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SEGMENT INFORMATION (Tables)
 6 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT INFORMATION

The following tables summarize the Company’s segment information:

 

   2022   2021   2022   2021 
   For the three months ended   For the six months ended 
   March 31,   March 31, 
   2022   2021   2022   2021 
Revenues from external customers                    
Advanced Technologies  $7,722,307   $5,487,414   $13,340,824   $10,160,283 
Industrial Services  $5,005,908    3,772,971    10,059,880    7,936,178 
Total revenues  $12,728,215   $9,260,385   $23,400,704   $18,096,461 
                     
Gross profit                    
Advanced Technologies  $2,586,593   $2,646,926   $5,025,602   $4,993,198 
Industrial Services   1,466,018    1,281,958    2,896,203    2,941,156 
Total gross profit  $4,052,611   $3,928,884   $7,921,805   $7,934,354 
                     
Operating income/(loss)                    
Advanced Technologies  $(4,810,095)  $(1,693,377)  $(9,826,559)  $(3,535,723)
Industrial Services   990,758    (269,221)   1,952,699    (472,826)
Total operating loss  $(3,819,337)  $(1,962,598)  $(7,873,860)  $(4,008,549)
                     
Other income/(expense)                    
Advanced Technologies  $(963,668)  $3,769,515   $(1,387,920)  $4,136,750 
Industrial Services   (18,918)   735,518    (69,966)   710,330 
Total other expense  $(982,586)  $4,505,033   $(1,457,886)  $4,847,080 
                     
Depreciation and Amortization                    
Advanced Technologies  $423,360   $89,746   $506,970   $205,578 
Industrial Services   176,490    229,680    355,713    474,426 
Total depreciation and amortization  $599,850   $319,426   $862,683   $680,004 

 

   March 31,   September 30, 
   2022   2021 
Identifiable Assets          
Advanced Technologies  $33,772,905   $33,850,496 
Industrial Services   17,975,092    19,089,392 
Total Assets  $51,747,997   $52,939,888