Note 5 - Insurance Premium Financing
|12 Months Ended|
Sep. 30, 2022
|Insurance Premium Financing [Member]|
|Notes to Financial Statements|
|Short-Term Debt [Text Block]||
5. INSURANCE PREMIUM FINANCING
In July 2022, the Company entered into a finance agreement with First Insurance Funding in order to fund a portion of its insurance policies. The amount financed is approximately $354,000 and incurs interest at a rate of 2.99%. The Company is required to make monthly payments of approximately $35,000 through April 2023. The outstanding balance as of September 30, 2022 was approximately $.
The entire disclosure for short-term debt.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef