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PROPERTY AND EQUIPMENT
 6 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 11 – PROPERTY AND EQUIPMENT

 

Property and equipment are summarized as follows:

 

   March 31,   September 30, 
   2025   2024 
Land  $945,279   $945,279 
Building and leasehold improvements   4,403,748    4,388,556 
Furniture and office equipment   598,863    600,186 
Computers and software   1,333,135    1,333,135 
Machinery and equipment   14,878,523    13,578,702 
Property and equipment, gross   22,159,548    20,845,858 
Less: Accumulated depreciation   (12,345,661)   (11,712,280)
Property and equipment, net  $9,813,887   $9,133,578 

 

Depreciation expense for the three and six months ended March 31, 2025 and 2024, was $310,302 and $648,025, and $304,889 and $673,190, respectively and is recorded in cost of revenues and general and administrative expenses on the Company’s unaudited condensed consolidated statements of operations.