NOTE 9  COMMITMENTS As of March 31, 2020, the Company has three finance leases of equipment and vehicle with a gross value of $86,686 and $64,285, respectively, included in property, plant and equipment. The Company also leases its offices under operating lease and short-term lease. The estimated effect of lease renewal and termination options, as applicable, was included in the consolidated financial statements in current period. The components of lease expense were as follows: For the six months ended March 31, 2020 Operating lease cost $ 251,153 Short term lease cost 1,757 Finance lease cost: Amortization of right-of-use asset 14,915 Interest on lease liability 1,081 Total finance lease cost 15,996 Total lease cost $ 268,906 The following table presents the Companys supplemental information related operating and finance leases: For the six months ended March 31, 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance lease $ 1,081 Operating cash flows from operating lease $ 247,294 Financing cash flows from finance lease $ 20,362 Weighted Average Remaining Lease Term Operating leases 1.57 years Finance leases 3.35 years Weighted Average Discount Rate Operating leases 1.84% Finance leases 1.87% The future maturity of lease liabilities as of March 31, 2020 are as follows: Year ending September 30 Finance lease Operating lease 2020 (remaining) $ 14,102 $ 184,906 2021 28,204 162,997 2022 40,445 68,625 2023 18,201 - 2024 10,618 - Thereafter - - Total $ 111,570 $ 416,528 Less imputed interest (3,881) (6,089) Total lease obligation 107,689 410,439 Less current portion (26,388) (302,836) Non-current lease obligation $ 81,301 $ 107,603