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6. INTANGIBLE ASSETS | 12 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | 6. INTANGIBLE ASSETS Intangible assets consist of the following as of September 30, 2022 and 2021:
|  | September 30, 2022 |  |  | September 30, 2021 |
|  | Intangible assets |  |  | Accumulated amortization |  |  | Net intangible assets |  |  | Intangible assets |  |  | Accumulated amortization |  |  | Net intangible assets |
Software |  | $ | 210,000 |  |  | $ | — |  |  | $ | 210,000 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Websites |  |  | 23,115 |  |  |  | (11,448 | ) |  |  | 11,667 |  |  |  | 8,115 |  |  |  | (8,115 | ) |  |  | — |
Strategic Contract |  |  | 9,799,970 |  |  |  | (3,536,586 | ) |  |  | 6,263,384 |  |  |  | 9,799,970 |  |  |  | (1,577,098 | ) |  |  | 8,222,872 |
Total |  | $ | 10,033,085 |  |  |  | (3,548,034 | ) |  | $ | 6,485,051 |  |  | $ | 9,808,085 |  |  | $ | (1,585,213 | ) |  | $ | 8,222,872 |
Amortization expense for the years ended September 30, 2022 and 2021 was $1,963,328 and $1,577,098, respectively. During the years ended September 30, 2022 and 2021 the Company did no t incur impairment losses related to the above intangible assets. The strategic contract relates to supply of a critical input to our bitcoin mining business at significantly low prices compared to market. During the year ended September 30, 2021, the initial allocation of $7,457,970 was adjusted by $2,342,000. The Company expects to record amortization expense of intangible assets over the next 5 years and thereafter as follows:
Year |  | September 30, 2022 |
2023 |  | $ | 2,017,494 |
2024 |  |  | 2,017,494 |
2025 |  |  | 2,014,160 |
2026 |  |  | 435,903 |
2027 |  |  | - |
Thereafter |  |  | - |
Total |  | $ | 6,485,051 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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