  $-   $2,918,671   $2,918,671 
SCHEDULE OF LEASE COSTS

Additional disclosures of lease data are set forth below:

 

   Six months ended 
   March 31, 2022   March 31, 2021 
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   338,643    186,777 
Interest on lease liabilities   30,720    16,636 
Total lease cost  $369,363   $209,168 
           
Other information:          
Cash paid for amounts included in the measurement of lease liabilities:          
Operating leases  $246,715   $178,228 
Finance leases   -    14,306 
   $246,715   $192,534 
           
Weighted-average remaining lease term - finance leases (months)   0    7 
Weighted-average remaining lease term - operating leases (months)   36    48 
           
Weighted-average discount rate - finance leases   N/A    3.63%
Weighted-average discount rate - operating leases   5.66%   6.64%