Property And Equipment

3 Months Ended

Dec. 31, 2011

6. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:


	December 31,			September 30,
	2011			2011
Machinery and equipment	$	522,819		$	521,719
Office furniture and equipment		773,596			775,662
Leasehold improvements		262,258			262,258

		1,558,673			1,559,639
Accumulated depreciation		(1,494,712	)		(1,484,171	)

	$	63,961		$	75,468

Depreciation expense was $15,124 and $40,238 for the three months ended December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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