Property and Equipment

6 Months Ended

Mar. 31, 2015

Property Plant And Equipment [Abstract]

NOTE 3. PROPERTY AND EQUIPMENT

The following table summarizes our major classes of property and equipment:


	March 31, 2015			September 30, 2014
Computers, office equipment and furniture	$	372,401		$	334,162
Research equipment		5,284,178			4,614,176
Software		94,848			69,623
Leasehold improvements		3,117,537			3,045,022
Total gross fixed assets		8,868,964			8,062,983
Less: Accumulated depreciation and amortization		(4,741,598	)		(4,190,230	)
Property and equipment, net	$	4,127,366		$	3,872,753

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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