XML 122 R107.htm IDEA: XBRL DOCUMENT v3.24.4
SUMMARY OF LOSS ON SALE (Details) - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Liabilities Transferred    
Pretax loss on sale of Cemtrex Advanced Technologies, Inc, and Cemtrex XR, Inc.Companies $ (2,455,341)
Discontinued Operations, Disposed of by Sale [Member]    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Purchase Price 745,621  
Less cash and cash equivalents transferred (699,423)  
Less liabilities assumed (10,924)  
Net purchase price 35,274  
Assets Sold    
Accounts receivable, net 625,638  
Inventory, net 980,730  
Prepaid expenses and other assets 502,577  
Property and equipment, net 837,808  
Goodwill 598,392  
Total Assets Sold 3,545,145  
Liabilities Transferred    
Accounts payable 370,774  
Short-term liabilities 364,775  
Long-term liabilities 318,981  
Total Liabilities Transferred 1,054,530  
Net assets sold 2,490,615  
Pretax loss on sale of Cemtrex Advanced Technologies, Inc, and Cemtrex XR, Inc.Companies $ (2,455,341)