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Intangibles

6 Months Ended

9 Months Ended

Mar. 31, 2019

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles

NOTE 5 – Intangibles

Intangible assets consisted of the following at March 31, 2019:

		Useful Life
Net Intangibles, September 30, 2018		12-13 Years		$	200,081
Less: amortization					(10,622	)
Net Intangibles, March 31, 2019				$	189,459

Amortization expense was $5,311and $4,952 for the three months ended March 31, 2019 and 2018, respectively, and $10,622 and $9,217 for the six months ended March 31, 2019 and 2018, respectively.

NOTE 5 - Intangibles

Intangible assets rollforward is as follows:

		Useful Life
Net Intangibles, December 31, 2016		12-13 years		$	180,890
License agreement amendment					53,115
Less: amortization					(17,633	)
Net Intangibles, December 31, 2017					216,372
Less: amortization					(16,291	)
Net Intangibles, September 30, 2018				$	200,081

The Company anticipates amortization expense of approximately $21,000 per year for fiscal year 2019 through 2023 based upon the two current license agreements.

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- References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

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