XML 71 R59.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SUMMARY OF LOSS ON SALE INCLUDED IN INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (Details) - Discontinued Operations, Disposed of by Sale [Member]
3 Months Ended
Dec. 31, 2022
USD ($)
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)