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Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Sep. 30, 2022
Current assets    
Cash and equivalents $ 5,329,910 $ 9,895,761
Restricted cash 1,019,652 1,577,915
Short-term investments 13,663 13,721
Inventory –net of allowance for inventory obsolescence 8,739,219 8,487,817
Contract assets 1,739,201 781,819
Prepaid expenses and other assets 2,098,359 1,639,825
Assets of discontinued operations 3,971,693
Total current assets 29,293,041 31,767,767
Property and equipment, net 9,218,701 5,280,442
Right-of-use assets 2,287,623 2,641,198
Goodwill 4,381,891 3,906,891
Other 1,836,009 1,399,745
Total Assets 48,453,743 45,757,628
Current liabilities    
Sales tax payable 35,829 20,095
Short-term liabilities, net of unamortized original issue discounts 14,507,711 16,894,743
Lease liabilities - short-term 741,487 754,495
Deposits from customers 57,434 73,144
Accrued expenses 2,784,390 2,251,093
Contract liabilities 980,319 369,890
Deferred revenue 1,583,406 1,181,198
Accrued income taxes 388,627 94,848
Liabilities of discontinued operations 805,219
Total current liabilities 27,344,118 25,514,795
Long-term liabilities    
Loans payable to bank 1,909,739 110,331
Long-term lease liabilities 1,607,202 1,822,468
Notes payable 4,679,743
Mortgage payable 3,289,303 2,160,169
Other long-term liabilities 501,354 807,898
Paycheck Protection Program Loans 50,563 97,120
Deferred Revenue - long-term 727,928 607,309
Total long-term liabilities 12,765,832 5,605,295
Total liabilities 40,109,950 31,120,090
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.001 par value, 50,000,000 shares authorized, 1,045,789 shares issued and outstanding at September 30, 2023 and 754,711 shares issued and outstanding at September 30, 2022 1,046 755
Additional paid-in capital 68,881,705 66,641,698
Accumulated deficit (64,125,895) (54,929,020)
Treasury stock, 64,100 shares of Series 1 Preferred Stock at September 30, 2023 and September 30, 2022 (148,291) (148,291)
Accumulated other comprehensive income 3,076,706 2,377,525
Total Cemtrex stockholders’ equity 7,687,614 13,944,796
Non-controlling interest 656,179 692,742
Total liabilities and stockholders’ equity 48,453,743 45,757,628
Series 1 Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock, value 2,293 2,079
Series C Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock, value 50 50
Nonrelated Party [Member]    
Current assets    
Trade receivables, net 9,209,695 5,399,216
Current liabilities    
Accounts payable 6,196,406 3,050,937
Related Party [Member]    
Current assets    
Trade receivables, net 1,143,342
Royalties receivable - related party 674,893
Note receivable - related party 761,585 761,585
Current liabilities    
Accounts payable $ 68,509 $ 19,133