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Property and Equipment
6 Months Ended
Mar. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

NOTE 4. PROPERTY AND EQUIPMENT

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

 

 

 

 

 

March 31,

2017

 

 

September 30, 2016

 

Computers, office equipment and furniture

$

546,254

 

 

$

442,915

 

Research equipment

 

8,655,069

 

 

 

7,490,400

 

Software

 

132,078

 

 

 

80,841

 

Leasehold improvements

 

12,003,310

 

 

 

11,885,365

 

Total gross fixed assets

 

21,336,711

 

 

 

19,899,521

 

Less:   Accumulated depreciation and amortization

 

(5,621,763

)

 

 

(4,512,760

)

Property and equipment, net

$

15,714,948

 

 

$

15,386,761

 

 

During the six months ended March 31, 2017, the Company’s Research equipment increased as the Company continues to build out its new research facility in Madison, Wisconsin.