Debt Financing |
6 Months Ended | |||||||||
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Mar. 31, 2019 | ||||||||||
| Debt Disclosure [Abstract] | ||||||||||
| Debt Financing |
Note 5 - Debt Financing
Credit Facility — Avidbank
As of March 31, 2019 and September 30, 2018, the outstanding principal balance on the line of credit was $250 thousand and $300 thousand, respectively. For the three and six months ended March 31, 2019 and April 1, 2018, the total interest expense against the outstanding line of credit balance was $6 thousand and $12 thousand, respectively, and $9 thousand and $12 thousand, respectively.
The Company amended its revolving credit facility with Avidbank pursuant to a Seventh Amendment to Amended and Restated Loan Agreement, dated as of April 5, 2018. The substantive amendments are as follows:
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