Note 10 - Fixed Assets

12 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

NOTE

10.

FIXED ASSETS

Fixed assets as of

September 30, 2020

and

2019

, respectively, consist of the following:

	September 30,						Estimated Useful
	2020			2019			Lives (in years)
Equipment	$	1,989,000		$	1,835,000		3 - 7 years
Furniture and fixtures		892,000			761,000		5 years
Construction in Process		21,000			—		N/A
Leasehold improvements		3,677,000			3,662,000		Lesser of useful life or term of lease
Capital leases (primarily composed of computer equipment)		907,000			907,000		3 - 7 years
		7,486,000			7,165,000
Less accumulated depreciation and amortization		(3,104,000	)		(2,098,000	)
Fixed assets - net	$	4,382,000		$	5,067,000

Depreciation expense for the years ended

September 30, 2020

and

2019

was 

$1,006,000

 and 

$728,000

 respectively.