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Intangibles and Property and Equipment
9 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles and Property and Equipment

NOTE 5 – Intangibles and Property and Equipment

 

Intangibles

 

Intangible assets consisted of the following at June 30, 2019:

 

   Useful Life    
Net Intangibles, September 30, 2018  12-13 Years  $200,081 
Less: amortization      (15,933)
Net Intangibles, June 30, 2019     $184,148 

 

Amortization expense was $5,311and $4,952 for the three months ended June 30, 2019 and 2018, respectively, and $15,933 and $14,168 for the nine months ended June 30, 2019 and 2018, respectively.

 

Property and Equipment

 

Property and equipment held for use by category are presented in the following table: 

 

   June 30,
2019
   September 30,
2018
 
Equipment  $52,057   $     — 
Software   1,895     
Total property and equipment   53,952     
Less accumulated depreciation   (694)    
Property and equipment, net  $53,258   $ 

 

Depreciation expense was $694 for three and nine months ended June 30, 2019.