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Property and Equipment
 9 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 9 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

    June 30,     September 30,  
    2020     2019  
Land   $ 790,373     $ -  
Building and leasehold improvements     3,860,026       1,233,733  
Furniture and office equipment     631,820       614,569  
Computers and software     5,173,341       5,166,922  
Trade show display     89,330       89,330  
Machinery and equipment     24,133,952       23,463,953  
      34,678,842       30,568,507  
                 
Less: Accumulated depreciation     (15,520,148 )     (13,791,955 )
Property and equipment, net   $ 19,158,694     $ 16,776,552  

 

 

Depreciation expense for the three months ended June 30, 2020 and 2019 were $731,220 and $995,541 respectively. Depreciation expense for the nine months ended June 30, 2020 and 2019 were $2,158,938 and $3,208,933, respectively.