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Property and Equipment
9 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 9 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   June 30,   September 30, 
   2019   2018 
Land  $1,241,720   $1,063,715 
Building   5,192,036    5,321,926 
Furniture and office equipment   2,655,049    2,685,315 
Computers and software   7,119,285    6,762,046 
Trade show display   89,330    - 
Machinery and equipment   28,344,259    22,102,390 
    44,641,679    37,935,392 
           
Less: Accumulated depreciation   (20,233,031)   (10,634,738)
Property and equipment, net  $24,408,648   $27,300,654 

 

Depreciation expense for the three and nine months ended June 30, 2019 and 2018 were $1,636,517 and $861,815 and $4,248,075 and $2,583,465, respectively.