XML 30 R16.htm IDEA: XBRL DOCUMENT v3.23.4
PROPERTY AND EQUIPMENT
 12 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 9 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   September 30,   September 30, 
   2023   2022 
Land  $945,279   $790,373 
Building and leasehold improvements   4,362,062    2,906,953 
Furniture and office equipment   579,700    546,548 
Computers and software   1,333,135    365,892 
Machinery and equipment   12,488,639    11,242,709 
Property and equipment, gross   19,708,815    15,852,475 
Less: Accumulated depreciation   (10,490,114)   (10,572,033)
Property and equipment, net  $9,218,701   $5,280,442 

 

Depreciation and amortization of property and equipment totaled approximately $1,026,075 and $1,752,098 for fiscal years ended September 30, 2023, and 2022, respectively recorded as general and administrative expenses on the Company’s consolidated statement of operations and comprehensive income/(loss).