Intangible Assets

6 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 5 – INTANGIBLE ASSETS

The Company’s intangible assets consist of customer lists, testing licenses, favorable leases and websites. The components of intangible assets as of March 31, 2019 and September 30, 2018 consist of:

	March 31, 2019			September 30, 2018
Customer list	$	849,458		$	865,672
License		503,000			503,000
Favorable lease		3,100			3,100
Domains & Websites		49,448			49,690
Non-compete agreements		181,538			184,563
Assembled Workforce		50,750			50,750
Intellectual Property		332,868			342,610
Total		1,970,162			1,999,385
Accumulated amortization		(506,945	)		(318,815	)
Net value	$	1,463,217		$	1,680,570

The Company estimates amortization to be recorded on existing intangible assets through the year ended September 30, 2030 to be:

	Amortization
2019	$	193,959
2020		346,656
2021		307,469
2022		238,289
2023		197,765
2024		124,847
2025		44,097
2026		2,317
2027		2,317
2028		2,317
2029		2,317
2030		868
Total	$	1,463,217