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Inventory, Net

12 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Inventory, Net

NOTE 9 – INVENTORY, NET

Inventory, net of reserves, consist of the following:

		September 30,				September 30,
		2020				2019
Raw materials		$	3,959,888			$	4,917,700
Work in progress			995,184				543,857
Finished goods			6,413,927				3,683,810
			11,368,999				9,145,367
Less: Allowance for inventory obsolescence			(4,575,193	)			(3,938,212	)
Inventory –net of allowance for inventory obsolescence		$	6,793,806			$	5,207,155

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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