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Other Assets
12 Months Ended
Sep. 30, 2016
Other Assets  
Other Assets

 

 

8. Other Assets

 

Other assets consist of the following:

 

 

 

September 30,

 

September 30,

 

 

 

2016

 

2015

 

Intangible assets, net of accumulated amortization of $529,037 and $517,037 at September 30, 2016 and September 30, 2015

 

$

71,200 

 

$

83,200 

 

 

 

 

 

 

 

Other non-current assets

 

85,748 

 

85,748 

 

 

 

 

 

 

 

 

 

$

156,948 

 

$

168,948 

 

 

 

 

 

 

 

 

 

 

Intangible assets consist of licensing and certification rights which are amortized over a defined number of units.  No impairment charges were recorded in fiscal 2016, 2015 or 2014.

 

Total intangible amortization expense was approximately $12,000 in fiscal year 2016, $17,000 in fiscal year 2015 and $5,000 in fiscal year 2014. The timing of future amortization expense is not determinable because the intangible assets are being amortized over a defined number of units.

 

Other non-current assets as of September 30, 2016 and September 30, 2015 include the security deposit and advance payment of the last month’s rent due under an operating lease for the property located at 180 Gordon Drive, Exton, PA, and a deposit for medical claims required under the Company’s medical plan.