XML 60 R48.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

CONTRACT ASSETS AND LIABILITIES (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2024
Contract Assets And Liabilities |
SCHEDULE OF CONTRACT ASSETS AND LIABILITIES | The following is a summary of the Company’s uncompleted contracts: SCHEDULE OF CONTRACT ASSETS AND LIABILITIES
|  | June 30, 2024 |  |  | September 30, 2023 |
Costs incurred on uncompleted contracts |  | $ | 11,775,728 |  |  | $ | 12,523,552 |
Estimated gross profit |  |  | 2,549,303 |  |  |  | 3,085,350 |
|  |  | 14,325,031 |  |  |  | 15,608,902 |
Applicable billings to date |  |  | (15,111,577 | ) |  |  | (14,850,020 | )
Net (billings in excess of costs)/earnings in excess of billings, Ending balance |  | $ | (786,546 | ) |  | $ | 758,882 |
SUMMARY OF CONTRACT ASSETS AND CONTACT LIABILITIES | The following table summarizes the net activity of the contract assets and contract liabilities for the three- and six-month periods ended June 30, 2024 and 2023. SUMMARY OF CONTRACT ASSETS AND CONTACT LIABILITIES
|  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
|  | For the three months ended |  |  | For the nine months ended |
|  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract asset, beginning balance |  | $ | 1,979,679 |  |  | $ | 794,416 |  |  | $ | 1,739,201 |  |  | $ | 781,819 |
Changes in revenue billed, contract price or cost estimates |  |  | (864,619 | ) |  |  | (227,901 | ) |  |  | (624,141 | ) |  |  | (215,304 | )
Contract asset, net, ending balance |  | $ | 1,115,060 |  |  | $ | 566,515 |  |  | $ | 1,115,060 |  |  | $ | 566,515 |
Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract liability, beginning balance |  |  | (1,899,409 | ) |  | $ | (924,856 | ) |  |  | (980,319 | ) |  | $ | (369,890 | )
Changes in revenue billed, contract price or cost estimates |  |  | (2,197 | ) |  |  | 185,894 |  |  |  | (921,287 | ) |  |  | (369,072 | )
Contract liability, ending balance |  | $ | (1,901,606 | ) |  | $ | (738,962 | ) |  | $ | (1,901,606 | ) |  | $ | (738,962 | )
Net Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net billings in excess of costs, beginning balance |  | $ | 80,270 |  |  | $ | (130,440 | ) |  | $ | 758,882 |  |  | $ | 411,929 |
Changes in revenue billed, contract price or cost estimates |  |  | (866,816 | ) |  |  | (42,007 | ) |  | $ | (1,545,428 | ) |  |  | (584,376 | )
Net billings in excess of costs, ending balance |  | $ | (786,546 | ) |  | $ | (172,447 | ) |  | $ | (786,546 | ) |  | $ | (172,447 | )

X
- References No definition available. + Details
Name: | CETX_DisclosureContractAssetsAndLiabilitiesAbstract
Namespace Prefix: | CETX_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of Contract With Customer Asset and Liability [Table Text Block] + References No definition available. + Details
Name: | CETX_SummaryOfContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | CETX_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration