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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Sep. 30, 2021
Current assets    
Cash and equivalents $ 10,338,978 $ 15,426,976
Restricted cash 1,633,452 1,759,347
Short-term investments 14,960 14,981
Trade receivables, net 5,547,749 7,810,896
Trade receivables - related party 1,492,321 1,487,155
Inventory –net of allowance for inventory obsolescence 7,085,698 5,657,287
Prepaid expenses and other assets 2,727,511 2,585,652
Total current assets 28,840,669 34,742,294
Property and equipment, net 6,736,871 6,738,944
Right-of-use assets 2,725,616 2,940,127
Goodwill 7,821,283 7,821,283
Other 697,624 697,240
Total Assets 46,822,063 52,939,888
Current liabilities    
Accounts payable 3,512,267 4,235,002
Short-term liabilities 7,591,892 9,977,972
Lease liabilities - short-term 789,346 830,791
Deposits from customers 722,690 536,220
Accrued expenses 1,478,746 1,621,053
Deferred revenue 1,621,244 2,004,170
Accrued income taxes 323,371 448,194
Total current liabilities 16,039,556 19,653,402
Long-term liabilities    
Loans payable to bank 486,262 767,279
Long-term lease liabilities 1,936,270 2,017,408
Notes payable 2,400,000 2,350,000
Mortgage payable 2,232,812 2,257,785
Other long-term liabilities 750,905 839,171
Paycheck Protection Program Loans 60,700 1,032,200
Deferred Revenue - long-term 497,771 467,967
Total long-term liabilities 8,364,720 9,731,810
Total liabilities 24,404,276 29,385,212
Commitments and contingencies
Shareholders’ equity    
Common stock, $0.001 par value, 50,000,000 shares authorized, 23,673,210 shares issued and outstanding at December 31, 2021 and 20,782,194 shares issued and outstanding at September 30, 2021 23,673 20,782
Additional paid-in capital 65,058,290 61,727,834
Retained earnings (accumulated deficit) (46,386,013) (41,908,062)
Treasury stock at cost (148,291) (148,291)
Accumulated other comprehensive income (loss) 2,955,944 2,896,452
Total Cemtrex stockholders’ equity 21,505,633 22,590,650
Non-controlling interest 912,154 964,026
Total liabilities and shareholders’ equity 46,822,063 52,939,888
Series 1 Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock , Value 1,980 1,885
Series C Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock , Value $ 50 $ 50