• Filing Date: 2019-05-14
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.19.1
E. COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Future minimum lease payments under the San Tomas lease
 Six months ending September 30, 2019      $ 907,000  
 Year ending September 30,        
 2020     1,872,000  
 2021     1,937,000  
 2022     2,004,000  
 2023     2,073,000  
 2024     2,145,000  
 Thereafter     9,540,000  
 Total future minimum lease obligation     20,478,000  
 Less imputed interest on financing obligation     (7,034,000 )
 Net present value of lease financing obligation   $ 13,444,000  
Schedule of future minimum payments under operating leases
Six months ending September 30, 2019   $ 130,000  
Year ending September 30,        
2020     238,000  
2021     163,000  
2022     69,000  
Total   $ 600,000