XML 37 R25.htm IDEA: XBRL DOCUMENT v3.25.0.1

LEASES

3 Months Ended

Dec. 31, 2024

Leases

LEASES

NOTE 18 – LEASES

The Company is party to contracts where we lease property from others under contracts classified as operating leases. The Company primarily leases office and operating facilities, vehicles, and office equipment. The weighted average remaining term of our operating leases was approximately 3.30 years at December 31, 2024, and 3.30 years at September 30, 2024. The weighted average discount rate used to measure lease liabilities was approximately 6.22% at December 31, 2024, and 6.54% at September 30, 2024. 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.

The Company has elected not to recognize lease assets and liabilities for leases with a term of 12 months or less.

The Company’s corporate segment leases approximately 100 square feet of office space in Brooklyn, NY on a month-to-month lease at a rent of $600 per month. Short-term rent expense was $1,800 for the three months ended December 31, 2024, and 2023.

The Company’s security segment leases approximately 705 square feet of office space in Clovis, CA on a month-to-month lease at a rent of $4,202 per month. Short-term rent expense was $12,606 for the three months ended December 31, 2024 and $5,550 for the three months ended December 31, 2023.

A reconciliation of undiscounted cash flows to operating lease liabilities recognized in the unaudited condensed consolidated balance sheet at December 31, 2024, is set forth below:

SCHEDULE OF RECONCILIATION OF UNDISCOUNTED CASH FLOWS TO OPERATING LEASE LIABILITIES

Years ending September 30,		Operating Leases
2025			715,839
2026			772,248
2027			411,566
2028			148,965
2029			10,519
Undiscounted lease payments			2,059,137
Amount representing interest			(137,234	)
Discounted lease payments			1,921,903
Less short-term operating lease liabilities			845,535
Long-term operating lease liabilities		$	1,076,368

Lease costs for the three months ended December 31, 2024, and 2023 are set forth below:

 SCHEDULE OF LEASE COSTS

		2024				2023
		For the three months ended December 31,
		2024				2023
Operating lease costs			256,271				193,432
Short-term lease costs			14,406				18,261
Total lease cost		$	270,677			$	211,693

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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/842-20/tableOfContent

+ Details

Name:	us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration