Property and Equipment

12 Months Ended

Sep. 30, 2021

Property and Equipment

Property and Equipment

6.  Property and Equipment

Property and equipment, net consists of the following balances:

	September 30,		September 30,
	2021		2020
Computer equipment	$	2,309,053	$	2,302,978
Corporate airplanes		5,601,039		5,601,039
Furniture and office equipment		970,725		1,031,099
Manufacturing facility		5,889,491		5,733,313
Equipment		5,545,529		5,723,355
Land		1,021,245		1,021,245
		21,337,082		21,413,029
Less accumulated depreciation and amortization		(13,193,599)		(13,237,157)
	$	8,143,483	$	8,175,872

Depreciation related to property and equipment was approximately $373,068, $387,617 and $423,326 in fiscal years 2021, 2020 and 2019, respectively. The corporate airplanes are utilized primarily in support of product development. The Pilatus PC-12 airplane, one of the Company’s two corporate airplanes, has been depreciated to its estimated salvage value. Noncash investing activities involving property, plant and equipment comprise the abandonment of fully depreciated assets with an original cost and accumulated amortization of $416,626, $15,430 and $10,047 in fiscal years 2021, 2020 and 2019, respectively.