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Leases (Tables)
12 Months Ended
Sep. 30, 2023
Leases  
Schedule of lease costs

September 30,

September 30,

 

2022

2023

 

Finance lease cost:

Amortization of ROU asset

$

430

$

430

Interest on lease liabilities

784

759

Total finance lease cost

$

1,214

$

1,189

Operating lease cost

$

1,100

$

1,173

Cash paid for amounts included in the measurement of lease liabilities

Operating cash flows from finance leases

784

759

Operating cash flows from operating leases

1,100

1,173

Financing cash flows from finance leases

228

265

Total cash paid for amounts included in measurement of lease liabilities

$

2,112

$

2,197

Schedule of Balance Sheet operating and financing lease information

The following table sets forth the Company’s ROU assets and lease liabilities as of September 30, 2022 and 2023.

September 30,

September 30,

 

2022

2023

 

Finance lease assets (included in Property, plant and equipment, net)

$

5,643

$

5,230

Operating ROU lease assets (included in Other assets)

$

1,085

$

1,067

Finance lease liabilities

Accrued expenses

$

265

$

302

Long-term obligations (less current portion)

7,119

6,816

Total Finance lease liabilities

$

7,384

$

7,118

Operating lease liabilities

$

1,085

$

1,067

Operating lease payments due within one year are recorded in Accrued expenses on the Consolidated Balance Sheets.

September 30,

September 30, 

    

2022

2023

Weighted average lease term (Years)

Finance leases

13.1

12.1

Operating leases

3.0

2.0

Weighted average discount rate

Finance leases

10.32

%

10.32

%

Operating leases

5.25

%

5.84

%

Schedule of financing and operating lease maturity

The following is a table of future minimum lease payments during each fiscal year under operating and finance leases and the present value of the net minimum lease payments as of September 30, 2023.

Finance

 

Operating

 

Future minimum lease payments

Leases

Leases

2024

$

1,032

$

718

2025

 

1,037

 

276

2026

 

1,044

 

126

2027

 

1,049

 

62

2028

 

1,050

 

Thereafter

 

7,357

 

Total minimum lease payments

12,569

1,182

Less: amount representing interest

(5,451)

(115)

Present value of net minimum lease payments

$

7,118

$

1,067