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Supplemental Balance Sheet Information
 6 Months Ended
Mar. 31, 2023
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information

NOTE 5 – Supplemental Balance Sheet Information

 

Intangibles

 

Intangible assets rollforward is as follows:

 

   Useful Life    
Net Intangibles, September 30, 2022  12-13 years  $111,892 
Less: amortization      (11,158)
Net Intangibles, March 31, 2023     $100,734 

 

Amortization expense was $5,579 and $11,158 for the three and six months ended March 31, 2023, respectively, and $5,579 and $11,158 for the three and six months ended March 31, 2022, respectively.

 

Property and Equipment, Net

 

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

 

   As of
March 31, 2023		   As of
September 30,
2022		 
Equipment and furniture  $775,913   $538,061 
Software   1,895    1,895 
Total property and equipment   777,808    539,956 
Less accumulated depreciation   (254,998)   (186,357)
Property and equipment, net  $522,810   $353,599 

 

Depreciation expense was $38,331 and $68,641 for the three months and six months ended March 31, 2023, respectively, and $22,952 and $42,534 for the three and six months ended March 31, 2022, respectively.