XML 66 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) (Unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenues $ 12,220,083 $ 5,717,589
Cost of revenues 6,871,597 3,530,003
Gross profit 5,348,486 2,187,586
Operating expenses    
General and administrative 4,852,957 3,334,561
Research and development 376,586 379,517
Total operating expenses 5,229,543 3,714,078
Operating income/(loss) 118,943 (1,526,492)
Other income (expense)    
Other Income (expense) 224,325 (10,560)
Loss in equity interests (342,776)
Interest expense (482,522) (115,266)
Total other expense, net (258,197) (468,602)
Net loss before income taxes (139,254) (1,995,094)
Income tax benefit 50
Loss from continuing operations (139,254) (1,995,044)
Loss from discontinued operations, net of tax   (181,254)
Net loss (139,254) (2,176,298)
Less noncontrolling interest (194,911)
Net Income/(loss) (334,165) (2,176,298)
Preferred dividends paid 1,059,650 957,780
Net loss available to Cemtrex, Inc. shareholders (1,393,815) (3,134,078)
Other comprehensive income/(loss)    
Foreign currency translation gain/(loss) 583,026 (857,552)
Other comprehensive loss attribitable to noncontrolling interest (18,429)
Comprehensive income/(loss) 564,597 (857,552)
Comprehensive loss $ (829,218) $ (3,991,630)
Loss Per Share-Basic    
Continuing Operations $ (0.34) $ (1.80)
Discontinued Operations (0.11)
Loss Per Share-Diluted    
Continuing Operations (0.34) (1.80)
Discontinued Operations $ (0.11)
Weighted Average Number of Shares-Basic 4,086,609 1,638,776
Weighted Average Number of Shares-Diluted 4,086,609 1,638,776