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Property, Equipment and Improvements, Net
12 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
Property, Equipment and Improvements, Net

 

 

 

 

6.     Property, Equipment and Improvements, Net

Property, equipment and improvements, net consist of the following:

 

 

 

 

 

 

 

 

    

September 30, 

    

September 30, 

 

 

2020

 

2019

 

 

(Amounts in thousands)

Leasehold improvements

 

$

224

 

$

224

Equipment

 

 

8,603

 

 

8,397

Automobiles

 

 

116

 

 

98

 

 

 

8,943

 

 

8,719

Less accumulated depreciation and amortization

 

 

(7,896)

 

 

(7,446)

Property, equipment and improvements, net

 

$

1,047

 

$

1,273

 

The Company uses the straight-line method over the estimated useful lives of the assets to record depreciation expense. Depreciation expense was $443 thousand and $405 thousand for the years ended September 30, 2020 and 2019, respectively.