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Supplemental Balance Sheet Information
 6 Months Ended
Mar. 31, 2024
Supplemental Balance Sheet Information [Abstract]  
Supplemental Balance Sheet Information

NOTE 5 – Supplemental Balance Sheet Information

 

Inventory

 

Inventory consisted of the following:

 

   As of
March 31,
2024		   As of
September 30,
2023		 
Component inventory  $850,271   $1,202,778 
Work-in-process   461,402    343,597 
Finished goods   
—
    180,311 
Total  $1,311,673   $1,726,686 

 

Intangibles

 

Intangible assets rollforward is as follows:

 

   Useful Life    
Net Intangibles, September 30, 2023  12-13 years  $89,577 
Less: amortization      (11,158)
Net Intangibles, March 31, 2024     $78,419 

 

Amortization expense was $5,579 and $11,158 for the three and six months ended March 31, 2024, respectively, and $5,579 and $11,158 for the three and six months ended March 31, 2023, respectively.

 

Property and Equipment, Net

 

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

 

 

   As of
March 31,
2024		   As of
September 30,
2023		 
Equipment and furniture  $939,398   $860,737 
Total property and equipment   939,398    860,737 
Less accumulated depreciation   (443,383)   (334,984)
Property and equipment, net  $496,015   $525,753 

 

Depreciation expense was $55,321 and $108,399 for the three months and six months ended March 31, 2024, respectively, and $38,331 and $68,641 for the three and six months ended March 31, 2023, respectively.