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PROPERTY AND EQUIPMENT
9 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 11 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   June 30,   September 30, 
   2023   2022 
Land  $790,373   $790,373 
Building and leasehold improvements   2,915,918    2,906,953 
Furniture and office equipment   574,645    546,548 
Computers and software   1,333,135    365,892 
Machinery and equipment   10,725,259    11,242,709 
Property and equipment, gross   16,339,330    15,852,475 
Less: Accumulated depreciation   (10,158,559)   (10,572,033)
Property and equipment, net  $6,180,771   $5,280,442 

 

Depreciation expense for the three months ended June 30, 2023, and 2022, were $249,881 and $427,811, respectively. Depreciation expense for the nine months ended June 30, 2023, and 2022, were $698,269, and $1,038,138, respectively.