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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Sep. 30, 2022
Current assets    
Cash and equivalents $ 5,768,610 $ 9,895,761
Restricted cash 1,601,723 1,577,915
Short-term investments 13,721 13,721
Trade receivables, net 6,936,077 5,399,216
Trade receivables - related party 383,710
Inventory –net of allowance for inventory obsolescence 8,604,759 8,487,817
Prepaid expenses and other assets 3,092,618 2,421,644
Assets of discontinued operations 3,971,693
Total current assets 26,401,218 31,767,767
Property and equipment, net 5,108,267 5,280,442
Right-of-use assets 2,520,506 2,641,198
Royalties receivable - related party 665,048
Note receivable - related party 761,585 761,585
Goodwill 3,906,891 3,906,891
Other 1,546,101 1,399,745
Total Assets 40,909,616 45,757,628
Current liabilities    
Accounts payable 2,722,992 3,050,937
Accounts payable - related party 19,034 19,133
Short-term liabilities 17,099,485 16,894,743
Lease liabilities - short-term 787,561 754,495
Deposits from customers 489,669 73,146
Accrued expenses 3,246,129 2,271,188
Deferred revenue 2,505,618 1,551,088
Accrued income taxes 94,848
Liabilities of discontinued operations 805,219
Total current liabilities 26,870,488 25,514,797
Long-term liabilities    
Loans payable to bank 92,010 110,331
Long-term lease liabilities 1,732,945 1,822,468
Mortgage payable 2,142,662 2,160,169
Other long-term liabilities 582,392 807,898
Paycheck Protection Program Loans 97,120 97,120
Deferred Revenue - long-term 595,281 607,309
Total long-term liabilities 5,242,410 5,605,295
Total liabilities 32,112,898 31,120,092
Commitments and contingencies
Shareholders’ equity    
Preferred stock, value
Common stock, $0.001 par value, 50,000,000 shares authorized, 793,727 shares issued and outstanding at December 31, 2022 and 754,711 shares issued and outstanding at September 30, 2022 794 755
Additional paid-in capital 66,913,540 66,641,696
Retained earnings (accumulated deficit) (61,206,231) (54,929,020)
Treasury stock, 64,100 shares of Series 1 Preferred Stock at December 31, 2022 and September 30, 2022 (148,291) (148,291)
Accumulated other comprehensive income (loss) 2,601,094 2,377,525
Total Cemtrex stockholders’ equity 8,163,139 13,944,794
Non-controlling interest 633,579 692,742
Total liabilities and shareholders’ equity 40,909,616 45,757,628
Series 1 Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock, value 2,183 2,079
Series C Preferred Stock [Member]    
Shareholders’ equity    
Preferred stock, value $ 50 $ 50