GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Jun. 30, 2022

GOODWILL AND INTANGIBLE ASSETS

Summary of changes in goodwill

	June 30,		September 30,
	2022		2021
Beginning balance	$	1,814,317	$	—
Acquired		2,273,237		1,814,317
Ending balance	$	4,087,554	$	1,814,317

Schedule of intangible assets subject to amortization

A table of the Company’s intangible assets subject to amortization at June 30, 2022, and September 30, 2021 is below:

								Amortization and
	Remaining Life at			Amortization and		Amortization and		Impairment Nine
	June 30,			Impairment at		Impairment at		Months Ended		Net Book
Intangible assets:	2022	Original Cost		June 30, 2022		September 30, 2021		June 30, 2022		Value
West Virginia Pipeline
Customer Relationships	102 months	$	2,209,724	$	331,451	$	165,725	$	165,726	$	1,878,273
Tradename	102 months		263,584		39,545		19,772		19,773		224,039
Non-competes	6 months		83,203		62,405		31,202		31,203		20,798
Revolt Energy
Employment agreement/non-compete	22 months		100,000		69,445		13,889		55,556		30,555
Tri-State Paving
Customer Relationships	118 months		1,649,159		25,552		—		25,552		1,623,607
Tradename	118 months		203,213		3,288		—		3,288		199,925
Non-competes	10 months		39,960		6,600		—		6,600		33,360
Total intangible assets		$	4,548,843	$	538,286	$	230,588	$	307,698	$	4,010,557

Schedule of amortization on identifiable intangible assets

July 2022-June 2023	$	503,395
July 2023-June 2024		446,456
July 2024-June 2025		432,569
July 2025-June 2026		432,569
July 2026-June 2027		432,569
After		1,762,998
Total	$	4,010,557