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INTANGIBLE ASSETS | 12 Months Ended
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Sep. 30, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
INTANGIBLE ASSETS | NOTE D – INTANGIBLE ASSETS Intangible assets at September 30, 2018 and 2017 are as follows:
|  | 2018 |  |  | 2017 |
Internally developed software (5-year useful life) |  | $ | 157,221 |  |  | $ | 157,221 |
Customer relationships (10-year useful life) |  |  | 621,000 |  |  |  | 621,000 |
Intellectual property (5-15 years) |  |  | 917,350 |  |  |  | 917,350 |
|  |  | 1,695,571 |  |  |  | 1,695,571 |
Less: |  |  |  |  |  |  |  |
Accumulated amortization |  |  | 831,368 |  |  |  | 653,495 |
Intangible assets, net |  | $ | 864,203 |  |  | $ | 1,042,076 |
Total amortization expense charged to operations for the fiscal years ended September 30, 2018 and 2017 were $177,872 and $483,823, respectively. Impairment expense of $253,977 relating to internally developed software was included in amortization expense included in depreciation and amortization within the consolidated statements of operations for the fiscal year ended September 30, 2017. The following table presents the estimated amortization expense of the intangible assets for each of the five succeeding years as of September 30, 2018:
|  | Amount |
2019 |  | $ | 129,435 |
2020 |  |  | 129,435 |
2021 |  |  | 91,967 |
2022 |  |  | 91,967 |
2023 |  |  | 91,967 |
Thereafter |  |  | 329,432 |
Total |  | $ | 864,203

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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- References No definition available. + Details
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