XML 28 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Property and Equipment
6 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment

NOTE 9 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

    March 31,     September 30,  
    2021     2020  
          (restated)  
Land   $ 790,373     $ 790,373  
Building and leasehold improvements     3,950,430       3,875,796  
Furniture and office equipment     677,643       621,790  
Computers and software     269,851       264,940  
Trade show display     89,330       89,330  
Machinery and equipment     14,594,734       13,668,263  
      20,372,361       19,310,492  
                 
Less: Accumulated depreciation     (13,037,160 )     (12,348,741 )
Property and equipment, net   $ 7,335,201     $ 6,961,751  

 

Depreciation expense for the three and six months ended March 31, 2021, and 2020 were $319,426 and $483,162, and $680,004 and $888,391, respectively.