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Property, Plant and Equipment, net | 9 Months Ended
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Jun. 30, 2015
Property, Plant and Equipment, net [Text Block] |
6. | Property, Plant and Equipment, net
Property, plant and equipment as of September 30, 2014 and June 30, 2015 consisted of the following:
|  |  | September 30, |  |  | June 30, |
|  |  | 2014 |  |  | 2015 |
| Buildings | $ | - |  | $ | 8,536,704 |
| Machinery and equipment |  | - |  |  | 3,603,616 |
| Office equipment |  | 19,999 |  |  | 20,747 |
| Motor vehicles |  | 118,821 |  |  | 126,484 |
|  |  | 138,820 |  |  | 12,287,551 |
| Accumulated depreciation |  | (14,565 | ) |  | (134,583 | )
| Carrying amount | $ | 124,255 |  | $ | 12,152,968 |
Depreciation expense for the three and nine months ended June 30, 2014 and 2015 is included in the condensed consolidated statements of operations as follows:
|  |  | Three months ended June 30, |  |  | Nine months ended June 30, |
|  |  | 2014 |  |  | 2015 |  |  | 2014 |  |  | 2015 |
| Cost of revenues | $ | 1,415,904 |  | $ | - |  | $ | 4,706,625 |  | $ | - |
| Research and development expenses |  | 149,372 |  |  | 99,917 |  |  | 396,926 |  |  | 99,917 |
| Sales and marketing expenses |  | 27,357 |  |  | - |  |  | 84,194 |  |  | - |
| General and administrative expenses |  | 800,203 |  |  | 7,050 |  |  | 2,490,383 |  |  | 20,309 |
|  | $ | 2,392,836 |  | $ | 106,967 |  | $ | 7,678,128 |  | $ | 120,226 |
During the course of the Company’s strategic review of its operations, the Company assessed the recoverability of the carrying value of the Company’s property, plant and equipment. The impairment charge, if any, represented the excess of carrying amounts of the Company’s property, plant and equipment over the estimated discounted cash flows expected to be generated by the Company’s production facilities. The Company believes that there was no impairment of its property, plant and equipment for the three and nine months ended June 30, 2014 and 2015. During the three and nine months ended June 30, 2015, the Company purchased machinery and equipment from BAK Tianjin totaled $2.0 million and $6.4 million, respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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