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Lease (Tables)
3 Months Ended
Dec. 31, 2020
Lease  
Schedule of lease-related assets and liabilities reported in the Consolidated Balance Sheet

 

 

 

 

 

 

 

Classification on the Consolidated Balance Sheet on December 31, 2020

Assets

 

  

 

 

  

Operating leases

 

Other assets

 

$

24,307

 

 

 

 

 

 

Liabilities

 

  

 

 

 

Operating leases- current

 

Accrued expenses

 

$

24,307

Operating leases – noncurrent

 

Other liabilities

 

$

 0

Total lease liabilities

 

 

 

$

24,307

 

Schedule of future minimum lease payments under operating leases

Future minimum lease payments under operating leases are as follows at December 31, 2020:

 

 

 

 

 

 

 

 

 

Twelve Months

 

    

 

 

 

Ending

 

Operating

 

    

December 31, 2021

    

Leases

 

 

 

 

$

23,590

 

 

 

 

 

 —

Total minimum lease payments

 

 

 

$

23,590

Amount representing interest

 

 

 

 

718

Present value of minimum lease payments

 

 

 

 

24,307

Current portion

 

 

 

 

(24,307)

Long-term portion of lease obligations

 

 

 

$

 —