Property and Equipment

9 Months Ended

Jun. 30, 2016

Property Plant And Equipment [Abstract]

Property and Equipment

NOTE 2. PROPERTY AND EQUIPMENT

The following table summarizes the Company’s major classes of property and equipment:

	June 30, 2016			September 30, 2015
Computers, office equipment and furniture	$	445,797		$	404,964
Research equipment		7,299,105			6,354,584
Software		121,568			110,428
Leasehold improvements		10,988,715			3,117,537
Total gross fixed assets		18,855,185			9,987,513
Less:   Accumulated depreciation and amortization		(6,580,364	)		(5,460,665	)
Property and equipment, net	$	12,274,821		$	4,526,848

During the three months ended June 30, 2016, the Company’s leasehold improvements increased as the Company prepares to move into its larger research facility in Madison, Wisconsin.  The lease terms of this facility are discussed in Note 6 – Commitments and Contingencies.