XML 26 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
FIXED ASSETS
12 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
FIXED ASSETS

6. FIXED ASSETS

 

Fixed assets consist of the following as of September 30, 2018 and September 30, 2017:

 

   September 30, 2018  September 30, 2017
Machinery and equipment  $130,191   $133,061
Furniture and fixtures   54,251    74,393
 Total   184,442    207,454
Less: accumulated depreciation   (97,711)   (82,013)
Fixed assets, net  $86,731   $125,441

 

Depreciation expense for the years ended September 30, 2018 and 2017 was $52,694 and $102,054, respectively.

 

In 2017, the Company also recorded additional depreciation expense of $1,601,936 related to microgrid assets, which were impaired in the year ended September 30, 2017.

 

During the years ended September 30, 2018 and 2017 the Company recorded an impairment of fixed assets of $1,243 and $3,512,243, respectively.