Goodwill

3 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table summarizes the activity of goodwill at December 31 and September 30, 2015, respectively:

	December 31,			September 30,
	2015			2015
Balance - beginning of year	$	7,782,903		$	6,577,609
Additions resulting from acquisitions:
Acquisition of Track Group Analytics Limited		-			1,653,815
Effect of foreign currency translation on goodwill		(29,634	)		(448,521	)
Balance - end of year	$	7,753,269		$	7,782,903

Goodwill was recognized in connection to acquisition transactions in accordance with ASC 805. The Company performs an impairment test for goodwill annually or more frequently if indicators of potential impairment exist. No impairment of goodwill had been recognized through December 31, 2015.