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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
12 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT INFORMATION

The following tables summarize the Company’s segment information:

 

   2022   2021 
   For the years ended 
   September 30, 
   2022   2021 
Revenues from external customers          
Advanced Technologies  $29,068,907   $24,154,488 
Industrial Services   21,206,016    18,976,446 
Total revenues  $50,274,923   $43,130,934 
           
Gross profit          
Advanced Technologies  $12,713,294   $10,591,956 
Industrial Services   6,342,224    6,376,396 
Total gross profit  $19,055,518   $16,968,352 
           
Operating income/(loss)          
Advanced Technologies  $(13,535,275)  $(9,793,851)
Industrial Services   (3,333,086)   1,052,031 
Total operating loss  $(16,868,361)  $(8,741,820)
           
Other income/(expense)          
Advanced Technologies  $3,548,734   $4,891,984 
Industrial Services   (181,160)   4,619,048 
Total other expense  $3,367,574   $9,511,032 
           
Depreciation and Amortization          
Advanced Technologies  $1,158,444   $515,465 
Industrial Services   704,246    819,724 
Total depreciation and amortization  $1,862,690   $1,335,189 

 

   September 30,   September 30, 
   2022   2021 
Identifiable Assets          
Advanced Technologies  $29,098,644   $33,850,496 
Industrial Services   16,658,984    19,089,392 
Total Assets  $45,757,628   $52,939,888 
SCHEDULE OF REVENUE FROM PRODUCT SALES AND SERVICES FROM ITS SUBSIDIARIES

The Company generates revenue from product sales and services from its subsidiaries located in the United States, The United Kingdom, and India. Revenue and long-lived asset information for the Company is as follows:

 

   For the year ended 
   September 30,   September 30, 
Revenues  2022   2021 
United States  $48,190,274   $39,081,703 
United Kingdom   2,049,239    3,989,223 
India   35,410    60,008 
   $50,274,923   $43,130,934 

 

   September 30,   September 30, 
Long-lived Assets   2022    2021 
United States  $12,663,822   $16,790,785 
United Kingdom   346,948    397,968 
India   242,003    311,601 
   $13,252,773   $17,500,354