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SEGMENT INFORMATION (Tables)

9 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT INFORMATION

The following tables summarize the Company’s segment information:

 SCHEDULE OF SEGMENT INFORMATION

		For the three months ended								For the nine months ended
		June 30,								June 30,
		2021				2020				2021				2020
Revenues from external customers
Advanced Technologies		$	5,845,958			$	4,977,424			$	16,006,241			$	18,389,057
Industrial Services		$	4,480,473				3,463,443				12,416,651				14,385,740
Total revenues		$	10,326,431			$	8,440,867			$	28,422,892			$	32,774,797
Gross profit
Advanced Technologies		$	2,693,677			$	1,837,957			$	7,686,875			$	8,712,543
Industrial Services			1,434,039				1,441,895				4,375,195				5,261,899
Total gross profit		$	4,127,716			$	3,279,852			$	12,062,070			$	13,974,442
Operating loss							(restated)								(restated)
Advanced Technologies		$	(1,650,221	)		$	(1,595,405	)		$	(5,185,944	)		$	(1,686,680	)
Industrial Services			(650,048	)			(804,397	)			(1,122,874	)			(832,532	)
Total operating loss		$	(2,300,269	)		$	(2,399,802	)		$	(6,308,818	)		$	(2,519,212	)
Other income/(expense)
Advanced Technologies		$	4,955,782			$	(1,795,637	)		$	5,666,112			$	(2,868,033	)
Industrial Services			(1,487,133	)			(28,330	)			2,649,617				(114,637	)
Total other expense		$	3,468,649			$	(1,823,967	)		$	8,315,729			$	(2,982,670	)
Depreciation and Amortization							(restated)								(restated)
Advanced Technologies		$	103,177			$	114,151			$	308,755			$	212,088
Industrial Services			189,005				358,128				663,431				1,139,159
Total depreciation and amortization		$	292,182			$	472,279			$	972,186			$	1,351,247

						September 30,
		June 30,				2020
		2020				(restated)
Identifiable Assets
Advanced Technologies		$	31,726,862			$	36,732,018
Industrial Services			17,640,536				15,590,448
Discontinued operations			8,867,821				8,867,821
Total Assets		$	58,235,219			$	61,190,287

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- References

No definition available.

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