Property and Equipment

6 Months Ended

Mar. 31, 2016

Notes to Financial Statements

Property and Equipment

Property and equipment as of March 31, 2016 and September 30, 2015, were as follows:

	March 31,			September 30,
	2016			2015
Equipment, software and tooling	$	2,679,618		$	2,823,685
Automobiles		86,623			33,466
Leasehold improvements		1,297,908			1,351,017
Furniture and fixtures		412,841			311,628
Total property and equipment before accumulated depreciation		4,476,990			4,519,796
Accumulated depreciation		(3,092,920	)		(2,822,166	)
Property and equipment, net of accumulated depreciation	$	1,384,070		$	1,697,630

Depreciation expense recognized for property and equipment for the three months ended March 31, 2016 and 2015 was $212,902 and $149,188, respectively. Depreciation expense for property and equipment for the six months ended March 31, 2016 and 2015 was $388,990 and $320,095, respectively.