Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
12 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Consolidated Balance Sheets

Our operating leases are reported in our Consolidated Balance Sheets as follows:

(in thousands)

 

 

 

 

September 30,

 

 

September 30,

 

Operating lease components

 

Classification

 

2022

 

 

2021

 

Right-of-use assets – non-current

 

Other non-current assets

 

$

755

 

 

$

288

 

Current lease liabilities

 

Other current liabilities

 

$

415

 

 

$

323

 

Non-current lease liabilities

 

Other liabilities

 

$

386

 

 

$

42

 

Components of lease cost

Our operating leases cost components are reported in our Consolidated Statements of Operations as follows:

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

September 30,

 

Operating lease components

 

Classification

 

2022

 

 

2021

 

Grove management services revenue

 

Operating revenue

 

$

116

 

 

$

306

 

Grove management services cost-of-sales

 

Operating expenses

 

$

116

 

 

$

306

 

Operating lease costs

 

General and administrative expenses

 

$

85

 

 

$

198

 

 

 

 

 

September 30,
2022

Weighted-average remaining lease term

 

 

 

1.94 years

Weighted-average discount rate

 

 

 

1.81

%

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

September 30,
2022

 

 

September 30,
2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

 

$

302

 

 

$

519

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

 

Operating leases

 

 

 

$

 

 

$

 

Maturities of our operating lease obligations

Future maturities of our operating lease obligations as of September 30, 2022 by fiscal year are as follows:

 

(in thousands)

 

 

 

 

 

2023

 

 

 

$

446

 

2024

 

 

 

 

164

 

2025

 

 

 

 

97

 

2026

 

 

 

 

100

 

2027

 

 

 

 

15

 

Total noncancelable future lease obligations

 

 

 

$

822

 

Less: Interest

 

 

 

 

(21

)

Present value of lease obligations

 

 

 

$

801