LEASES (Tables)
 12 Months Ended
Sep. 30, 2021
Leases  
SUMMARY OF FINANCE AND OPERATING LEASE LIABILITIES

Finance and operating lease liabilities consist of the following:

 

   September 30,   September 30, 
   2021   2020 
Lease liabilities - current          
Finance leases  $-   $20,061 
Operating leases   830,791    700,975 
    830,791    721,036 
           
Lease liabilities - net of current portion          
Finance leases  $-   $- 
Operating leases   2,017,408    2,027,406 
   $2,017,408   $2,027,406 
SCHEDULE OF RECONCILIATION OF UNDISCOUNTED CASH FLOWS TO FINANCE AND OPERATING LEASE LIABILITIES

A reconciliation of undiscounted cash flows to finance and operating lease liabilities recognized in the condensed consolidated balance sheet at September 30, 2021, is set forth below:

 

Years ending September 30,  Finance leases   Operating Leases   Total 
2022         -    912,755    912,755 
2023   -    725,207    725,207 
2024   -    588,454    588,454 
2025   -    565,431    565,431 
2026 & Thereafter   -    668,292    668,292 
Undiscounted lease payments   -    3,460,139    3,460,139 
Amount representing interest   -    (611,940)   (611,940)
Discounted lease payments  $-   $2,848,199   $2,848,199 
SCHEDULE OF LEASE COSTS

Additional disclosures of lease data are set forth below:

 

   For the year ended 
   September 30, 2021   September 30, 2020 
Lease costs:          
Finance lease costs:          
Depreciation of finance lease assets  $17,184   $22,912 
Interest on lease liabilities   88    832 
           
Operating lease costs:          
Amortization of right-of-use assets   870,860    816,550 
Interest on lease liabilities   91,930    59,122 
Total lease cost  $980,062   $899,416 
           
Other information:          
Cash paid for amounts included in the measurement of lease liabilities:          
Operating leases  $962,790   $816,549 
Finance leases   20,061    22,718 
   $982,851   $839,267 
           
Weighted-average remaining lease term - finance leases (months)   0    10 
Weighted-average remaining lease term - operating leases (months)   55    51 
           
Weighted-average discount rate - finance leases   3.63%   3.63%
Weighted-average discount rate - operating leases   6.85%   6.64%