Quarterly report pursuant to Section 13 or 15(d)

Operating Lease (Tables)

v3.21.1
Operating Lease (Tables)
6 Months Ended
Mar. 31, 2021
Disclosure Text Block [Abstract]  
Schedule operating lease expense
Lease cost   Six Months Ended
March 31,
2021
    Six Months Ended
March 31,
2020
 
Operating lease cost   $ 119,412     $ 126,844  
Variable lease cost     194        
Total lease cost     119,606     $ 126,844  
                 
Other information                
Weighted-average remaining lease term - operating leases     4.6 Years       5.6 Years  
Weighted-average discount rate - operating leases     8.0 %     8.0 %
Schedule of future minimum lease commitments under non-cancelable operating lease agreements
Year Ending September 30,   March 31,
2021
 
2021 (excluding the 6 months ended March 31, 2021)   $ 117,830  
2022     239,306  
2023     244,165  
2024     249,024  
2025 and thereafter     275,343  
Total lease payments     1,125,668  
Less: interest     (188,513 )
Present value of lease liabilities   $ 937,155  
Schedule operating leases assets and liabilities
Leases   Classification     March 31,
2021
    September 30,
2020
 
Assets                      
Lease asset   Operating     $ 906,092     $ 986,204  
Total lease assets         $ 906,092     $ 986,204  
                       
Liabilities                      
Current   Operating     $ 167,937     $ 158,999  
Non-current   Operating       769,218       855,471  
Total lease liabilities         $ 937,155     $ 1,014,470