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INTANGIBLE ASSETS | 12 Months Ended
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Sep. 30, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
INTANGIBLE ASSETS | NOTE E – INTANGIBLE ASSETS Intangible assets at September 30, 2016 and 2015 are as follows:
|  | 2016 |  |  | 2015 |
Internally developed software (5-year useful life) |  | $ | 411,199 |  | $ |  | 298,797 |
Customer relationships (10-year useful life) |  |  | 621,000 |  |  |  | 621,000 |
Intellectual property (5-15 years) |  |  | 917,350 |  |  |  | 917,350 |
|  |  | 1,949,549 |  |  |  | 1,837,147 |
Less: |  |  |  |  |  |  |  |
Accumulated amortization |  |  | 423,649 |  |  |  | 238,368 |
Intangible assets, net |  | $ | 1,525,900 |  |  | $ | 1,598,779 |
Total amortization expense charged to operations for the fiscal years ended September 30, 2016 and 2015 were $254,284 and $96,891, respectively. The following table presents the estimated amortization expense of the intangible assets for each of the five succeeding years as of September 30, 2016:
|  | Amount |
2017 |  | $ | 243,177 |
2018 |  |  | 197,031 |
2019 |  |  | 149,357 |
2020 |  |  | 174,207 |
2021 |  |  | 174,207 |
Thereafter |  |  | 587,921 |
Total |  | $ | 1,525,900 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
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