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6. INTANGIBLE ASSETS (Tables)

3 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS - Estimated Useful Life

	Useful life
Patents			15-20 years
Websites			3 years
Customer list and non-compete agreement			3-4 years
Design assets			2 years
Trademarks			14 years
Engineering trade secrets			7 years
Strategic contract			5 years
Software			2–3 years

INTANGIBLE ASSETS - Schedule of Intangible Assets

		December 31, 2020				September 30, 2020
Patents		$	74,112			$	74,112
Websites			8,115				8,115
Customer list and non-compete agreement			6,702,024				6,702,024
Design assets			123,000				123,000
Trademarks			5,928				5,928
Trade secrets			4,370,269				4,370,269
Software			1,120,000				1,120,000
Strategic Contract			7,457,970				—
Intangible assets:			19,861,418				12,403,448
Less: accumulated amortization			(6,220,997	)			(5,353,792)
Intangible assets, net		$	13,640,421			$	7,049,656

INTANGIBLE ASSETS - Amortization Expense

	2021			$	3,224,597
	2022				4,003,379
	2023				2,486,842
	2024				2,100,124
	2025				1,491,800
	Thereafter				333,679
	Total			$	13,640,421

X

- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

+ References

No definition available.

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- References

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X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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