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Intangibles and Property and Equipment
6 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Intangibles and Property and Equipment

NOTE 5 – Intangibles and Property and Equipment


Intangibles


Intangible assets rollforward is as follows:


   Useful Life      
Net Intangibles, September 30, 2020  12-13 years    $156,523 
Less: amortization        (11,158)
Net Intangibles, March 31, 2021       $145,365 

Amortization expense was $5,579 and $11,158 for the three and six months ended March 31, 2021 and 2020, respectively.


Property and Equipment


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


   As of
March 31,
2021
   As of
September 30,
2020
 
Equipment and furniture  $217,684   $195,756 
Software   1,895    1,895 
Total property and equipment   219,579    197,651 
Less accumulated depreciation   (58,492)   (31,620)
Property and equipment, net  $161,087   $166,031 

Depreciation expense was $13,715 and $26,872 for the three months and six months ended March 31, 2021, respectively, $5,488 and $9,807 during the three and six months ended March 31, 2020, respectively.