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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets include the value assigned to completed technology, customer relationships, and trade names. The estimated useful lives for all of these intangible assets, range from five to six years. Intangible assets are summarized as follows:

 

 

 

Weighted

Average

Amortization

Period

 

Cost

 

 

Accumulated

Amortization

 

 

Net

 

Completed technologies

 

6 years

 

$

2,370,000

 

 

$

113,014

 

 

$

2,256,986

 

Customer relationships

 

6 years

 

 

970,000

 

 

 

46,254

 

 

 

923,746

 

Tradenames

 

5 years

 

 

230,000

 

 

 

13,161

 

 

 

216,839

 

Total intangible assets

 

 

 

$

3,570,000

 

 

$

172,429

 

 

$

3,397,571

 

 

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense related to intangible assets for each of the five succeeding fiscal years is expected to be as follows:

 

 

 

Estimated Future

Amortization

Expense

 

2016

 

$

602,667

 

2017

 

 

602,667

 

2018

 

 

602,667

 

2019

 

 

602,667

 

2020

 

 

589,505

 

Thereafter

 

 

397,398

 

 

 

$

3,397,571