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SEGMENT INFORMATION (Tables)
 9 Months Ended
Jun. 30, 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 nine months ended  
   June 30,    June 30,  
   2022   2021   2022   2021 
Revenues from external customers                    
Advanced Technologies  $8,162,855   $5,845,958   $21,503,679   $16,006,241 
Industrial Services  $5,467,991    4,480,473    15,527,871    12,416,651 
Total revenues  $13,630,846   $10,326,431   $37,031,550   $28,422,892 
                     
Gross profit                    
Advanced Technologies  $4,219,490   $2,693,677   $9,245,092   $7,686,875 
Industrial Services   1,656,866    1,434,039    4,553,069    4,375,195 
Total gross profit  $5,876,356   $4,127,716   $13,798,161   $12,062,070 
                     
Operating income/(loss)                    
Advanced Technologies  $(3,426,264)  $(1,650,221)  $(13,252,823)  $(5,185,944)
Industrial Services   1,305,415    (650,048)   3,258,114    (1,122,874)
Total operating loss  $(2,120,849)  $(2,300,269)  $(9,994,709)  $(6,308,818)
                     
Other income/(expense)                    
Advanced Technologies  $1,252,826   $4,955,782   $(135,094)  $5,666,112 
Industrial Services  $(111,620)   (1,487,133)   (181,586)   2,649,617 
Total other expense  $1,141,206   $3,468,649   $(316,680)  $8,315,729 
                     
Depreciation and Amortization                    
Advanced Technologies  $309,634   $103,177   $816,604   $308,755 
Industrial Services   174,066    189,005    529,779    663,431 
Total depreciation and amortization  $483,700   $292,182   $1,346,383   $972,186 

 

   June 30,   September 30, 
   2022   2021 
Identifiable Assets          
Advanced Technologies  $34,098,148   $33,850,496 
Industrial Services   17,105,420    19,089,392 
Total Assets  $51,203,568   $52,939,888