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PROPERTY AND EQUIPMENT
 3 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 11 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   December 31,   September 30, 
   2024   2024 
Land  $945,279   $945,279 
Building and leasehold improvements   4,402,191    4,388,556 
Furniture and office equipment   600,186    600,186 
Computers and software   1,333,135    1,333,135 
Machinery and equipment   14,448,274    13,578,702 
Property and equipment, gross   21,729,065    20,845,858 
Less: Accumulated depreciation   (12,033,776)   (11,712,280)
Property and equipment, net  $9,695,289   $9,133,578 

 

Depreciation expense for the three months ended December 31, 2024 and 2023, was $337,259 and $368,301, respectively and is recorded in cost of revenues and general and administrative expenses on the Company’s unaudited condensed consolidated statements of operations.