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v3.23.4

ORGANIZATION (Details Narrative) |  |  |  | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jul. 01, 2023 USD ($) ft² | Jan. 25, 2023 | Nov. 22, 2022 USD ($) | Sep. 30, 2023 USD ($) | Sep. 30, 2022 USD ($) | Aug. 30, 2023 USD ($) | Jul. 29, 2022 $ / shares | Jan. 24, 2022 $ / shares
Reverse stock split |  | 35:1 reverse stock split |  |  |  |  |  |
Net loss |  |  |  | $ 9,196,875 | $ 13,020,958 |  |  |
Debt obligations |  |  |  | 14,507,711 |  |  |  |
Working capital |  |  |  | 1,948,923 |  |  |  |
Civil monetary penalty |  |  |  | 2,200,000 |  |  |  |
Mr Govil [Member] |  |  |  |  |  |  |  |
Civil monetary penalty |  |  |  |  | 350,000 |  |  |
Common Stock [Member] |  |  |  |  |  |  |  |
Reverse stock split |  | 35:1 reverse stock split |  |  |  |  |  |
Minimum share bid price | $ / shares |  |  |  |  |  |  |  | $ 1.00
Common Stock [Member] | Minimum [Member] |  |  |  |  |  |  |  |
Minimum share bid price | $ / shares |  |  |  |  |  |  |  | $ 1.00
Preferred Stock [Member] |  |  |  |  |  |  |  |
Minimum share bid price | $ / shares |  |  |  |  |  |  | $ 1.00 |
Preferred Stock [Member] | Minimum [Member] |  |  |  |  |  |  |  |
Minimum share bid price | $ / shares |  |  |  |  |  |  | $ 1.00 |
Heisey Mechanical Ltd [Member] |  |  |  |  |  |  |  |
Business purchased | $ 1,500,000 |  |  |  |  |  |  |
Area of Land | ft² | 33,000 |  |  |  |  |  |  |
[custom:BusinessAcquisitionsProFormaDepreciation] |  |  |  | 127,800 | 255,600 |  |  |
[custom:BusinessAcquisitionsProFormaInterestExpense] |  |  |  | $ 127,883 | $ 81,140 |  |  |
Heisey Mechanical Ltd [Member] | Fulton Bank [Member] |  |  |  |  |  |  |  |
Interest expense |  |  |  |  |  | $ 1,200,000 |  |
Heisey Mechanical Ltd [Member] | Fulton Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] |  |  |  |  |  |  |  |
Percentage of financing rate |  |  |  |  |  | 2.80% |  |
Cemtrex XR Inc [Member] |  |  |  |  |  |  |  |
Consideration transferred |  |  | $ 895,000 |  |  |  |  |
Cash payable |  |  | $ 75,000 |  |  |  |  |
Royalty percentage |  |  | 5.00% |  |  |  |  |
Royalty description |  |  | the Business to be paid 90 days after the end of each calendar year for the next three years; and should the total sum of royalties due be less than $820,000 at the end of the three-year period, Purchaser shall be obligated to pay the difference between $820,000 and the royalties paid. |  |  |  |  |
Royalties paid |  |  | $ 820,000 |  |  |  |  |
Cemtrex Advanced Technologies Inc [Member] |  |  |  |  |  |  |  |
Cash payable |  |  | $ 10,000 |  |  |  |  |
Royalty percentage |  |  | 5.00% |  |  |  |  |
Royalty description |  |  | the Business to be paid 90 days after the end of each calendar year for the next 5 years |  |  |  |  |
Common equity |  |  | $ 1,600,000 |  |  |  |  |
Common equity, description |  |  | subsequent fundraising or exit above $5,000,000 with a $10,000,000 cap. |  |  |  |  |

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