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OPERATING EXPENSES (Tables)
12 Months Ended
Sep. 30, 2021
OPERATING EXPENSES  
Schedule of Operating Expenses

General and Administrative Expenses consists of the following:

Year ended September 30,

2021

2020

Professional fees

    

$

6,991,246

    

$

5,260,142

Salaries

 

6,091,520

 

2,437,934

Depreciation and amortization

 

720,805

 

725,796

Lease

 

1,776,198

 

905,231

Settlements and penalties

 

1,532,378

 

219,655

Employee benefits

 

368,563

 

216,349

Utilities and office expense

 

345,766

 

213,361

Advertising and promotions

 

413,771

 

156,241

Taxes and licenses

 

73,527

 

67,607

Repairs and maintenance

 

244,868

 

55,050

Other

 

835,299

 

169,775

Total

$

19,393,941

$

10,427,141

Within professional fees is MTI shares for services, which is the issuance of MTI shares for services rendered to consultants and professional service firms. The expense is recorded at fair value of MTI shares issued (see Note 13, Other Assets). For the fiscal year ended September 30, 2021 and 2020, the Company recorded $2,460,529 and $2,929,179, respectively, for shares for services.

Research and development consist of the following:

For the fiscal year ended

September 30, 

    

2021

    

2020

Research & Development

Professional fees

$

3,009,027

$

1,667,077

Total

$

3,009,027

$

1,667,077